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Old 11.01.2021, 00:50
HickvonFrick HickvonFrick is offline
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Re: UBS pension Withdrawal Change - but what about tax?

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Think that you need address that to the UK Govt., not me. But thanks anyway

I don’t get your hostility - you know how much tax will be deducted on your pension savings when withdrawing from Switzerland. If I do a quick internet research, I can see what possibilities there are are of transferring to my next UK pension pot. I would have researched this long before Brexit if I’d been in the same situation. You are talking about a 55% tax from the UK side - seems to be a UK and not a Swiss English Forum problem
Id have no idea who to ask if I was moving back. This is probably the most fertile source of fellow uk expats who've been through the same experience.

Withdrawing is very sensible even with a 6% tax as he'd have the freedom to invest as he likes - Swiss pensions are highly regulated and very low performance.
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