Thanks for the info.
I live in Spain and the pension release will be beneficial to say the least as the cash is yours.

The annuity when taken stays lodged in the UK and is taxable as I understand it.

So QROPS -Qualifying Recognised Overseas Pension Schemes - is a bounus for the likes of me who still have a drawdown and not yet converted to an annuity.

As for Australia are you saying the QORPS is transferable to OZ? As I understand it we have to be out of the country 5 years before we can transfer - and then only to a qualifying country who the UK govt give the OK .. Spain being one of those.

A fee for someone doing all the paperwork has to be taken into account and also a minimum of £75.000 needs to be in the fund

Like you I am not an expert but have read realms of info and cannot see any disadvantage...after all it is my money and why should I pay TAX if there is an alternative :-))
malc