QROPS: Are they right for your clients?

Retiring overseas and relocating permanently to warmer climes continues to be a popular choice for Brits who are seeking a lifestyle that the UK cannot meet. Advisers with clients who are considering the move to a foreign country should be able to answer questions around how best to organise finances pre and post-move. One of the key areas that needs to be considered – especially for those moving abroad permanently – is the suitability of moving a pension scheme outside of the UK and one solution may be a transfer into a Qualifying Registered Overseas Pension Scheme (QROPS). The co...