My wife and I have both had fantastic and well paid working careers. From being young we realised the importance to save for the future in the form of private pensions and equity funds. We planned ahead and started saving straight away.

When you are younger you don’t realise how quickly the years go by. Retirement and saving for retirement doesn’t seem necessary, however, before you know it, retirement age is upon you. To keep up with our current lifestyle we had come to realise long ago that the UK based state pension would be insufficient for our future.

Our plans for retirement included a complete relocation to Portugal. Our thoughts were to purchase a second home abroad to live in and large enough for family visits. Once the kids had left home we were able to inject more cash into our private pensions and equity schemes. Portugal had always been a favourite family destination for us; we knew the country well, loved the friendly people and began to make tentative steps towards buying a second home there.

After checking out the UK pension advice website we found out more about transferring our UK state pension. Portugal is within the EEA so this wouldn’t be a problem for our state pension transfer. There would also be no problem with our annual UK pension increase, this we were told would not be affected. We simply had to inform the UK pensions department of our personal details and new address in Portugal.

Our next priority was private pensions and equity investments. We soon found a fantastic website that specialises in transferring personal pensions and equity funds abroad. Their objective is to take care of the transfer and also to obtain the best possible pension scheme and equity investments for you. Their approach is very flexible with a wide choice of options on pensions, equity funds and other financial matters, all aimed towards providing better returns for their customers.

The transfer of pension schemes abroad for UK citizens who wish to relocate can seem very daunting. Therefore with the assistance of pension specialists, the task for us of protecting our pensions and equity funds was made much easier. We certainly didn’t want our finances to lose any value.

Very soon we made contact with this company. We realised that we had to make the correct choice when transferring financial assets we had worked ever so hard to build up over many years. Our new life in Portugal wouldn’t be possible without pension and equity protection. We have personal savings, but knew that these would be insufficient over a long period of time.

The process of transferring private pensions and equity funds went according to plan. Our new pension provider has forecast better returns in the future than we would have received from our previous company. The UK state pension, our private pensions as well as equity funds are now sorted out. Portugal here we come!

Author Bio: Joyce Stewart is a freelance writer who has recently taken advantage of QROPS Pension scheme. The QROPS pension scheme is an ideal choice for anyone who wants to be comfortable in their old age.

Category: Finances
Keywords: Look Into Transferring Pensions And Equity Funds Abroad WIth A QROPS Scheme