If you are one of over 300,000 people migrating from the U.K. this year, we at Argent International are here to help you. Since 6th April 2006, HMRC introduced QROPS (Qualifying Recognised Overseas Pension Schemes), giving rise to new retirement planning options to UK pension holders including:
1. There is no requirement to take an income from the pension fund. The potential tax savings are enormous.
2. Ability to pass your full pension fund value on to your family free of UK inheritance tax.
3. Unlimited investment choice worldwide.

Argent international advised on a choice of HM Customs and Revenue Approved QROPS schemes that best suit your personal financial requirements. These plans offer UK persons living abroad the opportunity to unlock the true potential of their pension fund.

Making the right choice of QROPS is vitally important. Argent International advisers will help you look at how the benefits are paid from the scheme, the country or territory's tax position and the investment choices the scheme has to offer.

	Complete the Letter of Authority form giving Argent International authorisation to request the transfer value and transfer forms (3 in total) on your behalf.
	Once the current transfer value is confirmed by the UK pension provider you then complete a Form of Engagement with Argent International once the fees have been agreed.
	All of the forms will be completed and sent to your U.K. pension provider.
	The UK pension provider then transfers the fund to QROPS. Click on YES to start the process and download the Letter of Authority, complete sign and return by fax on +44(0)1664 444625 or email to the qrops@aifsg.com. Alternatively ring our Pensions Advisers on +44 (0)1664 444625.

	Argent International is a highly respected financial services group of companies, specializes in comprehensive and independent financial advisory, wealth management, company and trust administration services to private, corporate and institutional investors. For over 21 years we have assisted investors to enhance their financial position and make the most of the opportunities available in the global financial market.
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With an ever increasing ageing population, there are not enough young people paying into the state scheme to take care of pensioners. The likely result is a crack down on pensions schemes in the future and an increase in taxes (as we have witnessed already). Luckily for UK citizens, they can transfer their UK private pensions offshore to mitigate tax. The Qualifying Recognized Overseas Pension Scheme (QROPS) allows most types of UK private pensions to be transferred offshore. QROPS was designed with the intention of giving UK expats who aren't returning to the UK the option of moving their pension to a 'white list' country offshore such as Guernsey or the Isle of Man. Not only do you mitigate tax, but you don't need to purchase an annuity. This means that your whole pension fund is left to your spouse upon death and then onto your kids should your spouse pass away.

Furthermore you don't need to report to the HMRC (UK tax office) after 5 years. If you've been abroad for 5 years already, you don't need to report to them at all. You may even be able to access 25% of your fund immediately after transfer provided you are over 50 (55 from 2010) and you can include your property within the QROPS, so your kids don't have to pay inheritance tax on your house(s).

The UK HMRC monitors the companies it has approved to provide QROPS schemes.

How QROPS work

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QROPS could be the right
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