Case Studies

How we Helped

There are many reasons people have con-tacted Pensions to Canada and lots of ways we can help.

Please click the links below to see how we can help you

Cash for home or major purchase

Worried about Euro Economic Turmoil

Wanting to feel more organised

Make sure you don’t miss entitlements

Good Decisions for Final Salary Plan(s)

Protect your Family

Contents

Pete and Susan first got in touch with Pension to Canada after living in Vancouver almost 5 years. They felt at home as soon as they started to explore the local area’s natural beauty and couldn’t imagine returning to “expensive, crowded and gloomy London!” For Pete and Susan the only thing that was missing was a home they could call their own and the couple had felt helpless as they watched local house prices shoot up.

They each had a couple of pensions from their time in London and asked for help moving them to Canada to “move away from the economic trouble in Europe.” During the free telephone consultation with a Pension to Canada pension specialist Pete and Susan were able to understand their options and could suddenly see how they could use their British Pension plans to help with their Canadian deposit even though they were in their 40s. Pension to Canada helped Pete and Susan move their British Pension plans to Canada; making the whole process quick and simple by pre-populating all the paperwork and explaining each step in simple terms. Ultimately, Pension to Canada helped the couple access money previously locked away in their British Pension plans to get a foothold in the Vancouver property market.

How Pension to Canada Helped

Enabled Pete and Susan to buy their Canadian property by unlocking money from their British Pension plans for the deposit

Explained tax restrictions on UK Pension transfers to help the couple access cash for their property and avoid paying tax to either HMRC or in Canada on money they released

Made the process quick and simple

Provided an independent advice report which uncovered all the stones and made sure the transfer was truly in the couple’s best interest

Pete and Sarah needed Cash for a deposit on a new home

David had a successful career in finance.

His company had offered him the

opportunity to transfer to Canada several

years ago.

He had left behind a couple of British

Pension plans from his early career and had

found whenever he looked at his British

Pension Plan statements and translated

them to Canadian Dollars he was losing

money.

The debt crisis engulfing Europe and exchange rate movements had delivered

David a double blow.

Although still many years away from stopping work, David wanted to know that his

retirement provisions were in the best place they could be where he is able to keep

an eye on things which is what prompted him to call Pension to Canada.

Pension to Canada helped David make an informed choice which included

uncovering the ‘Devil in the detail’ of his British Plans. The advice report

recommended a transfer and David’s two British Pension Plans were efficiently

transferred into David’s existing pension plan provider in Canada which meant

David was able to have a single coherent investment strategy he could easily

change as his life and priorities change, and was able to keep track of his

investments online in one place.

How Pension to Canada Helped

Helped David quickly and efficiently move his British Pension Plans to Canada

Offered independent advice to help David transfer to the Canadian pension

plan which was best for him

Provided an independent advice report from which David could make an in-

formed decision to maximize his retirement provisions

Made the process quick and simple

David was concerned about the European Economy

Over the last few years Andrew

had hired a financial adviser and

felt a huge sense of relief as his

adviser helped him organize his

pension plans (RRSPs) into one

place.

Andrew was now able to see

more clearly how his retirement

plans were shaping up and what

legacy he could leave his family

but there was one thing missing

his British Pension plan from the years he spent working in Manchester, North

England.

When Andrew left the UK he had been told it was not possible to move his pension

to Canada and he contacted Pension to Canada for a second opinion.

Pension rules are constantly changing and it was possible, and in Andrew’s best

interest for the transfer to proceed.

Andrew now tells us he was surprised at how relieved he felt to have “everything

under one roof, including his British plan.”

How Pension to Canada Helped

Helped Andrew quickly and efficiently move his British Pension Plans to

Canada

Offered independent advice to help David transfer to the Canadian pension

plan (QROPS) which was best for him

Provided an independent advice report from which David could make an

informed decision to maximize his retirement provisions

Made the process quick and simple

Andrew wanted to feel more financially organised

Alice had enjoyed her career but was very much looking forward to her next stage in life. She had spent time in the UK early in life and wanted to make sure she wasn’t missing out on any benefits she was entitled to. At the same time she had a pension plan from her British Employer she wanted to move to Canada.

The British State Pension scheme is complex, for details check out our guide to British State Pensions. Pension to Canada made the complex simple and helped Alice understand key information about her British State Pension entitlements: when she was eligible, what she was eligible to and how to apply. Pension to Canada also helped Alice benefit from having all her pension provisions in Canada after concluding it was in her best interest to move her British Pension Plan to Canada.

How Pension to Canada Helped Kept things simple and provided key information and guidance on the British State Pension Guidance on how and when to claim (Pension to Canada can also manage the application process for you)

Helped Alice and her family support the Campaign for Expatriate State Pension increases Helped Alice simplify her affairs further by moving her British Pension plan from her employer to Canada

Alice wanted to make sure she didn’t miss out on any UK entitlements

Pete had served in the British Forces for almost 30 years. He was looking forward to spending the next chapter of his life with his Canadian wife in Quebec and wanted to make sure he was making the right choices with his army pension provisions. He knew the army offered him an excellent pension scheme and wanted to make sure he made good decisions to enable he and his wife to maximize their benefit from it in Canada.

Pension to Canada wrote to the Ministry of Defense Pension Administrator and confirmed Pete’s entitlements including: Initial income entitlement, future increases, cash and provisions for his wife. Pension to Canada produced an independent report which outlined benefits and drawbacks of Pete’s different options including having the Army pay his pension and moving his Army Pension to Canada and outlined different ways Pete could mitigate currency risk. This gave Pete peace of mind that he was making a good, informed choice.

How Pension to Canada Helped Provided a simple to understand comprehensive report to outline full British Final Salary scheme entitlements and options Provided an independent report outlining benefits and drawbacks of each option Enabled Pete to make an informed choice giving him peace of mind

Pete wanted to make sure he was making the right choices for his Army

Pension

Alison’s primary concern was to make sure she understood her British Pension schemes entitlements and how she could use them to make sure her family would be financially secure if anything happened to her. She had worked in the UK for about half of her career, but did not understand how her UK pen-sions worked.

Pension to Canada wrote to the Alison’s Pension Providers and confirmed her benefit entitlements including: Initial income entitlement, future increases, fund values and death benefits. Pension to Canada produced an independent report which outlined benefits and drawbacks of both keeping her pension plans in situ and in transferring them to Canada and ultimately helped Alison make and informed choice to move her British Pension Plans to Canada

How Pension to Canada Helped

Provided a simple to understand comprehensive report to outline full British Pension scheme entitlements and options Provided an independent report outlining benefits and drawbacks of each option Enabled Alison to make an informed choice giving him peace of mind Made moving Alison’s British Pensions to Canada quick and simple

Alison wanted to make sure her family were protected

To find out if transferring your UK pension is right for you

or to find out more about your personal circumstances

contact Pension to Canada today.

Pension to Canda e: info@pensiontocanada.com t: 1-800-670-8172 w: www.pensiontocanada.com

Legal disclaimer

The information contained within this document is of a general nature and cannot be relied upon

as, nor be a substitute for professional advice. The benefits and information vary according to

residency and domicile. No liability will or can be accepted fro any consequences arising from

any transactions embarked upon in connection with this information. Nor is the information con-

tained in this document a solicitation to enter into such an arrangement, or does it constitute in-

vestment or financial advice. Pension and investment rules can be complex and you should al-

ways seek professional advice before entering into any such agreement.