When making wealth management and financial planning decisions, it can sometimes feel like you are fighting to keep ahead of the game. Since the introduction of QROPS or Qualifying Recognised Overseas Pension Schemes in 2006, more and more expats are transferring their UK pensions into QROPS to take advantage of the enhanced tax benefits that a QROPS can offer.
Because there are constant revisions being made to pension and tax legislation, the only way to be sure that you have the latest information on QROPS or any other wealth management matter is to seek professional advice from a qualified wealth management advisor. There is absolutely no substitute for proper wealth management advice, so if you are considering transferring your UK pension into QROPS it is highly recommended that you speak to a wealth management adviser in the first instance. This will ensure that you have all of the latest information regarding any reforms or rule changes that may affect your QROPS or pension. Read more about QROPS advice
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