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The ability to pass on the entire fund in the event of death without any UK Inheritance tax applying. For both spouse, Children and Spouse's beneficiaries. See http://www.legislation.gov.uk/uksi/2010/51/regulation/1/made |
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25% Tax Free cash lump sum from age 55 |
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Access to the assets and fund within the HMRC guidelines. I.e. at least 70% must be used for a life time pensionable income. |
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Non Domicile Spouse - Enable your Pension to be transferred to your Non Domicile Spouse without it being limited to £55,000. Currently 40% tax is a payable |
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Tax Free Pension income - Expats living in a zero tax location. |
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No obligation to purchase an annuity. |
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Transfer any asset including Commercial property, company shares & additional assets into the QNUPS. |
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Actuarial calculations can be used to authorise higher percentage draw down. (Health, age etc) |
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No lifetime allowance limit - Currently a maximum of £1.8m (2010 to 2011 Tax Year, reducing to £1.5M in 2012) can be held by an individual. Any amount above can result in up to a 55% Taxation known as a "life time allowance charge". |
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Also Applicable to UK residents or clients that may move back to the UK - the ability to make contributions without tax relief to a QNUPS. IHT protection applies from day one and there is complete investment flexibility. |
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Choice of Investment Currency |
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Unlimited fund selections word wide |
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100% Capital Protected funds available |
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Can we Help? - If you are a British expat or you have lived in the UK and contributed to a UK Pension for over 7 years and want information on how to transfer your pension
offshore, we can help you. You could be transferring your UK pension
abroad into a QROPS or QNUPS tomorrow!
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