Qualifying Recognised Overseas Pension Schemes (QROPS)

If you have employees who are non-UK residents that lived in the UK previously or are planning on leaving the United Kingdom, they may be able to benefit from a Qualifying Recognised Overseas Pension Scheme (QROPS), a competitive and flexible offshore pension arrangement that accepts accrued UK benefits.
We offer two QROPS—the Fermain QROPS and the Havelet QROPS. In addition to high quality trustee services and plan management, both offshore pension plans offer members significant tax planning opportunities, asset protection and a wide range of investment options.
We can also provide a corporate QROPS—please contact us for details.

Benefits of an RBC cees QROPS include:

• Consolidation of UK pensions and/or post 'A' Day offshore pensions
• Optional investment flexibility
• Flexible receipt of benefits
• Opportunity to take a 25% tax-free lump sum on retirement
• No requirement to purchase an annuity on retirement
• Tax-effective death benefits paid to nominated beneficiaries
• Tax planning opportunities on commencement of pension
• Administered in Guernsey, a preferred QROPS jurisdiction
• Online member access via RBC cees Online