Wonderer
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The transfer occurred in August 2014. I am wondering how long I have to remain under QROPS.
Thanks.
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Is there a time limit after which it is no longer necessary to have ex-UK pension pot in an QROPS fund? The fees I am being charged for the privilege seem very high.
I grasp the SMSF administration requirements here in Oz. But in getting it QROPS approved are there any pitfalls, like unintended UK taxes, to be aware of?
Thanks in advance.
QROPS: natural expiry
in Money & Finance
Posted
Thanks Andy. I have a letter from HRMC dated 11/2014 advising that I owe them nothing. This was in response to me notifying them I was leaving the UK for sunnier climes. So come 11/2019 my 5 years will be up and I will then subject to the Oz rules and can exit my current QROPS provider. I have made a note to contact you closer to the time to get the personal advise you mention.
Many thanks.