If you’re about to make a move abroad to start a new life as an expat, make sure that you get good wealth management advice as soon as possible. Some wealth management issues need to be taken care of as soon as possible as they may be time critical. If you have a preserved or frozen occupational pension scheme, it might be worth getting wealth management advice regarding QROPS (Qualifying Recognised Overseas Pension Schemes) as it may be an option worth considering.
Transferring your UK pension into a QROPS could offer some great advantages that will make your wealth management strategy more beneficial for you and your retirement plans. QROPS transfers are sometimes restricted by deadlines, so getting wealth management advice as soon as you have decided to look into a QROPS is absolutely vital. Your wealth management advisor will be able to help you understand the different rules of transferring your UK pension into QROPS and help you to assess whether your wealth management situation will be improved by making such a transfer. Read more about QROPS Advice
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