We transferred our UK works pension here from the UK when we came here as permanent residents in 2007. We are now going home permanently. How can we legally take this fund with us so that we can use it to buy a small investment property in the UK for a relative to live in (and which will form our pension). It's of no use to us here, especially when you consider the huge running costs associated with it plus the scary possibility of losing 40% of it to the government. Alternatively can it be put back into the NHS pension fund from whence it came? (I still have mine, the one we transferred was my husband's - wish we hadn't).

I fear you cannot transfer the superannuation fund back to the UK ... but may be able to use your Self Managed Super Fund to acquire the UK property.

Consider taking professional advice.

Best regards.

As soon as you leave Australia your SMSF becomes non-resident and therefore a non-complying fund. You are right to be looking for ways to transfer your retirement funds to your new home.

I am not sure if these folks can transfer out of Australia, but if not, they may be able to give you a referral to someone who can...

Exfin



Best of luck,
Marilyn

Unfortunately you do not state how old you are because if you have reached preservation age or retirement age then there may be room for maneuver.The following two articles will help to explain the situation and perhaps give you options to consider.



http://www.superguide.com.au/s...an-i-access-my-super


http://www.superguide.com.au/a...s-to-cash-your-super

If you are already 60 and retired then any pension you take from your super is tax free so you could explore taking the whole lot as one pension amount when you are ready to leave. Once in your own account you can do what you like with it for transfer purposes. I think this is correct but you should get professional advise to be sure.

Good luck! As Billy Connolly is won't to say in that advert " After all it's YOUR money!"