qrops.docx

Apr 10th, 2015
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What is a QROPS?Qualified Recognized Overseas Pension Scheme or otherwise known as QROPS is an established pension scheme that has been set up outside of the UK. This pension scheme is regulated in the country where it has been established (in our case the US QROPS). A QROPS established in any country has a mandate to notify HMRC; the HM Revenue and Customs that it operates in line with the specific conditions which have been set by the UK legislation so as to receive any pension transfers from the UK. This also can only be done if the jurisdiction where the QROPS is established allows such a

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