Those nice guys at Tailor Made Pensions have written an excellent sequence of articles, that definitively detail the facts and myths around the advantages – or not – of QROPS (Qualifying Recognised Overseas Pension Schemes).
Obviously there is a massive amount of marketing being thrust at expatriates globally, from both QROPS companies offering these schemes and financial advisers, particularly through their websites.
“10 Reasons to use a QROPS” is a marketing line used by many within the industry, but the authors here have tackled each of these reasons and examined them in detail to determine, just what are the facts and the myths behind such claims on behalf of QROPS?
Here for your convenience is the entire sequence of 10 articles, all together.
1. Higher tax free lump sum
http://www.tailormadepensions.eu/10-reasons-use-qrops-facts-myths/
2. 45% UK pension tax
http://www.tailormadepensions.eu/45-uk-pension/
3. Frozen pension plan options
http://www.tailormadepensions.eu/10-reasons-qrops-frozen-pension-plan/
4. Take control of your pension
http://www.tailormadepensions.eu/control-uk-pension/
5. UK pension deficits – your pension is at risk
http://www.tailormadepensions.eu/qrops-uk-pension-deficits/
6. Consolidate your UK pensions
http://www.tailormadepensions.eu/consolidate-your-uk-pensions/
7. QROPS increased flexibility
http://www.tailormadepensions.eu/10-reasons-qrops-qrops-increased-flexibility/
8. Leaving UK pension legislation behind
http://www.tailormadepensions.eu/leaving-uk-pension-legislation-behind/
9. QROPS do not force you to buy an annuity
http://www.tailormadepensions.eu/10-reasons-qrops-facts-qrops-annuity/
10. Increased investment flexibility
http://www.tailormadepensions.eu/10-reasons-qrops-increased-investment-flexibility/
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