...applicants need to be able to attend a PMA with a UK doctor. QUOTE]
This makes no sense - if you had said a medical- fair enough
It would be a poor strategy however, as you would introduce currency risk into your pension income.
That's your opinion which I do not share - if you have any evidence to support your view, happy to discuss. From my initial research, UK annuities seem to be 25% plus less expensive.
Perhaps making retirement planning decisions is not a good time to be trying DIY investing?
Are we being a little superior here now?
Marc - my question was the legal position - I take it that you don't know the legal position?