Gerard Associates Ltd.
Company No. 05873997,Hampton House, 115 - 119 West Street, Bristol, BS3 3PD
, BS3 3PD
Bristol
, Devon
Business profile
undefinedundefinedundefined QROPS list includes all the QROPS schemes that have been chosen as per the scheme names. HMRC issues a disclaimer that removes all the responsibility of the way the scheme functions. Professional advice serves as the first priority here as the wrong choice of HMRC QROPS leads to heavy penalties and fees. The list provided is as per the HMRC. However the HMRC does not guarantee that all the schemes provided in the list shall be accepted. Only when the scheme is found to be in accordance to the pre-set guidelines, it is accepted. In case it is rejected during QROPS transfers it is accompanied by a heavy penalty fee. Hence the support of advisors is mandatory here.
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Retirement Annuity PlansRetirement Annuity Contracts (RACs),...