I want to retire from overseas
If you live overseas when you decide to take your pension, we will continue to support you through the retirement process.
Keep your details up to date
It’s important that we have your latest contact details so we can continue to send you important information about your pension.
Our administrator doesn’t have the same access to public records if you live overseas and so, once your pension is in payment, you’ll be contacted yearly to ensure your personal details remain correct and up to date
You can update your details at any time through our administrator’s online portal, OneView. Visit Manage my pension online to find out more. You can also contact the Administrator directly.
Receiving pension payments overseas
Your pension can be paid directly into an overseas bank account.
Some countries may have restrictions on whether you can receive pension payments from abroad. The administrator will be able to confirm if your resident country is subject to sanctions.
Understanding tax implications
If you live overseas, your pension may still be subject to UK tax and local tax rules in the country where you live.
As tax treatment can vary depending on your circumstances, you may wish to seek independent financial or tax advice before taking your pension.
You can find out more on the UK Government website: www.gov.uk/tax-on-pension/tax-when-you-live-abroad
