What Is A QROPS Scheme?

Sandy King
QROPS
Pension Scheme QROPS

What is a Qualifying Recognized Overseas Pension Scheme? It includes a pension scheme overseas which meets specific requirements established by HMRC, or Her Majesty’s Revenue & Customs. A QROPS may obtain transfers of Pension Benefits in the UK without having to incur an unauthorized payment, as well as scheme sanction fee. This program launched on… continue reading »