Are your the owner of a UK occupational pension and now living abroad? Chances are, you have heard of Qualifying Recognized Overseas Pension Scheme (QROPS). Introduced by the HMRC in April 2006, QROPS were created in order to simplify pensions and allow UK pension holders to access their funds in their country of residence, and pay local taxes.
UK pensions deficits continue to grow despite stock market ending 2016 on a high.The combined final salary pension deficit of the UK’s 350 largest listed companies more than trebled to reach £137bn in 2016,
Is it time to consider a pension transfer? What is the Brexit implication on your UK pension?
Transferring out a pension into a QROPS allows you to take control of how your pension is invested. Statistics prove that active management of your pension produce superior yields. We believe working together enables clients to grow and protect one of their largest and most important assets.
Be prepared for retirement
Protect what you have built
Reduce any Shortfalls
Diversify your investments
Talk to a specialist