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Expat Pension Advice- Barcelona

Making good decisions about your future As an expatriate, recent UK legislation has been introduced to give you significant advantage over your UK-based peers, but many people remain locked-in to plans and policies that do not make full use of these allowances.For some of you, retirement will be a long way off, and for others, it might be too close for comfort! Whatever your situation, now is a good time to review your financial plan and, possibly, to adjust it to create a portfolio that it more likely to meet your needs. The Tyler Group found Imperius Wealth Management Consultants; well- trained Consultants for the pension options open to UK expatriates, and are waiting for you to contact them to discuss your individual situation and needs. QROPS: Qualifying Recognized Overseas Pension Scheme If you are thinking about enjoying your retirement outside of the UK, then a government approved overseas pension scheme provides you with an opportunity to maximize your retirement income and avoid the pitfalls of UK tax and regulations. A QROPS gives your greater control of your pension at retirement and provides valuable benefits for your spouse and your children. Some of the benefits: • No annuity purchase required • 100% of fund for surviving spouse and their children • Free from UK Inheritance Tax after five years • More freedom to invest QNUPS: Qualifying Non-UK Pension Scheme QNUPS came about through legislation introduced on the 15th February 2010, and corrected the situation whereby UK pension funds transferred into a QROPS might have been liable to UK IHT charges. A QNUPS needs to satisfy similar conditions as a QROPS and broadly enjoys the same benefits, but with added advantages: • Trustees do not have to report back to HMRC • No limit to contributions, or size of the fund • Income in currency of choice, reducing currency risk • Immediately exempt from UK taxes on death • Broad range of assets can be include

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Expat Pension Advice- Barcelona

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  1. The Tyler Group Expat Connections Blog **Expat Pension Advice Barcelona Free Powerpoint Templates

  2. Making good decisions about your future As an expatriate, recent UK legislation has been introduced to give you significant advantage over your UK-based peers, but many people remain locked-in to plans and policies that do not make full use of these allowances.For some of you, retirement will be a long way off, and for others, it might be too close for comfort! Whatever your situation, now is a good time to review your financial plan and, possibly, to adjust it to create a portfolio that it more likely to meet your needs. The Tyler Group found Imperius Wealth Management Consultants; well- trained Consultants for the pension options open to UK expatriates, and are waiting for you to contact them to discuss your individual situation and needs.

  3. QROPS: Qualifying Recognized Overseas Pension Scheme If you are thinking about enjoying your retirement outside of the UK, then a government approved overseas pension scheme provides you with an opportunity to maximize your retirement income and avoid the pitfalls of UK tax and regulations. A QROPS gives your greater control of your pension at retirement and provides valuable benefits for your spouse and your children. Some of the benefits: • No annuity purchase required • 100% of fund for surviving spouse and their children • Free from UK Inheritance Tax after five years • More freedom to invest

  4. QNUPS: Qualifying Non-UK Pension Scheme QNUPS came about through legislation introduced on the 15th February 2010, and corrected the situation whereby UK pension funds transferred into a QROPS might have been liable to UK IHT charges. A QNUPS needs to satisfy similar conditions as a QROPS and broadly enjoys the same benefits, but with added advantages: • Trustees do not have to report back to HMRC • No limit to contributions, or size of the fund • Income in currency of choice, reducing currency risk • Immediately exempt from UK taxes on death • Broad range of assets can be include

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