Alan Hall’s Finance Tips: Low Cost QROPS

A Qualified Recognised Overseas Pension Scheme is an excellent option for people with a UK private pension who are living, or planning to live, overseas.

Here’s why:

• Greater control – more say over where your pension fund is invested
• Tax efficient – no tax to pay when drawing down your pension
• Inheritance benefits – possibility of passing on your pension fund to your beneficiaries, free from UK Inheritance Tax
• Easy to manage – numerous pensions can be consolidated into one QROPS
• No annuity – you do not have to buy an annuity within a QROPS

Do you qualify?

• Have you ever worked in the UK?…Yes!
• Did you contribute to a private or occupational pension scheme while you were there?….Yes!
• Are you UK non-resident or do you intend to become non-resident?….Yes!
• Do you have an existing QROPS that you may wish to transfer….Yes!

PFM International is currently offering a reduction on all fees for the life of a QROPS invested with us…that could mean thousands in savings over 10 years not including the capital reinvestment which would actually double your savings over this time!

All our clients funds are held in trust by the QROPS provider in Guernsey, Carey Group, and invested via Friends Provident International in the Isle of Man offering the highest levels of investment protection and security.

Call +66 (0)8-1764-3048 or Email to ask Alan direct for free, no obligation QROPS advice

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