QROPS definition

QROPS means a qualifying recognised overseas pension scheme, and “former QROPS” means a scheme that has at any time been a QROPS;
QROPS means a pension scheme in respect of which HMRC have issued a letter of acceptance that the scheme is a qualifying recognised overseas pension scheme for UK purposes and where the manager of that scheme has not notified HMRC that the scheme has ceased to be a qualifying recognised overseas pension scheme.
QROPS means a qualifying recognised overseas pension scheme as that term is defined in Section 169 of the Finance Act 2004(5);

Examples of QROPS in a sentence

  • You may close your TPI Pension at any time and: • transfer all or part of your TPI Pension fund to another registered pension scheme or QROPS; • secure a lifetime annuity from an Insurance Company provided you have reached the normal minimum age for taking pension benefits, or an earlier age if permitted by pension regulations; or • withdraw all funds under UFPLS/Drawdown.

  • For trading within any of our QROPS and/or QNUPS products, the most recent PIL is available on request directly from London & Colonial (Trustee Services) Limited.

  • You may close your TPI Pension at any time and: • transfer all or part of your TPI Pension fund to another registered pension scheme or QROPS; or • secure a lifetime annuity from an Insurance Company provided you have reached the normal minimum age for taking pension benefits, or an earlier age if permitted by pension regulations; or • withdraw all funds under UFPLS/Drawdown.

  • You may close your True Potential Pension at any time and: • transfer all or part of your True Potential Pension fund to another registered pension scheme or QROPS; • secure a lifetime annuity from an Insurance Company provided you have reached the normal minimum age for taking pension benefits, or an earlier age if permitted by pension regulations; or • withdraw all funds under UFPLS/Drawdown.


More Definitions of QROPS

QROPS means a Qualifying Recognised Overseas Pension Scheme.
QROPS means a qualifying recognised overseas pension 10
QROPS means qualifying recognised overseas pension scheme, which is a pension scheme established outside the UK which fulfils certain criteria by HM Revenue & Customs to receive transfers from pension schemes registered in the UK;
QROPS means a Qualifying Recognised Overseas Pension Scheme under the laws of the United Kingdom.
QROPS means Qualifying Recognised Overseas Pension Scheme that is recognised by HMRC and able to receive transfers from a qualifying UK pension schemes;
QROPS means a pension scheme in respect of which HMRC have issued a letter of acceptance that