Qrops Advice for UK Pension Holders
QROPS Advice shows UK pension holders who have or who plan to retire overseas how to get the most out of their pensions. We are totally independent QROPS specialists and as such are able to choose from all of the main QROPS providers from the international QROPS market giving you the best QROPS advice to plan your future.
To find out how you could benefit from QROPS please contact us, we are here to help. We provide objective, accurate information about Qualifying Recognised Overseas Pension Schemes (QROPS).
QROPS the benefits…
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QROPS Pensions pay no or reduced income tax QROPS Advice shows you how.UK pensions are paid after the deduction of income tax. By comparison payments from QROPS pensions are often made without income tax being deducted. You would only pay the tax, if any, in the country where you reside. QROPS Rules allow more for your loved ones.QROPS rules state that there is no income tax charge when a lump sum is passed on to the member’s dependants upon death. In the UK a 55% income tax charge is payable on the amount left to beneficiaries. |
QROPS Advice shows how to reduce exchange rate risk and save currency conversion costs.
If you plan to retire abroad your living expenses will be in a currency other than Sterling. With a QROPS, clients can invest in assets denominated in most currencies and receive income in their local currency. This helps to eliminate currency conversion costs and exchange rate risk and with QROPS Advice we guide you every step of the way.
QROPS Advice for Superior investment choice
| UK pensions are very restrictive in terms of where your pension pot is invested. You may only be able to choose from the one fund management company offered by your pension provider, which may not have a great track record in the area that you want to invest. Also UK pensions tend to offer investment solutions that are more suitable for UK residents and hence based in Sterling. | QROPS advice can help you access a vast choice of investments. This can be very useful for clients who want their pension pot to invest in assets that better reflect the currency and inflation issues that relate to where they live. There are several other additional benefits e.g being able to invest in “best of breed funds” that have a record of providing better returns for less risk & QROPS Advice shows you how. |
QROPS transfer to consolidate and simplify your pension
You may have more than one pension. Regardless of how many pensions you have a QROPS transfer will result in all of your pension pots being consolidated in one QROPS so that they can all benefit from the advantages of QROPS. You wont have to keep track of several pension funds and income payments.
Flexibility
If you move back to the UK you can switch your QROPS back to a UK registered pension.
No reporting requirements to HMRC after five years
Reporting to HMRC is not required after the pension holder has been non UK resident for 5 complete consecutive tax years.
QROPS Advice will only recommend a QROPS scheme from a recognised HMRC provider here is the QROPS Advice HMRC list of approved providers.
“Free No Obligation Consultations”
We recommend that any person considering a UK pension transfer overseas should seek QROPS Advice from a QROPS transfer specialist.
We provide free no obligation consultations which give people the chance to find out what their pension transfer options are, what will be the benefits to them and or simply if QROPS are right for them.
To get immediate answers to your questions contact us at QROPS Advice and speak to the UK QROPS Pension transfer experts today.
Contact Us TodayCall: +44 207 0606 255 email: info@qrops-advice.com |
The UK government passed QROPS legislation back in April 2006 because it believed that it was in the best interest of UK pension holders who have retired or who intend to retire abroad with right QROPS Advice we can help you get the most from this legislation…
