When it comes to matters of wealth management, getting professional advice sooner rather than later is always prudent. This applies to any financial planning matter, but perhaps even more so when it comes to transferring your UK pension into a QROPS. QROPS can offer huge benefits to expats planning on living and working outside of the UK – but you need to make sure you get the right advice in time to act.
While there are plenty of information sources online, you still need to speak to a financial advisor who is familiar with the QROPS market and the country that you’re going to be resident in. Your ability to transfer your pension funds into a QROPS in order to gain from tax benefits may be limited if you don’t get the right wealth management advice as quickly as possible.
Read more about QROPS Advice
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