This is a pension funded by an employer where the “pot” (and possibly yourself) which will provide tax free cash and an income based upon the size of your retirement fund. It can fluctuate according to the performance of your fund and should be reviewed from a performance, tax and flexibility perspective.

For further details contact Incompass here  or visit their website . 

Please note this advice relates to UK pension holders who are immigrating or moving to South Africa or have already immigrated or moved to South Africa.

Disclaimer: The information contained on this site provides only general guidance and does not constitute financial advice. You should not rely on this information to make (or refrain from making) any decisions. For advice tailored to your own particular situation, always seek independent advice from an expert or professional. In money matters, the answer to many FAQ will be “it depends.” It depends upon circumstances and what you would like to achieve so always seek independent financial advice from someone with a full understanding of your situation and the tax and legal systems that apply.