QROPS (Qualifying Recognised Overseas Pension Schemes) In past years individuals leaving the UK for sunnier or more lucrative shores where faced with the prospect of leaving behind them personal or company pension benefits that would be frozen and locked into UK pension rules despite them in many cases having no intention of returning to the UK. Since 2006 however things have changed considerably for the better with the introduction of QROPS (Qualifying Recognised Overseas Pension Schemes) under the pension simplification initiative. The benefits to many in adopting a QROPS can be considerable; however it is vital that such a transfer is carried out correctly as HMCR (Her Majesty’s Customs & Revenue) impose very strict rules upon QROPS providers as well as jurisdictions. Please contact us, should you require further information!