Hello everyone, this is my first post so bear with me.

I am a 28 year old part qualified accountant looking to move to australia in the next 3-4 years.

I have a query I was hoping someone could help me with

Is it worth my while starting a pension in the UK now & then transferring it to an Australian super when the time comes or will doing this significantly reduce the value of the pension due to admin/transfer costs etc?

I would be planning to put in £200 per month and my employer would also contribute

I suppose my other option would just be to use ISA's but then I will not receive the government contribution that I would get if I put the money into a pension

Any advice would be super

Thanks

Steven

"Any advice would be super"

was that a pun?

Not an expert here but just conscious of the fact that a lot of the early contributions go towards the commission to whoever writes your policy up. Whether that would affect the transfer value in the short term i don't really know. would look at it very carefully. I've watched my pension fund over 30 years and it's been up and down so you've got to hope that values are high when you move it. We've also got the problem of the exchange rate now affecting the transferred value. If i'd been a bit cleverer, i would have been buyting dollars over the last few years whenever the rate was good.