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Author Archives: Mark Ellis
Understanding What The QROPS Pension Is
If you happen to be an overseas employee in the United Kingdom and the money you earn has a Qualifying Recognized Overseas Pension Scheme, or QROPS, there is a way to protect that pension. If your company has put you on a work furlough in the UK and you expect to be returning home, you can keep your pension through transfer. The only requirement is that the way you choose to make the pension transfer is approved by Her Majesty’s Revenue and Customs, or the HMRC. Continue reading
Posted in Finance & Money mangement
Tagged career, expatriates, Finance & Money mangement, pensions, qrop pension, tax
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