UK Pensions in France
Britons tend to wait until they retire in the UK before moving abroad and becoming expats in France with the general expectation of not having to worry about earning a living and relying instead on their UK pension plan to provide a regular income.
If this is indeed the case and you have contributed to a pension scheme during your working life then you will want to get the most from it that can be taken. If you have already moved to France or are planning to do so, you should seriously consider your pension transfer options and in particular transferring your UK pension into a QROPS pension scheme as there are a multitude of benefits to be gained by doing so.
It is estimated that there are currently around 200,000 British expatriates living in France with no doubt a substantial number receiving their UK pension benefit payments in sterling. Due to the first time in years of expats in France being exposed to such massive currency swings, their non Euro funded pensions are just not performing adequately enough for a comfortable retirement and some are really feeling the pinch right now.
This is why the opportunity to transfer your UK pension into a QROPS while residing in France could not have come at a better time as the benefits (available to expats in France or pensioners planning on moving abroad) really are something that could help in making your pension provide much better for you and in turn allow you to enjoy a comfortable retirement in France.
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.
