Frequently Asked Questions

About Harrison Brook

• What does Harrison Brook do?
• Why should I consolidate my investments with Harrison Brook?
• Is there an exit fee to leave Harrison Brook?
• How much does it cost to use Harrison Brook and how does this compare to other financial advice firms?

Harrison Brook Security & Protection

• What can I do to protect myself against investment & UK pension scams?
• How do you protect my personal information?

Pensions

• Why is UK Defined Benefit pension transfer advice so expensive?
• How are income payments taxed?
• How much does a Pension Transfer cost?
• Can I take 25% tax free lump sum from age 55?
• Can I withdraw the full amount in one go?
• Can I take my pension as income?
• Can I transfer in a final salary scheme?
• Do I have to take the whole 25% in one go?

Locating & Transferring Pensions

• Will I need to sign anything to locate my UK pension?
• How long does it take to locate and transfer my UK pension?
• How do you locate and transfer my UK pension?

International SIPP

• Can I have a SIPP if I live abroad?
• What are the disadvantages of an International SIPP?
• What are the key benefits of an International SIPP?

QROPS

• Who can transfer to a QROPS?
• Why is a Pension Sharing Order (PSO) for a QROPS complicated?
• What are QROPS Exit Penalties?
• Why is my QROPS expensive?

Novia Global (Platform & SIPP)

USA

• As an American Expat, why is my IRA being closed?
• Are US IRA Distributions Taxable in France?
• Can I transfer my UK Pension to a 401K?