Advice on QROPS
To find the best QROPS advice, your first course of action should be to speak to an Independent Financial Adviser. Your QROPS adviser must be regulated by the Financial Services Authority as this will mean that they have met stringent requirements in both their qualifications and competence.
By interviewing you and compiling all the relevant information on your financial position, preferences and objectives, a QROPS adviser will then be able to go and compare this data against all the different schemes and jurisdictions running QROPS pensions to discover the best possible solution for you.
As there are multiple companies and advisers that operate from outside the UK, be wary of any QROPS advisers that have no direct connection with the UK. While these are overseas pensions schemes they are subject to UK laws and so it is imperative that advisers know and fully understand the tax and financial obligations of both countries.
Asking your current pension provider is another way to gain QROPS advice, although as it is not potentially within their interest to see your pension moved outside the country and away from them, take this into account when basing any decision on this information.
Visit our dedicated page on Qrops FAQ's for further information
For further information on QROPS transfers and for a qualified QROPS adviser to contact you, simply fill in your details in the contact a QROPS adviser page to receive free QROPS advice.
