The QROPS market has had its ups and downs, but has it now begun to establish itself?
As acronyms go, QROPS isn’t bad. You’d settle for QROPS. Particularly considering it represents overseas pension schemes available to British citizens that are subject to certain Her Majesty’s Revenue & Customs (HMRC) rules, which isn’t exactly catchy. But this imagined advantage isn’t bearing fruit. The market is having a tumultuous year, so far at least. It has been the subject of a great deal of attention and, in the opinion of some, a number of harsh measures from Her Majesty’s Revenue & Customs (HMRC). But now it seems QROPS may have finally broken into the mainstream. Well, sort...
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