Over recent years QROPS have been seen as an attractive pension alternative for expats who have previously lived and worked in the UK and have UK-based pensions and assets. As QROPS have become better known and more established, more information regarding the benefits of QROPS for expats can be found online and through reputable financial advisors. This increase in the popularity of QROPS as a pension investment option seems to have been noticed by financial advisors across a number of jurisdictions, according to the findings of a recent poll by Skandia International.
The published results of last year’s poll by Skandia showed that only three quarters of the advisors consulted thought that QROPS business would remain even or increase. In contrast, this year’s results point towards a definite up-turn in the popularity of QROPS. A massive 96% of advisors taking part in the poll believe that this coming year will see the number of expats taking up QROPS as alternative pension investments increase or stay at a similar level.
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