Business
QROPS, an Overview.
It is over three years since QROPS (Qualifying Recognised Overseas Pension Schemes) were introduced although the benefits were not immediately apparent. It also took quite some time for providers to arrange their contracts and obtain HMRC approval.
Since then, the benefits of transferring to a QROPS have become very, very, clear and our view is that everyone who is living abroad and intends to keep living outside of the UK, should transfer their pensions.
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The one possible exception to this is in the area of “defined benefit” or “final salary” and superannuation schemes and even then there are more than reasonable arguments for transferring.[/twocol_one]
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If you are visiting this site because you live abroad and want to know what to do with your UK pension benefits, you really do need to contact us, because not to do so could put you at a distinct disadvantage.[/twocol_one_last]
