Re: Posting Test


Tony Williams wrote:
In article <1165998428.867613.313590@xxxxxxxxxxxxxxxxxxxxxxxxxxxx>,
Bill Sloman <bill.sloman@xxxxxxxx> wrote:
[snip]
My U.K. pension funds are in Equitaqble Life unit trust shares -
do you have any idea what I should be doing about them, bearing
in mind the new rules about Australian superannuation funds? Our
accountant evasive on the subject this morning.

I knew someone who emigrated to Oz a couple of years ago.
He was about 50, so was advised to convert all his UK
investments and pensions into cash and re-invest in Oz.

Having been through the pensions maturity hoops I
would suggest taking advice on letting your pensions
mature, (to reach full fund value), then investing
in an annuity in Oz.... thus obtaining a pension
under Oz rules.

That is what I was doing yesterday morning. The accountant will be less
evasive after I've sent him the full details of my Equitable Life
trusts in January - I've got a neat (if rather fat) file of paperwork
on the subject in Nijmegen, but I abandoned any thought of bringing it
with me when my wife got my suitcase up to 30 kgm when we were packing
to come to Sydney.

--
Bill Sloman, Nijmegen (but in Sydney at the moment).

.

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