QROPS

Qualified Recognised Overseas Pension Scheme (QROPS)

What is a QROPS scheme?

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.

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