Pension Plans & Pension Schemes
In 2006 the UK Government relaxed the requirements regarding pension transfers, something which has been of great benefit to those UK holders of pension plans who are either contemplating emigration or who have already emigrated.
By exporting the pension fund to a Guernsey Qualifiying Recognised Overseas Pension Scheme "QROPS" (Guernsey is a jurisdiction which is authorised by HMRC to establish QROPS and accept transfers) there are more flexible benefits available to plan holders, including investment flexibility and the option for a lump sum payment.
The Louvre Group has created two pension plans – the Hussar International Pension Plan and the Hussar ‘Easy’ Pension Plan – to assist plan holders and to provide structured, tailored solutions for those wishing to take advantage of the new transfer arrangements.
More information is available on our Factsheets or please contact us directly
