QROPS figures tumble from peak
5 August 2020
The total value of transfers to overseas pension schemes (QROPS) has fallen for a fifth year in a row, following the introduction of a tax charge in 2017, latest official figures have shown. According to HM Revenue & Customs, the number of pension transfers to QROPS fell 12% in 2019/20 to 4,400 transfers compared...