What is a QROPS?

QROPS stands for ‘Qualifying Recognised Overseas Pension Scheme’. A QROPS is an overseas pension scheme that is registered with Her Majesty’s Revenue and Customs (HMRC) and can accept a transfer of UK pension funds.  They were introduced in 2006 specifically for the benefit of former UK residents who have accrued pension funds in the UK, and who intend to remain outside the UK permanently.

You can only transfer a UK Pension overseas to a scheme that has QROPS registration, like our Australian Expatriate Superannuation Fund.

A full list of registered QROPS schemes can be found here.