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slash_icon2 QROPS Pension Advice for UK Pension Transfers

Because it's what you have, after you have it all, that counts.

QROPS Transfer & UK Pension Investment

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Are you a UK expat – or about to become an expat – planning to leave the UK and live, or retire, abroad?

Are you returning to your home country after working in the UK for a period of time, having contributed to a public or private UK pension?

Do you have enough in your UK pension fund to sustain the lifestyle you envision for your retirement years? Is your UK pension safe? Are you sure?

There are any number of compelling reasons to transfer your UK pension to a QROPS in an HMRC recognised jurisdiction outside of the UK which should be explored and properly understood.

The UK Government wasn’t expecting as many people to transfer their UK pensions out of the country and provided gave tax deductions at the time of contribution. HMRC were expecting tax receipts upon pension drawdown and may well consider and review the tax implications in light of the increasing number of transfers to QROPS. With Brexit approaching, now is the time to consider protecting your retirement income and transferring your UK pension to a QROPS.

Our advisers at Carrick are experts in this field and stay abreast of the constantly changing UK pension environment and legislation.

What Is a QROPS?

A QROPS is a Qualifying Recognised Overseas Pension Scheme. The UK adopted an EU initiative whereby people moving to another country could take their UK pensions with them by transferring them into a QROPS.

QROPS Transfer Process

Transferring your UK pension to a QROPS is straightforward, provided you have the support of experts who specialise in offshore financial services. Carrick will take care of the full process on your behalf. 

QROPS FAQs

All you need to know about transferring your UK pension to a QROPS. 

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Because it's what you have, after you have it all, that counts.