QROPS from STM Fidecs
Qualifying Recognised Overseas Pension Schemes
The STM Fidecs' QROPS, or Qualifying Recognised Overseas Pension Schemes, team provide their expertise to clients who are planning to, or currently, live overseas and are seeking the most tax efficient way to maximise their private pensions.
We offer QROPS schemes in Gibraltar and Guernsey, with Malta, Luxembourg and Switzerland soon to follow, so if you wish to maximise your retirement benefits, STM Fidecs will help you to find the best solution available.
We can also provide independent information on QNUPS (Qualifying Non-UK Pension Schemes).
What is a QROPS?
A Qualifying Recognised Overseas Pension Scheme, or QROPS, is an overseas pension scheme into which your UK pension rights can be transferred.
Since 2006, people with UK pensions who are, or will become, non-resident in the UK for tax purposes can move their pension benefits out of the UK to a QROPS.
A QROPS can provide many tax and inheritance benefits including:
- Pay less tax on your pension income
- Changes to the Inheritance Tax Act 1984 gives QROPS freedom from UK IHT
- Increased control over where your pension fund is invested
- Simplicity, multiple pensions can be consolidated into one QROPS
Why an STM Fidecs QROPS?
Because we offer QROPS schemes in Gibraltar and Guernsey, with Malta, Luxembourg and Switzerland soon to follow, we can find our clients the jurisdiction that best suits their own particular requirements.
As an independent multi-jurisdictional administrator and Trustee, STM Fidecs offers a unique and compelling choice for anyone thinking about retiring abroad.
STM Fidecs Pension Trustees Limited is regulated by the Gibraltar Financial Services Commission - License Number: FSC00845B
STM Fidecs Life, Health & Pensions Limited is regulated by the Gibraltar Financial Services Commission - License Number: FSC00996B
