Qualified Recognised Overseas Pension Scheme (QROPS)
A QROPS allows you to transfer your retirement savings tax-free from a UK registered pension fund.
HMRC recognises these schemes, and they are regulated by the Financial Conduct Authority (FCA) in the UK. Once transferred, a QROPS is regulated by the governing body of the country where you reside.
A QROPS can offer tax benefits, as well as favourable currency transfers.