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Qualifying Recognised Overseas Pension Scheme
A QROPS is a pension scheme set up outside the UK. A QROPS allows anyone with a UK pension who now lives overseas as an expatriate, or is planning to leave, to transfer their existing pension provisions into a Qualifying Recognised Overseas Pension Scheme - or QROPS.
When planned correctly the financial benefits can be significant, ensuring improved investment growth, great flexibility and future financial security of your pension.
Global Pensions Group specialises in amongst other things, providing HMRC approved QROPS for UK pension scheme rollovers. So you can now tax effectively rollover your UK pension fund under certain conditions into your own fund located in Guernsey or Australia.
Some Frequently Asked Questions about QROPS
To assist you in assessing whether you are eligible to rollover your UK pension fund to a QROPS arrangement, we have provided some answers to frequently asked questions (FAQS) about the tax planning opportunities provided by QROPS.
Read More.
Please liaise with Craig van Wegen, Sales and Marketing Director if you are interested in a QROPS arrangement.
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