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Old 07.11.2018, 18:42
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Re: Leaving to live in the EU & cashing in a Swiss Pension

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Thank you for this great thread, especially to Fatmanfilms. I'm looking for a little help here if anyone is able, I'm getting confused.



I left Switzerland earlier this year to return to the UK, and filled in the LOB form to withdraw my LPP payments, I think in the way described in posts above. About a month ago I received the HMRC form, completed it, and sent it back. I have now received a letter from LOB saying that HMRC have confirmed that on the relevant date of 10/10 I was liable to complulsory insurance in the UK, and that my obligatory LPP is blocked until the conditions of cash payment are fulfilled.


Can anyone throw any light on this? If HMRC are referring to NI then do I need to actually retire in order to not be liable? Any help much appreciated.



Cathy
The 'new' mandatory work place pension is the issue, I suspect you are currently employed. If you become unemployed I think you could make the withdrawal. This is a recent issue since I started the thread, as I do know someone from the forum who did this 5 years ago which is where I got the idea from as everybody I spoke to had said it was impossible.
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