View Single Post
  #19  
Old 10.06.2008, 21:52
Richard Richard is offline
Forum Legend
 
Join Date: May 2005
Location: Luzern currently
Posts: 2,565
Groaned at 3 Times in 3 Posts
Thanked 720 Times in 373 Posts
Richard has a reputation beyond reputeRichard has a reputation beyond reputeRichard has a reputation beyond reputeRichard has a reputation beyond reputeRichard has a reputation beyond repute
Re: Pensions - how much are they really worth

Quote:
View Post
I don't know whether your employer would allow this although it depends on whether you will move back to the UK - but worth checking whether you can transfer the pension to the UK (timing of conversion from CHF to GBP is key) and then buy an annuity in the UK - the guaranteed annuity rates are always higher with GBP.
Current Swiss law prohibits the transfer of pensions out of Switzerland except to Liechtenstein. You can of course upon retirement choose to take capital instead of a monthly pension and transfer that but you will probably get stung on tax at the moment the money crosses the border...
Reply With Quote