Contact

News & Insights

French QROPS can help protect from currency fluctuations

What is a QROPS?

QROPS is short for Qualifying Recognised Overseas Pension Scheme, a type of overseas pension scheme that meets criteria laid down by Her Majesty’s Revenue and Customs (HMRC) and enabled by EU human rights legislation.

With QROPS it is possible to transfer UK pension benefits without any sanctions or charges. French QROPS are available to those who have lived and worked in the UK but who intend to retire and live in France – this is true for those who were born in the UK as well as those who were born elsewhere.

Confidence in the face of currency fluctuations

With economists predicting fluctuations in the value of the pound over the foreseeable future, transferring to a QROPS in France could help mitigate against this risk while also being part of a sound wealth management plan.

Furthermore, a QROPS transfer can be useful in providing both greater scope for investment and for inheritance planning.

Contact Blacktower today for sound, expert advice you can trust

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

Investing in the future – Ecommerce

SmartphoneThere is no doubt that ecommerce is one of the most exciting investment sectors that exists today. Every aspect of our lives is affected by ecommerce. It is fast, high profile, and the numbers are breathtaking:

  • Amazon processed nearly $89 billion in sales from 240 million customers;
  • Visa and MasterCard have over 1,600 million credit cards in circulation;
  • Apple and Google are now worth more than many entire countries.

Amazing as those number are, they pale into insignificance when you consider that the total ecommerce market was estimated to be $1.6 trillion in 2015. However, 20 years ago it didn’t exist, but it is forecast to grow to $3.5 trillion per annum by 2019.

Read More

NEWS WRAP – PLSA Publishes UK Retirement Living Standards

Older Couple ShoppingThe Pensions and Lifetime Savings Association (PLSA) has published a guide to UK Retirement Living Standards* as part of a mission to assist people in working towards a prosperous future retirement.

Research by the PLSA found that 51% of retirement investors are overly focused on their current economic needs, with only 23% properly educated on what it will likely take for them to adequately fund their retirement. However, the newly published Standards are designed to address this shortfall by providing investors with the knowledge and guidance they need to picture their future lifestyle.

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information: