Financial Advice Articles

Expat financial advice from the experts

Spring Budget

What did the Spring Budget mean for QROPS?

Spring Budget  The Spring Budget has brought changes to ‘Qualifying Overseas Pension Schemes (QROPS) . Which will affect expats who want to transfer their pensions outside the EU, New Zealand and Australia. In a policy expected to net the treasury £65 million in 2017/2018, transfers of pensions will now be subject to a 25% tax. […]

Overseas UK Pension Transfers

Overseas UK Pension Transfers (QROPS)

 “To transfer, or not to transfer?” That is the question.  A question that many expats have wrestled with in the past and many more are and will wrestle with in the future. Even though the majority of questions asked concerning overseas UK pension transfers are quite similar, the answers and advice given are by no […]

QROP expensive

Why is my QROP Expensive?

Ever wondered why is my QROP expensive? You won’t be the first or last expat to ask Harrison Brook why is my QROP expensive? If you want to reduce costs on your existing QROP or want to start a new QROP in the most cost-effective way possible, you have come to the right place. Topically, QROPs […]

Expat Pensions Advice – The Three Benefits of QROPS

Three Big Benefits of QROPS A new weapon in the financial planning arsenal of a smart expat is a Qualifying Recognised Overseas Pension Scheme, or QROPS and we’ve put together the big three benefits of QROPS. These overseas pension arrangements are appealing as they meet certain requirements set by the British authorities and so don’t […]

Transferring your pension abroad: what you need to know

There are an estimated 4.7 million British expats living and working abroad and with increasing uncertainty over the security of UK pension pots, more and more are choosing to move their retirement funds overseas. At Harrison Brook, we make transferring your pension abroad completely stress-free with free and transparent advice. According to recent statistics, there […]

uk pension transfer canada

Expats – UK Pension Transfer Canada QROPS

Canada – a wide range of pensions schemes available for British expats  – understanding your options Currently, there are over 674,000 British expats living in Canada. Many of these expats are attracted to Canada due to its exemplary healthcare system, vibrant tourism industry and cultural heritage as well as its variable climate and low crime […]

QROPS Portugal – Portuguese Taxation

QROPS Portugal – Is your pension legal in Portugal? Retirement Plans Written Under Trust or Contract Law: Recent action has been taken in various civil law countries legislating directly against, what are seen as, tax avoidance schemes. As a result of this a lot of standard trust based plans, such as QROPS, have been caught […]

Best QROPS Jurisdiction

Best QROPS Jurisdiction – Freedom of Pensions Impact

Best QROPS Jurisdiction – 48 newcomers join the Qualifying Recognised Overseas Pension Schemes list Since the new rulings regarding the freedom of pensions came into action with the start of the new fiscal year on 6th April, and with the new pension freedom regulations outlined in Chancellor George Osborne’s budget announcement regarding best QROPS Jurisdiction […]

Australian QROPS

Australian QROPS – HMRC’s attack

Australian QROPS – HMRC’s attack What does this HMRC’s attack mean? To begin with, QROPS is a Qualified Recognised Overseas Pension Scheme. The assault on the Australian QROPS has begun in earnest in Australia and a number of other countries. There were 1,600 providers available until recently; all but one has now been removed from […]