Qualifying Recognised Overseas Pension Scheme
We are pleased to announce that we are now able to enhance our holistic approach to financial planning, by providing a service that specialises in advising anyone who has accrued UK pensions, on the benefits of transferring their UK pension funds to an overseas scheme.
Any overseas scheme recommended would have to be approved as a QROPS (Qualifying Recognized Overseas Pension Scheme) by Her Majesty’s Revenue and Customs (HMRC) as a QROPS.
Amongst the main benefits of QROPS is the possibility of tax free income, no requirement to purchase an annuity, greater than 25% of the funds value can be paid as a tax free cash lump sum, greater death benefits are available for beneficiaries and all funds held in a QROPS are not subject to UK inheritance tax (IHT).
The advisers at Global QROPS have many years of experience in recommending the right overseas scheme for an individual’s circumstances.
Please call us on 0870 837 57 24 for further details and to see how we can help you.
Forces Financial is a trading name of Stuart Harvey Insurance Brokers Limited who is authorised and regulated by the Financial Services Authority. Registration Number 301858. Registered Office: Globe House, 24 Turret Lane, Ipswich, Suffolk, IP4 1DL. Registered in England & Wales, Registration Number 4224318.
This can be checked on the FSA register: http://www.fsa.gov.uk/register