I am an Australian PR. I recently received a job offer from UK for which I am going to relocate to UK for two years. I do have some saving in AUS as well as a few years of contributions in a superfund, Unisuper. Now, I understand that Unisuper is performing rather well, so my default choice would be to simply move all money into the accumulation component and let the managers do their job.
However, I understand that Unisuper is not in the QROC list compiled by the UK government, and therefore I will be unable to bring my UK pension into that fund.
This led to a broader speculation on the topic of pension optimization.
was considering either opening a SMSF with a cheap provider (stake.com.au), or identify a Superfund in the QROC list which will allow me to concentrate pensions into one single fund. I have several questions
1) for expats that know the UK pension system, what is the most efficient way to cut my income taxes (salary sacrifice? ISA funds?) and what fund do you use to bring your pension back to AUS?
2) What is the best super allowing for self-investment? I would like to invest my Australian super in a 3-4 ETFs while I'm abroad