Once you setup a QROPS, you will enjoy greater control over where your pension fund is invested, you may substantially reduce the tax that you would have to pay when accessing your pension and you can pass on your pension pot to your beneficiary upon death without being subject to UK inheritance taxes. In addition, a QROPS will provide a simple, flexible and cost effective pension arrangement for the rest of your life, in a cost effective, safe and well regulated environment.

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