Financial Advisors Foresee Continued Growth of QROPS

Qualifying Recognised Overseas Pension Schemes, or QROPS, have been offered as an alternative wealth management pension solution for expats since 2006. Despite some initial teething problems with QROPS, wealth management advisors have this year predicted that the popularity of QROPS will increase, as more expats turn to them as an alternative to their UK pension.

As confidence grows in QROPS, more wealth management advisors are offering in-depth guides and information regarding the benefits that QROPS can present to expats. This growing accessibility of information helps wealth management professionals to substantiate to their clients just why a QROPS could be beneficial to their overall wealth management strategy. As more expats turn to QROPS to take advantage of the tax and investment benefits that they offer, the more wealth management companies are arming themselves with quality information and QROPS specialists to help their clients source the best QROPS for their circumstances.

Read more about the growth of QROPS