Qualified Recognised Overseas Pension Schemes (QROPS) are HMRC approved UK pensions based abroad. They are available to those who hold UK registered pensions but no longer reside in the United Kingdom, irrespective of their nationality.
Why transfer your pensions abroad?
What is the process for transferring your pension(s)?
The first stage is to gather all your pension documents together. Then the process depends upon whether the pensions you hold are defined contribution (money purchase) plans, defined benefit (final salary) plans, or a combination of the two.
Here at Liberty Wealth we are proud to announce our latest downloadable guide – the QROPS Transfer Process Guide. In this, you will be taken through, step by step, each stage of the process of transferring UK based pensions into a QROPS. By being fully informed you can feel confident on how it works – including timeframes, what is needed from you and what will be provided by us.