We can help you understand your QROPS choices, and enable you to determine whether a UK pension transfer may provide you with a better income in your retirement abroad…
It’s a fact that increasing numbers of Britons are choosing to retire abroad, and since the introduction of QROPS in 2006, many Britons have the opportunity to free up their UK pension from the restrictions of the British taxation and pension systems.
However, with this uniquely beneficial pension transfer opportunity comes the burden of understanding whether a QROPS is the right choice for you personally.
Many factors come into play when assessing whether an individual is best advised to transfer their pension or not, which is why it is critical that you receive qualified advice before making any decision or taking any action.
As Britons living abroad who have already been through the battle to find best advice about our personal pension options, we are acutely aware of how difficult it can be to get answers to some of the most common questions, such as: -
- Do I have to pay UK tax on my pension when I receive it?
- Will the British taxman grab any unspent pension when I die?
- Do I have to buy an annuity with my pension now that I live abroad?
- If I transfer my pension to a QROPS, which is the best jurisdiction?
- Which financial services provider has the best QROPS for me?
This is precisely why we worked together to establish QROPS Choices. You can read more About Us and more About QROPS elsewhere on this website, but here’s how our service works, and how we can help you…
The Service We Offer You
If you’re a British expatriate who’s already living abroad, who has over £50,000 invested in a UK based private or occupational pension, and who wants to know more about their personal QROPS and pension transfer options we can help you.
At QROPS Choices we provide every single reader who contacts us with a free and comprehensive pension analysis report. This report is produced by one of our handpicked, qualified, regulated, experienced, recommended and independent financial advisers, and it is individually tailored to your own personal circumstances.
This analysis report examines your current pension position and your transfer options; and if a transfer path is deemed applicable and advisable, your QROPS options are also explored in depth.
With your free and comprehensive report you will be able to see whether you will be better off transferring your pension to a QROPS.
Your analysis will be written in plain English and it will endeavour to answer all the questions you may have, such as: -
- What benefits could I enjoy if I move my British pension abroad now that I’m living overseas?
- Will I be able to save tax by transferring my pension?
- Is a pension transfer right for me?
- What are the risks of transferring to a QROPS?
- What are the costs associated with transferring my pension abroad?
- How much inheritance tax could I potentially save by transferring my pension?
- How can I pass unspent pension to my beneficiaries upon death with a QROPS?
- How can I avoid having to buy an annuity with a QROPS?
- Can I take my pension income in a currency of my choice and avoid exchange rate and transfer costs?
- Can I transfer SIPPs, final salary schemes and occupational pensions?
What’s more, if a QROPS transfer is not the right decision for you based on your personal circumstances, your analysis report will make this fact clear, and potentially save you from making a grave financial error.
How Your Free Analysis Report Informs and Enables Your Choices
By taking the short amount of time required to speak to one of our handpicked financial advisers, so that they can glean essential information about your current pension position and retirement ambitions in confidence, you will enable them to take the information and draw up your tailor made report.
This report will lay out your projected returns currently, and compare them directly with your pension transfer and QROPS options and future potential benefits.
With the information you receive written in plain English, and written to answer any specific questions you may have about QROPS and transferring a pension abroad, you will be armed with all the facts, figures, data and analysis required to enable you to make the right choice about whether transferring your pension is the best approach or not.
Your personal adviser will remain on hand to answer any additional questions you may have, and to directly assist you should you decide that you would like to go ahead and move your pension to a QROPS.
A QROPS is not the right choice for everyone, and not all QROPS offer the same benefits to each individual. Whilst the benefits available from these qualifying recognised overseas pension schemes can be broad and high returning, you need to ensure that you make the right choices – and to do that you need the right advice.
How To Get The Right Advice
To receive your personalised and free UK pension vs. QROPS analysis and comparison report, produced by a fully qualified pensions expert, complete the form on the left hand side. You can specify exactly how you would like to be contacted. You have nothing to lose and a potentially much wealthier and secure retirement to gain!