Quote:
Originally Posted by aa88
I was wondering how other people using this forum are managing, or plan to manage their UK pension. Do you transfer your pension to where ever you are or is there some way it can be paid from a UK scheme to a bank account in another country?
I would be very grateful of any information or experiences people have about this.
many thanks
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I am not sure how relevant my situation is, but I have my company pension and my U.S. Social Security benefit direct deposited into my brokerage account in the U.S., but I could do almost the same thing with a commecial bank.
I have a U.S. mailing address with a mail forwarder, and a domestic telephone number, via Skype. With these things I can maintain my U.S. credit cards, use electronic bill-pay for U.S. bills, and wire money to my bank in my current country, to pay local bills. I don't really trust the banking system in Central America and only keep enough cash here for ATM cash, and a bit of cheque writing.
I would imagine that you could do the same in the UK.