Your chance to breathe fresh life into your UK pension
If you are a British citizen or have worked in the UK, you now have a unique opportunity to increase your control over your UK pension plans.
Transferring your company and personal pensions from the UK to an approved QROPS frees you from British authorities’ restrictions, giving you greater fexibility over how you draw benefits and invest the capital. Instead of having to invest capital in an annuity, you can now choose alternative investment vehicles which pass on to your beneficiaries on your death. The amount of tax you pay on capital and income will be determined by the taxation laws of the country in which you are resident.
It is important that you receive the correct information on your financial planning from a reputable company. VFS, through its network of advisers chosen for their blend of international expertise and their understanding of local conditions, is able to provide advice on the QROPS solution that best meets your needs.