QROPS Benefits

  1. Why transfer a UK pension to a QROPS?

    • No need to take an annuity or pay a UK tax charge upon death.
    • All unused pension funds can be left to your beneficiaries.
    • Much greater investment freedom.
    • Tax free lumpsum of up to 30%.
    • Access to global funds with higher returns.
    • Pension income is more tax efficient.
    • Take income and benefits in the currency of your choice.
    • Greater confidentiality.
    • Protection against possible future creditors (depending on jurisdiction)
  2. How would the transfer affect pension tax?

    This depends on what jurisdiction you choose for your QROPS. Certain countries have lower taxation rates than others. Speak to us or your advisor for a comparison of jurisdictions.