Transfer Your UK Pensions to Australia with Ease!
Welcome to the Australian Expatriate Superannuation Fund.
The Australian Expatriate Superannuation Fund (AESF) provides a specialist retail superannuation solution for eligible pension transfers to Australia.
Our experienced team supports you throughout the application and transfer process, helping make a complex journey easier to understand and manage.
Check whether you may be eligible to apply for AESF.
ABOUT US
At AESF, we understand that transferring a UK pension to Australia can involve complex UK and Australian requirements. Our experienced team can explain the AESF application process, liaise with relevant parties and support you throughout your transfer journey.
We provide general information about AESF but cannot provide personal financial advice. If you require advice based on your circumstances, we can introduce you to a suitably qualified financial adviser.
Who We Are
The Australian Expatriate Superannuation Fund (AESF) is a public-offer retail superannuation fund promoted by IVCM (Aust) Pty Ltd.
AESF is a division of the Tidswell Master Superannuation Plan, which currently appears on HMRC’s recognised overseas pension schemes list. This enables AESF to receive eligible UK pension transfers, subject to the applicable UK and Australian requirements and Trustee approval.
HMRC’s list records schemes that have notified HMRC that they meet the relevant requirements. Inclusion on the list does not represent HMRC approval or endorsement.
Who We Work With
Interests in AESF are issued by Diversa Trustees Limited, the Trustee of the Tidswell Master Superannuation Plan. Diversa holds Australian Financial Services Licence 235153 and RSE Licence L0000635 and is regulated by the Australian Prudential Regulation Authority.
Investments in AESF are held through the Praemium Separately Managed Accounts platform, a registered managed investment scheme operated by Praemium Australia Limited.
IVCM (Aust) Pty Ltd is the Promoter of AESF and supports members and applicants throughout the application and transfer process.
WHY CHOOSE THE AUSTRALIAN EXPATRIATE SUPERANNUATION FUND
Transferring a UK pension to Australia can involve several legal, tax and administrative requirements. Our experienced team helps coordinate the AESF application and transfer process, keeping you informed throughout your transfer journey.
SIMPLE TRANSFER PROCESS
EXPERT SUPPORT & GUIDANCE
MULTI CURRENCY INVESTMENTS
LOW COST, TRANSPARENT FEES
Our Australian Expatriate Superannuation Fund provides a simple solution for you to transfer your UK pension to Australia
GET STARTED
1- Forms
Print, complete and return our application forms
Our forms include a mandate to allow us to deal with your UK scheme provider on your behalf.
2- Identification
Provide Certified Copies of your identification documents
A passport or driving license as proof of identity. A utility bill as proof of address.
3- Apply
Send the forms and identification documents to us
Post all required documents to our office in Sydney below.
DOCUMENTS
Once you have completed these forms, send them to our Sydney office, noted below, alongside your completed UK Pension transfer forms and your identification/proof of address documents.
IVCM (Aust) Pty Ltd, Level 5, 20 Bond Street, Sydney, NSW 2000, Australia
We can start the process if you email/scan the documents to us, but ultimately we need the original forms and documents.
Email your documents to enquiries@ivcm.com
LEGAL DOCUMENTS
KNOWLEDGE HUB
FREQUENTLY ASKED QUESTIONS
Can I transfer my UK Pension funds to Australia?
Yes, you may be able to transfer eligible UK pension savings to AESF, subject to UK and Australian rules, your pension scheme’s requirements and Trustee approval.
AESF provides a straightforward way to bring eligible UK pension savings to Australia. Eligibility, tax treatment and any Overseas Transfer Charge will depend on your circumstances, so speak with our team to find out whether you can apply.
MOST IMPORTANTLY - You can only transfer your UK pension to an Australian scheme that appears on HMRC’s ROPS list as a Qualifying Recognised Overseas Pension (QROPS).
What happens to my pension funds when they arrive in Australia?
Your UK pension transfer must be paid to the bank account nominated by the Trustee. Once received, the funds are identified, reconciled and allocated to your AESF account.
Where required, a currency conversion will be completed before the funds are invested. Applicable transfer fees and any Australian tax payable following a valid fund election may also be deducted.
Your funds will then be invested through the Praemium platform in accordance with your valid investment instructions. Once your account is established, you will receive information about accessing the AESF Investor Portal.
How are my UK pension funds invested in a Superannuation Scheme?
AESF provides access to a broad range of investment options through the Praemium platform, including managed funds, exchange-traded investments and cash options.
Investment options are available in Australian dollars and British pounds. The available investments, applicable fees and investment risks are explained in the current Investment Guide.
Investment values and returns can rise or fall, and returns are not guaranteed.
A full list of the funds available with our product can be found in our Investment Guide.
What are the ongoing charges with AESF?
You can refer to the following documents for further details of our fees.
Do I need a Financial Adviser to transfer my funds?
Financial advice is not compulsory for every UK pension transfer, although it can help you understand the tax, investment and retirement implications.
If your UK pension contains safeguarded benefits, such as a defined benefit or final salary pension, valued above £30,000, UK law generally requires you to obtain appropriate independent advice from an FCA-authorised pension transfer adviser before transferring.
Your UK pension provider may also have its own advice requirements. Our team can explain the AESF application process, but we cannot provide personal financial advice.
Can I transfer my UK State Pension to Australia?
No, you are not permitted to transfer your UK State Pension to Australia.
Your UK State pension is not transferrable in the UK or overseas. You can only receive the income payments you are entitled to once you reach your state pension age.
What is a QROPS?
A Qualifying Recognised Overseas Pension Scheme (QROPS) is an overseas pension scheme that has confirmed to HMRC that it meets specified UK requirements.
AESF operates within the Tidswell Master Superannuation Plan, which currently appears on HMRC’s recognised overseas pension schemes list, allowing it to receive eligible UK pension transfers.
HMRC listing does not represent approval or endorsement, and all transfers remain subject to eligibility requirements and Trustee approval.
A full list of registered QROPS schemes can be found here.
Can I consolidate my existing Superannuation fund in AESF?
You may be able to consolidate eligible Australian superannuation accounts into AESF, subject to the Fund’s rules and applicable requirements.
AESF does not currently charge a transfer administration fee for receiving a rollover from another Australian superannuation fund. However, your existing fund may apply fees or other conditions.
Can I withdraw money from my Australian Expatriate Superannuation Fund?
SSuperannuation is generally preserved for retirement and can only be accessed when you satisfy a condition of release under Australian law.
Common conditions of release include reaching age 65 or reaching your preservation age and retiring. After reaching preservation age, you may also be able to commence a transition-to-retirement income stream, although restrictions apply.
Early access is available only in limited circumstances prescribed by law. Additional UK tax and reporting requirements may apply to benefits originating from a UK pension transfer.
Your preservation age, determined by the Government, is 60; unless you were born in 1964. If you were born before June 1964, your preservation age will be as follows:
| Date of Birth | Preservation Age |
| Before July 1960 | 55 |
| July 1960 – June 1961 | 56 |
| July 1961 – June 1962 | 57 |
| July 1962 – June 1963 | 58 |
| July 1963 – June 1964 | 59 |
| After June 1964 | 60 |
Reaching preservation age does not automatically provide unrestricted access to your super. You must also satisfy an applicable condition of release.
For further information, view the Australian Expatriate Superannuation Fund Member Guide.
Can I make additional contributions to my Superannuation fund?
Yes, if you are wanting to have a comfortable retirement lifestyle, then it is important that you have adequate savings in place and a great way of achieving this, is by contributing to your superannuation fund.
However, you must be aware of the eligibility conditions in order to contribute to your Super fund. You must also make sure that you are aware of the contribution limits in place so that you do not trigger an unnecessary tax charge.
For further details on the eligibility rules surrounding contributions to your Super, please view the Australian Expatriate Superannuation Fund Member Guide.
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