Bringing a pension home from abroad

New figures from Standard Life suggest that Irish residents have billions of euro in British pension funds.

13th September, 2008

New figures from Standard Life suggest that Irish residents have billions of euro in British pension funds.

Jim Connolly, head of pensions at Standard Life, said: ‘‘We estimate that about 350,000 people who live here have old British pension benefits - all of which could be brought home.”

An overhaul of British pension legislation in April 2006 made it easier to transfer pension funds out of Britain. Connolly said more than €10 billion...

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