A Qualifying Recognised Overseas Pension Scheme (QROPS) is an offshore based scheme, recognised by HMRC (HM Revenue and Customs) as meeting standards and conditions equivalent to a UK pension. This approval allows anyone with a UK registered pension who is living outside the UK, or is intending to leave the UK, to transfer their pension offshore.
To qualify as a QROPS, a scheme must meet various prescribed conditions. These relate to the location in which the scheme is established, how it is regulated, and benefit options available.
In order to ascertain which QROPS scheme is most suitable for you, a full assessment is essential. If you would like to arrange for an analysis of your existing pension holdings please
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