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Posted Wed, 03 May 2023 15:08:41 GMT by
Through my employer of 12 years a pension pot of approximately 250K has been amassed by monetary inputs by my employer and me. It is in funds managed by SwissLife Luxembourg. I've reached the age of 65 and am required to transfer it to my bank then to a plan. SwissLife are insisting it must go into a bank. Luxembourg is not a ROPS/QROPS, I know this but had it been qualifying the tax burden would be enormous. What are my options, I want to put the entire fund into a pension?
Posted Wed, 10 May 2023 12:20:35 GMT by HMRC Admin 25
Hi Rubi57mc,

We regret that we are not in a position to advise on a matter such as this.
You will need to contact the Self Assessment helpline contact details here: 
Guidance on QUROPS can be found here:
Overseas pensions: pension transfers
Self Assessment: general enquiries

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