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QROPS - Qualified Recognized Overseas Pension Scheme

QROPS is a pension plan that “Qualifies” with HM Revenue and Customs (HMRC) rules, is officially “Recognised” by HMRC, is managed “Overseas” the UK and is set up in trust as a legal “Pension Scheme”.

To check if a pension is a QROPS you can check the list of schemes that have told HM Revenue and Customs (HMRC) that they meet the conditions to be a recognised overseas pension scheme (ROPS).