Has anyone moved a small UK pension to Aus? - I've got a small (40K GBP) defined contribution pension in the UK. I've read I can bring this over to Aus if I set up a QROPS in Aus when I'm 55, which is an SMSF. But I'd still have to pay 15% tax on the growth of the fund since I became and Aus resident. Has anyone done this? How easy was it?Ausfinance
Has anyone moved a small UK pension to Aus? - I've got a small (40K GBP) defined contribution pension in the UK. I've read I can bring this over to Aus if I set up a QROPS in Aus when I'm 55, which is an SMSF. But I'd still have to pay 15% tax on the growth of the fund since I became and Aus resident. Has anyone done this? How easy was it?
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...