We understand that financial planning can feel complex, and it’s perfectly natural to have plenty of questions along the way.
Clearly, the most effective way to address these may be a face-to-face meeting or on a call, since an answer to a question is likely to prompt another.
However, in our experience helping thousands of clients with their financial planning arrangements – particularly around moving from the UK to Australia – we’ve noticed that some questions are more commonly asked than others.
Because of that, we’ve set out some of these on our FAQ page, which we recently updated.
Here’s a helpful summary for you of what you’ll find there in each of the sections.
About bdhSterling
This section sets out everything you need to know about us, including how we are regulated and where our offices are based.
We also answer questions related to how we differentiate ourselves from other advice companies, how we are remunerated, and what you can expect when working with us.
Pension transfers from the UK to Australia
As you have already read, an important part of our business relates to helping people manage their finances when moving from the UK to Australia.
One of the most important of these is your pension arrangements, so we inevitably get lots of questions around this.
We’ve set these out under seven tabs that cover all the important issues, such as taxation, investments, and the transfer of your UK pension to an Australian super fund. It offers a structured overview of the essential issues you’ll want to understand.
Financial planning when moving to Australia
As well as your pension arrangements, there are other important financial planning issues to consider related to your move to Australia.
These could include:
- Your legacy planning
- Taxation and residency arrangements
- Cross-border investment strategies.
We’ve set out some of the questions that often come up regarding these and other topics in this section.
Accessing your super fund from the UK
Alongside helping British expats in Australia with their financial planning, we work with Australian expats in the UK and Brits returning to the UK after spending time in Australia.
Because of this, we are often asked about how to access Australian super funds from the UK.
So, in this section, we have set out some of the key questions, such as:
- How old do I need to be to access my Australian super?
- What is my “preservation age”?
- Do I need to be retired to access my Australian super?
We recently ran a webinar on this very issue, which you may find useful.
Get in touch
You should bear in mind that all the information in our FAQ section is general in nature.
This means that the answers do not necessarily take into account your specific circumstances and financial objectives.
Working with an experienced advisory firm like bdhSterling can help give you confidence and peace of mind that come from having an effective personalised financial strategy in place.
So, if you would like to discuss your financial plans in detail, please get in touch with us today.
Please note
This article is for information only; it does not take into account your personal objectives, financial situation, or needs.
Please do not solely rely on anything you have read in this article, and ensure that you conduct your own research to ensure any actions you may take are suitable for your circumstances.
The value of your investment can go down as well as up, and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance.
All contents are based on our understanding of HMRC and ATO legislation, which is subject to change.