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<p>UK pensions legislation already ensures that any member of a UK pension scheme
has a statutory right to transfer their pension, which includes the option to transfer
to any overseas pension scheme where that scheme meets certain requirements. Equally,
UK pensions legislation does not prohibit a UK pension scheme from receiving capital
from overseas pension schemes.</p><p> </p><p>The UK and EU have already agreed the
terms of an implementation period lasting until the end of 2020. During this implementation
period, access to one another’s markets will remain unchanged and on the current terms,
ensuring continuity for consumers and businesses.</p><p> </p><p>Under any other scenario
to the rights of members of UK pension schemes to transfer their pension, will not
be affected. Whether they are a UK citizen or a non-UK EU citizen, they will continue
to be able to transfer their pensions to overseas pension schemes. Equally, UK pension
schemes will continue to be able to receive transfers from overseas pension schemes.</p>
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