Up until fairly recently, the options for those living overseas with UK Pension Funds in excess of the State Scheme, were extremely limited.There was no regulated and approved arrangement that allowed for the transfer of Funds to an overseas scheme recognised by Her Majesty's Revenue and Customs (HMRC). This meant that monies were trapped in existing schemes and bound by their rules, or transferrable only to other UK arrangements. The result was an inflexible, unfriendly tax environment for what are an important part of most peoples' finances. In the majority of cases now however, there are significant advantages for those who qualify for the QROPS system.
From offices in Bangkok Thailand, together with our appointed Pension Trustee company, QROPS PENSION CENTRE deals exclusively with the tracking and assessment of UK Pension Funds, for the purpose of establishing the merits or otherwise of this important option. Our Senior Partners visit clients all over the region and travel throughout Thailand and SE Asia on a regular basis.