WELCOME TO OFFSHORE QROPS

Offshore QROPS provide specialist Qualifying Recognised Overseas Pension Schemes advice to anyone who has accrued UK pension benefits and is interested in transferring their pension fund overseas when retiring abroad.

Pension lump sum

QROPS based in countries where the pension regimes are lump sum based will be of particular interest to individuals wishing to access their pension benefits. It is possible to transfer to a QROPS where there is no requirement to purchase an annuity at retirement. Care needs to be taken that any lump sum payments do not breach QROPS legislation.

On death the whole value of the fund can be passed onto your spouse or other beneficiaries as a lump sum, so your pension does not die with you.

Overseas Pensions

We can provide advice on whether to transfer your benefits into an overseas pension in your new country of residence, or whether you should consider a pension in another jurisdiction that offers a more favourable tax regime.

If you are working overseas and wish to make provision for your retirement we can advise you on overseas pensions. In addition, we offer International tax planning services to individuals moving to and from the UK.

International Pension

Retirement Pension planning for individuals who spend time working overseas can be a complex area. An international pension plan can be a very tax efficient way of saving for retirement, and can provide greater flexibility over UK based pension, both in terms of investment choice and payment of benefits.

To find out if QROPS are suitable for you, please contact us for a FREE report, tailored to your personal circumstances. Click here for the developments and QROPS news.