Flexible Drawdown sees enquiries in QROPS grow 2015

BERLIN - June 23, 2015 - PRLog -- Following a drop in QROPS transfers in the run up to, and following the changes to UK pension legislation in April 2015, we are now seeing record numbers of enquiries due to the lack of UK pension providers adopting the new rules.

Although UK pension schemes can offer 100% withdrawals, and more importantly the option to draw down whatever income you wish from age 55, many UK pension companies are not offering these options.

QROPS providers, on the other hand have been quick to offer full flexibility. In addition to a tax free lump sum that can be taken at any time from age 55 to age 75, you can now choose to take unlimited amounts over a number of years.

From 6th April, 2015, the UK Government has amended the legislation covering QROPS. This now allows QROPS trusts in EU jurisdictions to be able to offer fully flexible withdrawal options. So, if a QROPS transfer is right for you, you will now have the additional benefit of flexible withdrawal.

Waterstone has always been the IFA at the forefront. We were the first to offer clients’ QROPS transfers with no adviser charge, and no initial Trustee charge. We also pioneered fixed fee charging rather than percentage based fees, saving clients thousands of pounds. Now we are offering fully flexible withdrawal QROPS trusts, with discounted fees.

Waterstone Investment associates also guarantee to offer you the lowest QROPS fee structure with no initial charge.

Waterstone are able to offer a Zero initial charge for all QROPS providers in all jurisdiction.

This means if you have been quoted a fee structure for your QROPS transfer Waterstone will be able to offer you the same package on a lower fee.

Moving your UK pension arrangements to a QROPS if suitable given your own particular circumstances, can only improve your position.

If you have a UK pension and have left the UK, or are considering a QROPS transfer, contact Waterstone Investment Associates, and transfer your UK pension at the lowest possible cost.

For further details contact: information@qropsusa.net

or visit their website: www.waterstone-investment-associates.com