deVere Group expands QROPS service offering
For immediate release
London, United Kingdom – 23rd October 2009
deVere Group, the world’s largest independent international financial consultancy group, announced today that it was expanding its service offering of QROPS to benefit its clients living overseas.
Qualifying Recognised Overseas Pension Schemes (QROPS) are personal pensions established outside of the UK, usually in an offshore centre such as Guernsey or the Isle of Man and recognised by HMRC as meeting certain standards and conditions equivalent to a UK pension. As more people move abroad for their retirement years, QROPS provide them with more investment flexibility and higher tax efficiency than if they were to leave their pension fund in the UK. Recently deVere Group responded accordingly in order to accommodate the increasing demand for this service. “As QROPS are becoming ever more popular amongst expatriates, it is important for us to cope with the demand” said Nigel Green, CEO of deVere Group. “As such, we increased the size of our department and continue to work with our partners in order to offer the best QROPS that are being recommended to us and meet our clients’ individual needs”.
deVere Group was one of the first consultancy group to advise expatriates and international investors on QROPS and has developed an in-depth expertise of this service offering over the years. deVere QROPS is based at the group’s head office in Zurich, Switzerland.
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