Transferring UK Pensions To A QROPS

 

 

 

A Qualifying Recognised Overseas Pension Scheme (QROPS) is a pension plan based overseas which meets the requirements set by HMRC. The benefits of transferring your pension fund into a QROPS includes greater flexibility, tax efficiency, larger growth potential and investment freedom.

Pension rules are complex at the best of times, and frequent changes to pension rules don’t help matters. If you want to get reliable, independent advice on when and how to transfer your UK pensions to maximise their value then the team at Montfort can help.

If you need help with your pension scheme then it’s best to seek impartial advice from an experienced advisor who can help you to save money and maximise the value of your pension. Here at Montfort we can carry out a full analysis of your pensions, and if you’re planning to leave the UK then we will advise you as to how to restructure your pensions to ensure maximum value. There are many tax planning benefits to transferring your pension to a QROPS, and we will work with you to make sure you get the timing of any transfers right.

If you are moving from one country to another then financial planning is a must. Montfort can help you meet all your financial planning needs.