QROPS in 2024 | Ross Naylor

Are QROPS Still Suitable in 2024?

As we move into 2024, the financial landscape continues to evolve. For expatriates or individuals with UK pension funds living abroad, the question of how to best manage these retirement savings remains a pressing one. Qualifying Recognised Overseas Pension Schemes (QROPS) have been a popular choice since their inception in 2006, but are they still a viable option in today’s financial climate? In this post, we will delve into the current state of QROPS and assess whether…

Evaluating Expat Pension Options – Should I Keep My QROPS?

As an expat, navigating pension options can be complex, particularly when it comes to understanding Qualifying Recognised Overseas Pension Schemes (QROPS). If you already have a QROPS, it is crucial to stay informed about the latest developments and alternatives. What Is A QROPS? A QROPS is an overseas pension scheme where UK pension plans can be transferred. They have been a common option for expats in recent years but in many cases using a QROPS has…