"Frozen" Pension Funds - moving money elsewhere
Discussion
This being PH, I have faith someone will know the answer!
SHORT QUESTION
Does anyone know if I can move money from existing UK private pension funds to a recognised pension fund elsewhere in the E.U.?
BACKGROUND
I moved from the UK to Luxembourg 13 years ago, having worked for a US Bank in the UK for ~10 years leading up to my move. I have 2 amounts of money in 2 of that Banks staff pension schemes, which whilst I'm not paying anything into them, still accrue money based on the funds performance.
I would like to move the money from those 2 funds to the Luxembourg state pension fund (which I already pay 8% of my gross income into) to buy me some more years entitlements, lowering my retirement age. The frozen funds in the UK can not be drawn until I'm 67.
Thanks in advance!
SHORT QUESTION
Does anyone know if I can move money from existing UK private pension funds to a recognised pension fund elsewhere in the E.U.?
BACKGROUND
I moved from the UK to Luxembourg 13 years ago, having worked for a US Bank in the UK for ~10 years leading up to my move. I have 2 amounts of money in 2 of that Banks staff pension schemes, which whilst I'm not paying anything into them, still accrue money based on the funds performance.
I would like to move the money from those 2 funds to the Luxembourg state pension fund (which I already pay 8% of my gross income into) to buy me some more years entitlements, lowering my retirement age. The frozen funds in the UK can not be drawn until I'm 67.
Thanks in advance!

Short answer, yes in principle.
Longer answer, yes, you can make the transfer to an appropriate pension fund. This will mean either an employer sponsored pension arrangement or a personal pension plan you have in your own name. This will almost certainly EXCLUDE the Luxembourg state system, so your thoughts in that direction may well have to change.
R.
Longer answer, yes, you can make the transfer to an appropriate pension fund. This will mean either an employer sponsored pension arrangement or a personal pension plan you have in your own name. This will almost certainly EXCLUDE the Luxembourg state system, so your thoughts in that direction may well have to change.
R.
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