What is the point of a QROPS?
First, let’s deal with the acronym. QROPS stands for Qualifying Recognised Overseas Pension Scheme. They were introduced in 2006 as part of a huge reform in UK pension legislation. So …
Benefits of QROPS
QROPS (short for Qualifying Recognised Overseas Pension Schemes) can make a significant difference to an expat’s or international worker’s pension pot, and yet they are not as widespread as you …
£3 billion of dormant pension money waiting to be claimed
How much do you have in your pension pot? Could you name the figure down to the last £100? To the last £10 even? Then you are doing better than …
Read more£3 billion of dormant pension money waiting to be claimed
Expats need to protect their pension savings
Expat savers approaching retirement are in danger of losing some of their hard earned gains in UK pensions as providers switch their funds without asking. Pension providers – especially employer …
Don’t become a cropper when shopping for a QROPS
QROPS are considered the top-of-the-line offshore pension for British expats and international workers with UK pension rights. The trouble is many financial advisers try to sell qualifying recognised overseas pensions …