ROPS Guernsey

Guernsey QROPS were discontinued for new transfers from 6^th April 2012. They are now considered ROPS (non-qualifying Regulated Overseas Pensions Schemes) which in certain circumstances can still accept benefits from other ROPS.

ROPS to ROPS transfers can offer significant advantages of lower fees and better investment management by changing one or more of;

Trustee
Investment Manager
Investment Platform

Key differences to Gibraltar

No new transfers allowed
Tax free income
£795 set up fee and £795 per annum in advance