How to know if you are eligible for QROPS SMSF?
A Qualifying Recognised Overseas Pension Scheme (QROPS) is an overseas pension scheme that certain UK pension members can transfer their UK pensions into. You can use a QROPS to transfer your pension to a limited number of overseas locations so this is an option that you need to take advice on, if you are thinking about emigration. Being a qualified scheme means it meets the specific and tight requirements set by Her Majesty’s Revenue and Customs (HMRC), and it is recognised as being eligible to receive transfers from registered UK pension funds.Read more
How much do I need to transfer into QROPS SMSF?
Considering a QROPS SMSF?
If you are considering putting your money into a Qualifying Recognised Overseas Pension Scheme (QROPS) such as a Self-Managed Super Fund (SMSF), it is important to understand how much to transfer to gain the most benefit. This article examines what a QROPS SMSF is, what the benefits of such a scheme are, and how much you should be transferring.Read more