UK Pensions in Spain 

A large number of people living in Spain have at some point lived and worked in the United Kingdom. As a result, many Spanish residents have UK pension schemes.


 Since leaving the UK, it's not uncommon for people to lose track of these accrued assets. This can lead to questions on drawdown/income, lump-sum entitlement, taxes, death benefits, currency risk among other things.


Book your no obligation UK Pension session below

Keep Reading!

Thousands of Brit's are sleepwalking into a retirement nightmare, due to a lack of knowledge about their pension. We've created a simple test to help you judge your knowledge.


Can you pass the basic UK pension test?


Question 1. What age can you access your UK workplace pension?


Question 2. Do you what fees you are paying to your current pension scheme?

 
Question 3. Do you know how much tax you will need to pay when you start drawing down?


Question 4. What can your spouse/children expect to receive from your pension if you pass away?


Question 5. Did you know if you are unmarried your final salary pension will likely die with you?


Question 6. Do you know the lifetime allowance?


Question 7. Do you know how much you can take as a PCLS?

 
Question 8. Do you know what your pension is invested in?


0-3 - Your score is below average! Your knowledge on the subject needs to improve to ensure you avoid scary surprises when you reach retirement. We recommend you sign up for a UK pension discovery session.


4-6 - You've achieved an average score! You've clearly done reading on the subject, but to ensure you're not left in the dark it's time to improve your knowledge. We recommend you sign up for a UK pension discovery session.

 7-8 - Great work - You're a UK pensions expert, well done!

Book your no obligation UK Pension session below

Get in touch if you have questions on drawdown/income, lump-sum entitlement, taxes, death benefits, currency risk among other things.


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