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HMRC updates QROPS list

Overseas pensions are complicated enough and HMRC has updated the Qualifying Recognised Overseas Pension Schemes (or QROPS for short)  list.
You can download it directly from  http://www.qropspension.net/overseas-pension where the full list of approved overseas pension schemes is listed in geographical format.

Surge in QROPS enquiries

The number of people looking for QROPS advice has increased by 40% since the mini budget earlier this week, according to pensions provider, pensionoptions.org.
Between April 6, 2006 and April 5, 2008, more than 7000 pensions with a collective fund value of £0.5 billion were transferred from a UK based pension scheme  into a QROPS. This [...]

QROPS company uncovers truth about misleading claims

Brooklands pensions has made public their concerns over ceratin QROPS providers.
QROPS are relatively new and relatively complicated; this has allowed product providers and salesmen to deliberately obscure the true facts or just to give false information because they don’t understand their product.
This article covers the frequently told lies, and uncovers the truth.
New Zealand & 100% [...]

QROPS company opens office in Prague.

QROPS provider, apensionloan.com have opened a new office in Prague that is dedicated to providing QROPS advice to expats and UK pension holders living abroad. QROPS stands for Qualifying Recognised Overseas Pension Scheme.
On the 6th of April 2006, HMRC introduced new legislation on transferring frozen pension funds from the UK to overseas QROPS solutions. This change means [...]