7 August 2017
Category: Budget, General
7 August 2017,
 0

I have been living and working in London for the past 11 years and for nine of those years I have been part of my employer’s pension scheme – where we both contributed 5 per cent of my salary. I’m moving back to Irelandnow and will be saving into my new employer’s pension scheme. I’m wondering what my options are in terms of my UK fund. Can I amalgamate it with the new scheme? I’m concerned that I could lose track of it if I just leave it where it is.

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Answer: Jerry Moriarty, CEO of the Irish Association of Pension Funds

It might be quite difficult to transfer it to your new employer’s pension scheme as the UK Revenue have quite strict rules about the type of arrangement that you can transfer benefits to.Please subscribe or sign in to continue reading.

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