Advantages of an International SIPP
The advantages of an International SIPP are extensive, providing far greater investment choice and flexibility than traditional pension schemes—while your investments continue to grow free from UK capital gains and income tax.
Investment options within an International SIPP are broad and can include mutual funds, investment trusts, gilts, UK and international equities, unlisted shares, insurance bonds, OEICs and unit trusts, exchange-traded funds (ETFs), and even direct property or land holdings.
Flexible Access
Management
Tax Relief
Wider Investment Options
Multi-Currency
Low-Cost
Safety, Protection & UK Compliance
Consolidation
Payment Gross of UK Tax
International SIPP
As a UK expat residing in the USA, you may discover that your UK pension can no longer be actively managed, and new restrictions could be imposed on your account.
What is an International SIPP?
Experience the advantages of an International SIPP—ideal for expats and non-UK residents who want to manage their pensions seamlessly across borders. An International SIPP allows you to transfer and consolidate your UK pension benefits into one flexible structure, all while remaining fully compliant with UK pension regulations.
Gain the freedom to draw a regular or adjustable income through flexi-access drawdown without having to cash in your investments. And unlike traditional pension schemes, you’re not required to buy an annuity—giving you full control over your retirement strategy.
Why use an International SIPP as a Non-UK Resident?
An International SIPP offers a comprehensive solution for British expats seeking control and flexibility when managing pensions overseas. More than just a convenient structure, it provides access to a wide range of global investment options designed specifically for international clients. From equities and bonds to multi-currency holdings, the International SIPP allows expats to build a diversified portfolio and take advantage of global market opportunities—all under the trusted regulation and protection of the UK’s Financial Conduct Authority (FCA).
Why Transfer?
The reasons for undertaking a UK pension transfer will differ for each client. In some cases it might not make financial sense to undertake a pension transfer if, for example, you have a UK pension with certain benefits or guarantees. However, some of the key benefits of transferring your UK pension can include:
Consolidation
Having the ability to consolidate more than one UK pension into one easy to manage pension wrapper that you can access wherever you are.
Control
Being able to determine your own pension drawdown strategy and to retain the capital value of your UK pension.
Legacy Planning
Your pension can be passed onto your chosen beneficiaries free from the limitations and restrictions commonly imposed by company pension schemes.
Investment Options
Being able to determine your investment strategy based upon your risk appetite, time horizon and preferences for certain asset classes and funds.
UK Pension Review Service
We offer a completely complementary tracing and review service for anyone who has worked in the UK. Our UK Pension Review process will help you identify and understand your existing arrangements and the options available to you based on your needs and objectives.
As part of the complimentary, no-obligation service, we collect the required information on your pension and get an understanding of your retirement objectives. After this assessment we will talk to you about your options. The review service is free of charge.
In the review you will receive a simple breakdown of the following:
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Full valuation of all schemes, occupational or private
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Legal entitlements
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Debt level/solvency of scheme
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Current/past fund performance
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Current death benefits
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Guaranteed Minimum Pension (GMP)
If you and your adviser determine that a transfer is appropriate, we will make all the arrangements necessary for the transfer. Our fees are paid within the transfer arrangement so there is no need for you to send us any payment. Our fees are competitive and are presented to you in full before any actions are taken to transfer your pension.
To find out more about how we can help you, simply leave your details and one of our pension advisers will arrange a convenient time to talk.
UK Pension Transfers
The retirement options available to you under your existing UK pension(s) will depend upon the type of pension you have and what retirement options the scheme offers. As UK pensions’ legislation has changed over time, the options available can vary widely with some offering flexibilities and others being restrictive. It is therefore important to understand your options before starting to draw your UK pension.
Through a fully regulated process and with the help of qualified advisers and specialists, we help clients with UK pension assets UK to locate, review and take full control as transfer values continue to rise and many schemes in the UK run into funding difficulties and deficits.
*A transfer is not appropriate for all individuals. There are disadvantages that must be evaluated including the cost of transferring and the ongoing costs and expenses, multiple layers of fees the client will bear and will impact overall performance, loss of guaranteed annual pension, loss of protections provided by the UK’s Pension Protection Fund (PPF) and exposure to investment risks to name a few.