QROPS Benefits

If you have a UK pension and now either reside outside of the UK or plan to, you can transfer your pension into a QROPS, short for Qualifying Recognised Overseas Pension Schemes – and access the following benefits.

 

QROPS offer some significant advantages no other type of pension scheme can. Here are some of the benefits:

  • 30% Lump Sum Available
  • Flexible income drawdown rules
  • No obligation to ever buy an annuity
  • Avoid the UK’s 55% death tax
  • Consolidate pensions into one easy to manage fund
  • Greater investment flexibility
  • Currency of your choice
  • Retirement age of 50

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