QROPS

By: PensionTransfers.co.uk  16/08/2012
Keywords: retirement financial services

QROPS Qualifying Recognised Overseas Pension Schemes Are you retired and living overseas or still living in Britain and considering taking the plunge in the near future? Here at Pension Transfers, we can provide you with all the planning you need to make your overseas retirement an easy and enjoyable experience, with simple, straightforward transfers to your Qualifying Recognised Overseas Pension Scheme (QROPS). If you’re not already familiar with QROPS schemes but wish to benefit from their many advantages, we can help you can work out whether you’re eligible for one today. If you’re a UK taxpayer and intend to permanently live in a country outside the UK, already live abroad or have been working overseas and would like to return home or to another country, you could be eligible for QROPS. They are the schemes of choice for thousands of people over the age of 50 and enable pension funds a wide range of currencies, markets and commodities which aren’t available to the everyday UK investor. However, to be able to reap the rewards of these tax effective and flexible investment options, you will be required to pass a series of pension rights and residency tests. Once you have a QROPS, PensionTransfers.co.uk can transfer funds from your existing pension agreement into a QROPS scheme approved by the HMRC quickly and simply. We can also provide you with a range of flexible investment strategies and in some cases, enable you to withdraw a larger lump sum, as well as a number of other advantages. You can transfer your pension into a QROPS at any time, provided your UK pension fund has not been used to purchase an annuity. Want to know more about our QROPS transfer options? Get in touch with Pension Transfers today and one of our friendly, skilled advisors will make sure that every aspect of the QROPS transfer process is explained in the greatest detail.

Keywords: retirement financial services