Search found 2 matches

by PensionsMatter
Mon Apr 22, 2013 12:33 pm
Forum: Legal, Visa, Finances & Employment
Topic: UK Pensions - QROPS schemes
Replies: 34
Views: 2964

QROPS - Is it right for me?

The advantages provided by transferring to a QROPS pension represent for many Expats the Holy Grail. Ordinarily, as long as you are aged 55 or above and have lived overseas for a minimum of 5 years, the Pension Commencement Lump Sum (Tax-free cash) can be greater than normally taken from a UK scheme...
by PensionsMatter
Mon Apr 22, 2013 12:12 pm
Forum: Legal, Visa, Finances & Employment
Topic: UK Pensions - QROPS schemes
Replies: 34
Views: 2964

Re: UK Pensions - QROPS schemes

Private sector Final Salary Schemes have been closing their doors to new entrants for some years, and clearly that pace has accelerated. Final Salary Schemes place the full onus on the company to ensure that at retirement there is sufficient in the pension pot to provide the retired employee with hi...