Transferring To A QROPS In 5 Steps
Share This Infographic:
Table Of Contents
Do Your Homework
Find a reputable advisor who can help guide you through the process. Do some online reading so that you know what your options are from the beginning.
Get All The Relevant Documents Together
There is a lot of paperwork involved in transferring a UK pension to a QROPS. Make sure you have all the relevant documents so that the process goes smoothly.
Complete A Valuation
Even if you decide not to go ahead with transferring your pension, it’s worth know how much your pension is worth and whether it would be better to do the transfer or keep your pension in the UK.
Investigate Your Options
Once you know what your pension is worth you need to sit down with your advisor and make decisions on whether it makes sense to transfer your pension, and which jurisdiction would be a good option for you.
Transfer Your Pension To A QROPS
Complete the application and wait for your advisor to be in contact. As soon at the documents have been processed by your pension scheme, your advisor will be in touch and you can transfer your assets to a QROPS.