Many company Pensions now have this clause, contact ExPAS today.
Simply knowing what you face going into retirement, and after, can change your life!
Anyone who wishes to find out what the restrictions on their Pension are. We helpfully contact your Pension company and obtain all the information that is needed to advise you of your current situation. Then we simply tell you if there is any benefit in engaging with a financial advisor. We are providing a service normally provided by financial advisors except that you will be free to choose your advisor once you have all the details you need. This way you are not charged for the service.
‘QROPS’ – abbr. ‘Qualifying Recognised Overseas Pension Scheme’. In April 2006, it was announced that individuals with UK Pension rights who have, or will become, non-resident in the UK for tax purposes could move their pension benefits out of the UK to a Qualifying Recognised Overseas Pension Scheme – QROPS – it’s an international Pension designed for Expats. It is possible to achieve significant tax and investment advantages when compared with a UK Pension. HMRC publishes a list of QROPS. These schemes are highly regulated and must conform to the UK HMRC rules.
Yes, but not whilst it is controlled by the rules of the UK Pension company. Each case is individual and you will need to contact us.
Your Pension has restrictions on it of how much you can pass on to a spouse upon death. We have witnessed Pensions that provide half the Pension income to a spouse with extra conditions such as, ‘as long as they remain unmarried’ or ‘for only 5 years’ and even worse, but very commonly, ‘only if the pensioner dies before the age of 70’ leaving the spouse nothing. We must point out that these are UK Pension company rules and not the rules of the UK Government. Find out what the conditions of your Pension are and find out about your options FREE, before having to engage with a financial advisor. You can ensure that all of your Pension goes to your spouse/partner/family/charity or whomever you want it to. You can make a major difference to the people you leave behind.
We educate people to understand their current Pension limitations, and how to fix them.
Your company Pension scheme might not even exist when you’re due to retire. ExPAS can help you.
ExPAS are here to ensure you do not enter retirement with your head buried in the sand.
Find out about your Pension options and make contact with ExPAS today to speak to one of our team.