Articles added in November-2009

Qualifying Recognised Overseas Pension Schemes (QROPS) have created a whole new realm of compliance processes for financial advisers and QROPS advisers who advise on and provide advice on pensions. Montfort International (Offshore QROPS parent company) are arguably the birthplace of QROPS having designed the very first overseas pension transfer procedure back in the 1990’s to Australia and New Zealand.

When supplying Qualifying Recognised Overseas Pension Scheme (QROPS) advice to anybody migrating to Australia, QROPS advisers need to take on board that the merits of whether to transfer a UK pension plan out of the UK to another country are in the balance.