How we will help
When thinking about your pension fund, the impact that foreign exchange can have on its value isn’t something that comes up very often. However, if you elect to retire abroad, the payments from your pension can be hit by poor exchange rates, bank charges, or other overheads when the money travels from one currency and country to another. These charges might seem negligible on initial payment, but they will soon add up as repeated transactions are made and put a significant dent in the value of your pension.
Through our autopay service, you can set up a recurring payment at a fixed exchange rate, providing the certainty you need to effectively manage your finances and ensure more of your pension ends up in your pocket when transferring it to a foreign currency.