Navigating UK pension options while living in Poland can be complex, especially post-Brexit. Whether you’re looking to transfer your UK pension to Poland or explore alternatives like an international SIPP, understanding your choices is crucial. This guide outlines the best solutions for managing your UK pension while residing in Poland.
In the past decade, huge numbers of people have transferred their final salary/defined benefit pensions to a SIPP or QROPS as Cash Equivalent Transfer Values have soared. However, since the start of 2022, these valuations have started to fall back and I have had numerous enquiries from people wanting to know why their pension transfer value has dropped. In this post, we will look at the nuts and bolts of how a defined benefit pension cash transfer value is calculated.