Advice & Solutions to Unlocking Frozen UK Pensions
UK Pension Transfers via 100% HMRC approved overseas QROPS
Free Guide on how to transfer your 'frozen' UK pensions into a QROPS (Qualifying Recognised Overseas Pension Schemes) or into a SIPPS (Self Invested Personal Pension Scheme)
Once you leave the UK you are no longer permitted to make new contributions to your UK pension schemes, they become "frozen" ,we now offer overseas pensions advice specifically for expats:
Our QROPS and SIPPS solutions are 100% approved schemes, your enquiries are looked after by our qrops and sipps experts, once reviewed you will receive our recommendations.
Teachers pensions, Armed Forces Pensions,Oil and Gas pensions, Company pensions, different careers, one common goal, to make their UK pension work better. Whether you are new to overseas life or a seasoned expat, retired or still working, our overseas pensions will suit your circumstances.
Why choose us? Expat in Asia-Thailand,Vietnam,Abu Dhabi: Europe-Spain, France, indeed worldwide, our knowledge and connections with tax and legal advisers enable us to provide you with the best value overseas pension transfers, excellent ongoing investment advice and online valuations.
Paid Up UK Pensions Many expatriates have accumulated one or more paid up pension schemes from previous employment. Whether they are defined benefit schemes or money purchase schemes they most likely are underperforming with little potential upside due to current UK pension rules. It is now possible to unlock these under acheivers and give you access to tax free capital too-See our main section on SIPPS and QROPS.
A group of British pensioners living overseas who are challenging the government over its policy to freeze state pension pay outs for retirees living in certain countries have their case heard in a European court.
The judgment could affect more than 500,000 pensioners.
Around 1 million British pensioners live overseas, but only about half of them have their state pensions uprated in line with UK inflation each year, as if they still lived in the UK.
Those who live in the European Economic Area, Switzerland and a number of countries that have reciprocal agreements with the Britain, including the US, Jersey and Jamaica, benefit from the uprating.
However, for the other half living in countries including Australia and South Africa, state pension payments are not increased in line with inflation. Instead, the amount they receive is fixed on the day they retire, or, if they have already retired, the day they emigrate.
This hearing is the latest in a long run of court battles and appeals.Latest news HERE
More than 25,000 wealthy tax payers are planning to leave the UK to avoid the new 50% rate of income tax, according to estimates from the centre of economics and business research.
The government announced the introduction of a 50% tax rate in the april budget. This will effect individuals earning more than 150,000k , in addition they have had their tax relief on pension contributions reduced too.
We can provide significant pension planning opportunities to those choosing to leave the UK. Transferring personal and occupational pensions into a QROPS in a tax friendly environment could significantly reduce the tax burden on an individual's pension income and get it out of IHT liababilites too.
With over 300,000 people migrating from the UK each year, an area that is increasingly growing in demand is access to (Qualifying Recognised Overseas Pension Schemes) QROPS.
An increasing number of advisers and other professionals are choosing to outsource QROPS advice to specialists.
If you would like us to handle the entire process on your behalf we can set up an introducers agreement and we will pay you a set commission per case.In the first instance send an email to info@freeukpensions.info
