Transferring a British Pension to Germany: Duration, Process, and Checklist
Transferring a British pension to Germany is not a simple administrative procedure—it is a complex, cross-border process that can take several months and requires close cooperation between the British pension provider, a German QROPS provider, and a specialized advisor. Those familiar with the process can actively shape it and avoid common delays. Step 1: Assessing […]
QROPS vs. SIPP: Which option is right for you?
Anyone living in Germany who is considering consolidating and/or transferring their British pension will sooner or later come across two options: transferring to a QROPS (Qualifying Recognized Overseas Pension Scheme) in Germany or to a SIPP (Self-Invested Personal Pension). Both approaches have their merits—but the right choice depends heavily on your personal situation, your place […]
Defined Benefit vs. Defined Contribution: Which UK pension can I actually transfer?
People who have worked in the UK often think of “their British pension” when it comes to retirement planning—yet this term can actually cover a wide variety of pension schemes that differ fundamentally in how they work, their portability, and the effort involved. The first step before any QROPS transfer is therefore: What type of […]
Important change to the law from 01.05.2025
In the Autumn Budget 2024, on 30.10.2024 the HM Revenue and Customs (HMRC) published changes to the rules for overseas pensions and scheme administrators. Until this change in the law, a tax-free pension transfer from the UK could be guaranteed if one of the following conditions was met (the following list includes the conditions that […]