Moore Stephens has introduced a QROPS (Qualifying Recognised Overseas Pension Schemes) trustee, administration and accounting service in the Channel Islands.
Moore Stephens can also assist in assessing the suitability of a QROPS, based on an individual’s personal circumstances, and with the transfer in of an existing pension scheme. A key benefit of using Moore Stephens is that we are able to arrange taxation advice in the UK and comment on the tax treatment of a QROPS in an individual’s country of residence, thereby providing an efficient integrated service.
QROPS are aimed at non-UK residents who have accrued benefits within UK pension funds, and/or UK residents who intend to leave the UK permanently in the near future. The Moore Stephens’ QROPS is both regulated and recognised for tax purposes as a pension scheme in Guernsey and is also fully approved by HMRC.
Being part of one of the world’s leading accounting and consulting networks, with in excess of 600 offices located in 98 countries, we are the only truly international firm in the Channel Islands providing QROPS services. Our offering was developed in response to demands from clients who required the benefits of QROPS from a service provider with our stature, i.e. well known and respected for providing quality services at a competitive price.