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New 55+ Retail QROPS Super (soon) - UK Pension Transfers

Andrew from Vista Financial
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Andrew from Vista Financial Newbie

Andrew from Vista Financial

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Posted

Hello

Just an update about a new Retail Super Fund hoping to have QROPS status by mid February.

I cannot give specifics at this time but the company are a well established Australian Superannuation company (they have a UK parent company) and they have their new 55+ Super Fund application currently with APRA, once this is signed off they will apply to HMRC for a QROPS certificate (they have already had HMRC look at the Deed and HMRC seem happy with it).

So whilst the only current avenue for a QROPS transfer is again the SMSF path for those in the midst of looking at transferring it may pay to hold fire.

Regards

Andy 

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