If you have a pension in UK or Ireland, and now either reside in another country, or plan to, you can transfer your pension into a QROPS, short for Qualifying Recognised Overseas Pension Schemes – and access a host of benefits.
QROPS offer some significant advantages no other type of pension scheme can.
30% Lump Sum Available
Flexible income drawdown rules
No obligation to ever buy an annuity
Avoid high tax on pension income
Consolidate pensions into one easy to manage fund
Greater investment flexibility
Currency of your choice
Retirement age of 50
Avoid further changes to UK tax and pensions legislation
There are now over three thousand QROPS available, and a myriad of different pension structures on offer.
Finding the best solution for your needs can be frustrating & time consuming, which is where I can help:
Email: firstname.lastname@example.org for a FREE Pension Scheme Transfer Guide and an update on the safest tax efficient jurisdictions offering high yielding income.