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Is it possible to transfer private UK pension to Japan?

Posted: Wed Sep 11, 2024 12:28 pm
by hoofishtick
Hi folks

I have a small amount of money (less than 10,000 UKP) in a private pension from years ago. I want to liquidate it, but is it actually even possible to transfer it to my Japanese pension (kouseinenkin)? I think I read somewhere that there is no system in place for doing such a thing.

I'm guessing I could just have it paid into my UK bank account.

Do I have any other fairly simple options? I really want to minimise the amount of finance related accounts I have.

Am I making *any* sense?

Thanks

Hoof

Re: Is it possible to transfer private UK pension to Japan?

Posted: Wed Sep 11, 2024 3:09 pm
by beanhead
Private UK pension to Japanese state pension (kosei nenkin)?
No, not going to work.

Liquidate it when you are able to and invest it in iDeCo or NISA if you plan to stay here?

Re: Is it possible to transfer private UK pension to Japan?

Posted: Thu Sep 12, 2024 12:53 am
by hoofishtick
Thanks @beanhead just wanted to make sure I hadn't missed something.