QROPS Australia | |
Title: | QROPS Australia |
URL: | http://www.qropsspecialists.com/ |
Description: | For British expats or Brits who are looking to retire abroad, you can do something about it before the new pension rules kick in. You can transfer your pension offshore to a Qualifying Recognized Overseas Pension Scheme (QROPS) in a secure jurisdiction such as Gibraltar or Malta and take a 30% lump sum (as long as you have been living outside the UK for five years). This means getting a lump sum of £120,000 instead of the measly £36,000 under new proposed rules. Furthermore, they can take 50% of any increase in their pension pot after transfer every 3 years. |