Pension capital from UK pension funds
Good reasons for transferring to Independent
You benefit from tax privileges
- Tax-free transfer of your UK pension scheme
- No wealth and income taxes in Switzerland on the vested benefits
- Withdrawal of vested benefits are taxed at a preferential rate
- Low withholding tax (Canton Schwyz) if you leave Switzerland permanently
You minimize the currency risk
- UK Pension fund investments are denominated in pound sterling for the most part
- This involves currency risk for people who finance their livelihood outside of the UK
Your retirement capital can be individually managed
- Personal, customized investment strategy in compliance with statutory investment guidelines
- Complete transparency when it comes to performance and cost
- Securities transfer into your private assets when the pension assets are paid out