What Is A QROPS Pension Transfer

QROPS

We are contacted by many people from around the world; who have lived and worked in the UK, asking what if anything can be done regarding their UK pensions that remain in the UK.

And how can they find a UK trained Independent Financial Adviser with the in depth knowledge that they are looking for.

Fortunately with regard to the following UK pensions we can help:

  • Employee Final Salary Schemes (Salary based Pensions)
  • Occupational Pension Schemes (Money Purchase)
  • Personal Pension Plans (PPPs)
  • Self Invested Personal Pensions (SIPPS)
  • Small Self Administered Schemes (SASS)
  • Section 32 Pension Plans

If you have a former UK pension, and are now living and / or outside of the UK then there is a lot that can be done with your UK pension by;

Transferring Your UK Pension to a QROPS

Including the following:

  • Increasing the Commencement Lump sum (Tax FREE Cash) that you can receive.
  • Reducing the income tax payable on your pension.
  • Increasing your pension.
  • Reducing the death tax (55% to HMRC) on your pension.
  • Removing any IHT liability on your pension.

The transfers of UK pensions is fully supported and agreed by HMRC.

We help people with UK pensions to compare the UK Pension Transfer Market so that they can make an informed choice of what is available and what their options are.

Understanding the benefits of QROPS

A Qualifying Recognised Overseas Pension Scheme is an overseas pension scheme that has met the requirements of the HMRC, which can receive the transfer of UK Pension Benefits without penalties for unauthorised payments. QROPS were introduced in April 2006 in order to simplify pensions and allow UK Pension Holders to access their funds in their country of residence, and pay local taxes.

A QROPS will broadly mirror the way a UK Pension Scheme works, meaning you should receive a lump sum and pension when you retire.

Established UK Pensions specialists within the worldwide UK Pensions advisory environment; considered the go to advisory worldwide for UK Pension Transfers to Qualifying Recognised Overseas Pension Schemes QROPS wherever you are in the world.

Our highly experienced UK advisers will review your UK Pensions and if appropriate, will work with you to transfer them into a Qualifying Recognised Overseas Pension Scheme (QROPS).

We advise, service, and arrange QROPS UK Pensions and SIPP UK Pensions for clients from all over the world for example we have clients in Australia with the main enquires coming from Adelaide, Brisbane, Canberra, Darwin, Gold Coast, Melbourne, Newcastle, Perth, Queensland, Sydney, and Victoria, New Zealand NZ mainly living in Auckland, Christchurch and Wellington, United Arab Emirates UAE, Dubai, Bahrain, Spain, Italy, Greece, Portugal, USA, Canada, South Africa from Johannesburg and Cape Town, Brazil, Mexico, New Delhi India, Islamabad Pakistan, France, Monaco, Germany, Switzerland, Yemen, Saudi Arabia, Panama, Costa Rica, and all of Asia; Hong Kong, Macau, Belize, Jakarta Indonesia, Tokyo Japan, Singapore, Taipei Taiwan, Kuala Lumpur Malaysia, Mongolia, Myanmar, Pattaya Bangkok Thailand, Manila Philippines, Hanoi and Ho Chi Minh Vietnam, including Beijing, Shanghai and all of China.

So no matter where you are in the world we can help and advise you; and should a QROPS pension transfer be the right course of action for you we can make all of the arrangements for you.

We have been at the forefront of the development of QROPS worldwide since their inception; and we retain strong links with the most respected QROPS providers worldwide. We are the most experienced independent advisory company in the QROPS worldwide market place. Advising not only private clients, but also private bankers at some of the largest institutions such as UBS, HSBC, and Credit Suisse.

Our free review and QROPS Guide will answer the following questions 

  • How can I avoid the 55% death charge on my UK Pension?
  • What other taxes can I save?
  • How can I pass 100% onto my loved ones?
  • Can I take investment control of my pension funds?
  • What types of pensions can I transfer?
  • How will the 2014 Lifetime Allowance reduction affect me?
  • How will the future government policy pension changes affect me?

As part of the free UK Pension review that we offer, we will take into account the following:

  • How much you need to retire?
  • Should I give up the benefits on my final salary scheme?
  • What currency should I hold my pensions in?
  • How can I keep my costs to a minimum?
  • What are the costs of transferring my pension?
  • What taxes will I have to pay?
  • What is my risk profile?
  • What fund managers give the best pension returns?

Request a free review and QROPS guide below to understand how you could benefit from your pensions transferring to a QROPS.

What happens next?

Should you wish to find out more about these benefits to you, then please contact us below. We will be please to help you further including forwarding to you our QROPS Pension Transfer FREE Guide.

One of our UK advisers will then contact you to discuss your objectives, they will then analyse your pensions and help you come to a decision on whether QROPS is correct for you.

QROPS Pension Transfer FREE Guide; always seek out Independent Financial Advice before making any financial decisions “To Avoid Making Costly Mistakes”

Get your FREE QROPS GUIDE

If you would you like to ask us a question or receive further information including your FREE QROPS GUIDE. Then please provide your details; and we will be please to help you.

Download Your FREE QROPS Guide Here

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Your Telephone Number including the country code - preferably mobile (required)

We will never share, sell or pass on your details to anyone else.

Thank you. We will be please to forward to you FREE QROPS GUIDE, in the meantime please do not hesitate to contact us on +852 5307 3732 or ask us further questions by email using our contact form.

 Would you like to ask us a question or receive further information. Then please email us on our contact form, we will be pleased to answer any questions you may have.

This web page was written in 2015. For the latest information please download the latest FREE Expat British UK Pension Transfers QROPS GUIDE; QROPS information explained.

Contact Us First – +852 5307 3732

Contact Form

British UK Pension Schemes Transfers Overseas Wherever You Are In The World

“With over 20 years of experience as International Independent Financial Advisers; we provide specialist advice, together with extensive international experience. Providing our clients with the experience and expertise that they are looking for” – Why Don’t you Give us a try!

Transferring your UK Pension, UK Pension Advisers, providing UK Pension Advice, for discerning people wherever you are in the world

We are here to answer your questions, and explore your options together. British Advisors, British Advice, for discerning people wherever you are in the world

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