QROPS

QROPS Overseas Pensions

International Pension Planning Division

Geneva London Paris Brussels Monaco Nassau

QROPS-Overseas Pension Scheme TransfersQROPS-Overseas Pension Scheme Transfers

What are the Benefits of an Overseas Pension Scheme Transfer?

Increase your monthly Income and your Asset Value using your QROPS Pension Plan

Enjoy Greater Global Diversification and the Risks against Currency Fluctuations

Minimise UK Inheritance Tax (IHT)

Fully portable form Country to Country

Greater flexibility in terms of how & when you draw down your benefits

Higher Growth Rates & Reduced Administration Costs vis a vis UK Plans

You can withdraw a 25% lump sum, 30% if resident outside the UK for over 5 years

Global Financial Expertise Wherever You Are www.prycewarner.com

QROPSQROPS

Qualifying Recognised Overseas Pension Scheme

Introduced on “A” day (April 2006)

HMRC Approved Overseas Pension Scheme

UK Pension Plan Holders can transfer plans to a QROPS

Available to Expats and Non-Domiciled Individuals Around the World

Increase Pension Income

Reduce Tax Burden

Ensure that your pension plan assets pass to your beneficiaries


Principal Benefits of QROPS*

Tax Free Cash Lump Sum – 25% on retirement, 30% if resident outside the UK for over 5 years

No requirement to buy an annuity

Income drawdown based on UK GAD rules

0% Tax on death pre-retirement

Significant Estate planning opportunities

*We advise that a minimum investment of £100 000 is required to obtain these benefits


Benefits: You do not have to buy an annuity at retirement. Instead you can keep your pension funds invested and drawdown from them to provide a pension. Unlike an annuity, your remaining fund stays intact. You can defer draw down benefits to a time that suits the pension plan holder

Investments: Investment opportunities in a wide range of asset classes including International Property Funds.

Estate Planning: Our QROPS can be used to transfer benefits tax-efficiently to your beneficiaries.

Fees: Transparent and cost efficient fee structure

Regulation: Our Malta QROPS is fully approved and regulated by Jurisdictional Pension regulators

Gibraltar: We also provide a Gibraltar based QROPS which has distinct benefits for certain plan holders

Additional Benefits


Why Pryce Warner International Group?

Over 40 Years Experience In Dealing with the Needs of Expats Throughout the World

Each Client has a Personal Account Representative

Greater Control over Their Investment Management

Greater Breadth of Investment Opportunities

Increased Estate Planning Opportunities

QROPS provided In Malta & Gibraltar: The HMRC approved jurisdictions with the highest levels of regulation and security

Transparent Costs

Clear & Concise Investment Reporting

24/7 Web Access to Accounts


Investment Options

Our Clients have a wide range of investment options available to them and in order to ensure these are fully taken advantage of, we offer a Professional Review & Advice service.

Particular attention will be paid to your withdrawal requirements & the currencies required.

All our portfolios are Multi-Currency and Globally Diversified.

Freedom to manage the assets within the plan in accordance with ever-changing financial situations.

Direct access to your own pension plan advisor


Our Fund Performances as at 31st December 2013


Performances are Shown in %Annual Compound Rates of Growth

See next slide for relevant fund details

Pryce Warner lnternational Growth PortfolioThis Portfolio is a Multi-Currency Globally Diversified Equity Portfolio providing comprehensive access to markets around the world & provides a suitable structure for investors requiring regular income provision.

Pryce Warner lnternational Growth & lncome PortfolioThis Portfolio is a Multi-Currenry Globally Diversified Equity Portfolio providing comprehensive access to markets around the world whilst at the same time providing added focus for the regular income needs of investors.

Pryce Warner lnternational Bond & lncome PortfolioThis Portfolio is a Multi-Currency Globally Diversified Portfolio providing comprehensive access to Bond & lncome Producing lnvestments around the world whilst at the same time providing for the regular income needs of investors.

Pryce Warner lnternational Property & lncome PortfolioThis Portfolio is a Multi-Currency Globally Diversified Property Portfolio providing comprehensive access to property markets around the world. The portfolio allows complete liquidity whilst at the same time accessing & investing in the global property markets in a diversified & balanced manner.


Pryce Warner International Group QROPS Reporting Requirements to HMRC

If the member has been a UK resident at any time in the past 5 years full reporting must be maintained by the pension trustee

There are no reporting requirements by the Pryce Warner International Group QROPS Trustees once the member has been outside of the HMRC tax regime for 10 years


Application Process

Complete a Pryce Warner International Group QROPS application form

Pryce Warner International Group will review your existing Pension Plans/SIPPs

PWI Produces a Written Proposal stating all charges

Proposal is Discussed with the Applicant

Applicant receives all Transfer Documentation for Completion and Submission to PWI including Copy of Passport & Proof of Address

Pension Plans & SIPPs are Transferred into the QROPS Plan

Clients can then view their Accounts online 24/7


QROPS Transfer Process

Your Pension Plan receives instructions from PWI QROPS Trustees for Transfer

Same as transfer between UK schemes

Benefits transferred in cash or in-species

UK Plan/s advises HMRC of an overseas transfer

Pension Plan trustees implement reporting requirements to HMRC

Personal pensions, occupational pension schemes, schemes in drawdown and final salary schemes are accepted


QROPS Transfer Fees

Initial Set up Fee £750*Initial Fees are a one off and include obtaining due diligence in accordance with our regulatory requirements, preparation and completion of all necessary documentation for the trustees and previous administrator, monitoring the application process and liaising with your advisor.

Annual Trustee Administration Fee £750*The Trustee administration is charged annually in arrears on 30th September for the provision of services which includes the management of the fund, annual accounts and the trustee responsibility fee. These fees do not apply to specialised investment assets or where they are held with an offshore company (e.g. property and private equity). Fees will be in accordance with the Pryce Warner International Group Limited fee schedule as in force at the time. Any additional professional work requested by the Member will be quoted for in advance. These fees will be calculated by reference to the time, complexity, urgency and responsibility of the work required.

Termination of QROPS or Transfer Fee £2000*Upon transfer of the QROPS to another administrator a termination fee will be applied to attend to all matters with regard to the transfer as required.

*These are our current fees and reflect provider rates, though these may be subject to change


In summary…

We are an INDEPENDENT Consultancy Group with over 40 YEARS experience

We have a PROVEN TRACK RECORD

We work with the WORLD’S BEST INVESTMENT MANAGERS

We provide a PERSONAL SERVICE for our clients

24/7 Online Access to Accounts

We are Happy to Provide Existing Client Testimonials to New Clients

ARE YOU ON THE RIGHT TRACK FOR YOUR FINANCIAL FREEDOM & INDEPENDENCE?


QROPS Overseas Pensions

International Pension Planning Division

Geneva London Paris Brussels Monaco Nassau

QROPS

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