Just thought I would do a post on this as I have had quite a few enquiries recently from new(ish) arrivals regarding transferring their UK Final Salary Pensions.
Many believe that they need to do this to ensure the Pension is transferred across within 6 months to avoid the taxes imposed if it is transferred outside of that time.
Yes it is the case that there is a 6 month window to transfer tax free, however if it is done outside of that time it is only the growth that is liable to tax and not the whole fund. Also this tax can usually be mitigated so it is generally not that onerous.
I would suggest that anyone with a Final Salary scheme considers waiting until they have had a feel for Australia and it is their intention on staying before they look at transferring.
There are some fantastic reasons for having Pension/Superannuation money in Australia as opposed to the UK but transfers should be done for these reasons not purely in case of tax outside the 6 month window.