QROPS

Qualifying Overseas Pension Schemes.

What is a QROPS?

QROPS stands for Qualifying Overseas Pension Schemes.

They are overseas pension arrangements that must comply with HMRC's strict rules into which UK pension assets can be transferred when people move abroad. They are set up by companies or jurisdictions.

There is no legal obligation for people to move their pensions out of the UK when they leave the country, but in some circumstances it can be beneficial. 

To find out who is cream of the QROPS, please contact us.