Which Pension Is Right For You?

Let Us Help You Make An Informed Decision.


Transfer Your UK Pension With Confidence

If you have a pension frozen within a UK pension scheme and you live or plan to live outside the UK you may want to explore transferring your funds into a Self Invested Personal Pension (SIPP) or Qualifying Recognised Overseas Pension Scheme (QROPS).

Choosing the right retirement vehicle is something we can help you with. Talking to one of our experienced overseas financial advisors is easy and we will take time to understand your personal circumstances before advising you on your choices and their respective benefits.

If transferring your current pension to a SIPP or QROPS fits with your circumstances and retirement goals we will manage the transfer for you.

What Is A SIPP?

A SIPP is essentially a DIY pension. You are in control of what you invest and where you invest, with a small number of limitations. A SIPP is very flexible but this of course comes with responsibility.

Because you are in control you either need to become very aware of what are wise investment choices or you need to build a good relationship with someone who can provide you with objective advice on what are good investments for you, relative to your retirement plan.

Investments that can be held in a SIPP include:

  • Unit Trusts
  • Open Ended Investment Companies
  • Exchange Traded Funds
  • Investment Trusts
  • Gifts and Corporate Bonds
  • Cash
  • Commercial Property

When you live or work outside of the UK you have choices. A SIPP is a choice but to make sure you know what’s right for you we recommend you talk to one of our advisors.

Talk To An OIB Advisor

Our advisors are easy to reach and will take time to understand your existing retirement plans before recommending the right solution for you. If you haven’t reviewed your retirement plan for some time now is a great opportunity to do so. We’re here to help.


What Is A QROPS?

A QROPS is an offshore retirement scheme, recognised by HMRC (HM Revenue and Customs) as meeting standards and conditions equivalent to a UK pension. This approval allows anyone with a UK registered pension who is living outside the UK, or is intending to leave the UK, to transfer his or her pension offshore.

A QROPS remains under UK pension rules up to the point you have been non-resident for 5 tax years. After this a QROPS gains increased flexibility.

The key benefits of a QROPS are:

  • Tax Efficiency
  • Single versus Multiple Pensions
  • Investment Choices
  • Investment Flexibility
  • No Inheritance Tax
  • Simplified Estate Planning

Many types of UK pensions can be transferred to a QROPS, but not all. We can tell you if your existing pension plan(s) can be transferred and most importantly if your circumstances allow you to transfer.

Look No Further.