Irish Pension

Author
Discussion

bmwmike

Original Poster:

7,008 posts

109 months

Thursday 20th April 2017
quotequote all
Hi
I have a workplace pension of approx 30k euros in Rep of Ireland. Not lived there since 2005 and would be interested in moving it over to the UK as the pension provider is not easy to use if I want to change funds etc.

I asked them and they said the UK legislation has just changed so I am not allowed to move it. I've asked them which legislation and they have yet to reply. Hewitt is the provider.

Any input appreciated...!

thanks
Mike

bmwmike

Original Poster:

7,008 posts

109 months

Thursday 20th April 2017
quotequote all
Nothing changed yet though.. hence I asked for the specific legislation and the provider has yet to errr, provide it.

Annoying thing is I asked them about moving it to UK a few years ago and they said it was not possible without giving a reason. I stupidly forgot about it and just logged in yesterday to find I've been contributing to the Irish pension "levy" (raid) for the past few years so it stoked up my interest in moving it back.




bmwmike

Original Poster:

7,008 posts

109 months

Thursday 20th April 2017
quotequote all
PurpleMoonlight said:
There have been recent changes to transferring from the UK to overseas but as far as I am aware there have been no changes transferring from overseas to UK.

Are you sure they don't mean an Irish legislative change?
Indeed that would make more sense but "due to recent changes in UK pensions legislation, transfers from Irish pension arrangements to UK pension arrangements are currently not being permitted".

Still waiting for them to clarify. As someone above said it could be a mix up of internal policy changes pending brexit vs "law".



bmwmike

Original Poster:

7,008 posts

109 months

Thursday 20th April 2017
quotequote all
yes Ireland (Republic of) not UK Northern Ireland smile

Will update once I get the reason off Hewitt.

Thanks!!