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Why should I be interested? 

• Tax efficiency: It is possible to receive income from your pension fund either tax free or at lower rates of tax subject to the laws in your country of residence. 
• Investment choice: There is no need to purchase an annuity. The fund can be placed in a much wider range of investments of the pension-holder’s choice.
• No inheritance tax: The pension fund is paid directly to the heirs of the pension-holder.
• Avoid or diminish exchange rate risks: The income from your pension can be taken in the currency of your choice.

Under UK legislation effective from April 2006, expatriates or UK residents who have either moved, or will move overseas for a minimum of five years, can transfer their existing UK pension offshore to an approved scheme. By doing this, it is possible to avoid many restrictions that would typically be imposed on their pension fund if it remained in the UK, and simultaneously achieve considerable tax savings when the pension is drawn down.

PensionsPlus provides specialist financial advice and can answer questions specific to your individual needs. We advise on a choice of HM Customs and Revenue Approved QROPS and SIPPS that best suit your personal financial requirements. These plans offer UK persons living abroad the opportunity to unlock the true potential of their pension.
Making the right choice of QROPS is vitally important. PensionsPlus advisers will help you look at how the benefits are paid from the scheme, the country or territory's tax position and the investment choices the scheme has to offer.
Contact us for a free, no obligation comprehensive pension review.