Qualifying Recognised Overseas Pension Schemes
Why wait until retirement age to take control of your pension?
A QROPS pension scheme is an excellent option for people who are living or planning to reside overseas but having a UK private pension.
QROPS benefit from offering excellent flexibility and significant taxation and investment advantages allowing UK private pension holders to get more out their pension.
Don’t wait until it is too late, act now and enjoy the benefits that a Qualifying Recognised Overseas Pension Scheme can offer you.
What is a QROPS?
A QROPS is a Qualifying Recognized Overseas Pension Scheme. Simply put, It is an overseas pension scheme into which UK pension rights can be transferred. As an example, if you are already UK non resident, then your UK private pension could be transferred via a Qualifying Recognised Overseas Pension Scheme.
A QROPS scheme can be highly advantageous, benefiting from excellent flexibility and offering significant taxation and investment advantageous. An overseas pension provides many UK private pension holders with the opportunity to get more out their private pension.
Why choose a QROPS from STM Group
STM Group is an independent firm listed on the London Stock Exchange. We employ over 150 multidisciplinary people with offices in Gibraltar, Jersey, Malta and Spain. Our size and range of services ensures we can offer a range of innovative products whilst providing our clients with a high level of service and confidentiality they they deserve.
With the recent opening of our Malta office we are now able to offer Malta QROPS. A scheme held in Malta can be highly advantageous, benefiting from excellent flexibility and strict regulation, all in an English-speaking environment.
As an independent multi-jurisdictional administrator and Trustee offering a wide range of HMRC approved QROPS, you can be confident that we have the right Overseas Pension scheme for your needs. As such, STM Group offer a unique and compelling choice for anybody thinking about retiring abroad.