New QROPS proposition from Skandia and Concept

Called Aurora Quantum Lite, the plan is available to investors of Royal Skandia and Concept, the Guernsey fiduciary specialising in QROPS, and is aimed at investors who have transferrable UK pension pots less than £75,000.   The arrangement, which is subject to a one-off set up fee of £295, will have an ongoing annual charge ranging from £295 for those aged 45 and under, £395 for 46 to 50 year olds and £495 for applicants over the age of 50. An additional feature of the scheme enables investors to make lump sum top up contributions for an initial £150 fee and £150 additional annual charg...