QROPS Pensions

QROPS Pensions Explained

Qualifying Recognised Overseas Pension Schemes (QROPS) are offshore pensions that can come with tax and financial advantages for expats. QROPS are pensions that are ‘qualifying’ because the overseas providers report to HM Revenue & Customs (HMRC) when retirement savers take …

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More QROPS Enter the Market

Despite the Government making a widely predicted U-turn on their decision to extend the UK pension freedoms to include expats with a QROPS in place, the industry still continues to grow. Expatriates are still finding huge value in taking their …

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US QROPS Questions

A quick glance at a couple of expat forums in the US which proclaim some kind of expertise on QROPS transfers for those residing there makes for disturbing reading. If you are in a position where you think a QROPS …

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Easy Access Pension Rules To Cover QROPS

Easy access rules will be extended to Qualifying Recognised Overseas Pension Scheme (QROPS), according to HM Revenue & Customs (HMRC). From April 15, 2015, the new measures that allow retirement savers to take their cash to spend how they like …

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qrops

QROPS Set for Tax Reductions

QROPS providers are predicting tax reductions on withdrawals from their schemes in line with the current legislation amendments in the treatment of UK-based schemes. HMRC are currently in consultation on QROPS tax status, and based on the Government’s previous “Freedom …

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