Deposit Accounts & QROPS

The confusion from last weeks turmoil has left many people wondering what to do with their investments and savings. In the case of your pension investments then the chaos would have still taken its toll on your funds and no doubt left you worried about the future.

From the pressure now on the banks and due to the demand for banks to meet their funding requirements, many are now offering attractive rates for deposit accounts, some even breaking the 7% barrier. For most people with UK pensions this wouldn’t be of interest. If however you are in a situation where you can benefit from transferring your UK pension to a QROPS, or currently have a QROPS, then this is another bonus.

Transferring your pension to a QROPS opens up a world of investment opportunities including high interest deposit accounts. This means you can take advantage of the increasing deposit account rates while making your pension tax efficient. This is proving to be a popular move for many due to the uncertainty in the markets.

QROPS Adviser are the leader in QROPS advice, To find out more on how we can help you, contact Qrops Adviser by simply completeing the contact form and one of our senior advisers will contact you as a priority.