Tax treatment of benefits rolled over to another complying super fund
If you rollover part or all of your account balance to another complying super fund, we will not be required to withhold any tax in respect of that payment. If your account includes a UK transfer amount, we may be required to report a rollover amount to HMRC in order to meet our QROPS obligations. Some payments may result in a UK tax liability direct to you. The regulation of UK transfer amounts can be complex and we recommend you consult with your adviser. Refer to the UK Pension transfers section for further details.
Part A of the Avenue Retirement Service PDS