Both Brexit and the growth in the Irish Economy relative to the U.K. are encouraging Irish (and other) workers to come to Ireland. Consequently, Irish pension providers are seeing an increased demand for their products from these former UK residents. Harvest Financial Services are ideally placed to provide you with the advice you need. In this article we look at some of the reasons why they are moving their pensions to Ireland and the type of pension vehicle they use.
Qualifying Recognised Overseas Pension Schemes (QROPS) –
As part of the decision to come to Ireland people will consider transferring their pension savings and this draws them automatically to QROPS. So, what are QROPS and why are they beneficial?
Transferring a pension to Ireland may not suit in every circumstance and not every UK scheme will permit it, so it is important to take advice. Harvest Financial Services are ideally placed to provide you with the advice you need. Laws and Tax rules may change in the future.
Transfer Your UK Pension to Ireland – For more information, or to arrange a meeting to discuss your UK Pension Transfer, please contact us on 01 2375500 or email us at firstname.lastname@example.org.
Our 50 highly qualified staff are committed to investing their time in ongoing training and development and this has been a vital component for the continued success of Harvest in delivering a best in class advice service to our clients. This has been recognised at the Irish Pension Awards where we have been awarded Pension Advisor of the Year in 2015, 2016 & 2017. In March 2018 Harvest were awarded the Investment Broker of the Year 2018 at the LPI Awards.
This marketing information has been provided for discussion purposes only. It is not advice, it is provided for general information purposes only and does not fully take into account your financial position, investment needs and objectives, attitude to risk, liquidity needs, capital security needs, capacity for loss, etc. It should therefore not be relied upon to make investment decisions. Prior to any formal investments taking place you will be provided with a detailed suitability letter taking into account all the above and outlining why the investment(s) are (not) suitable for you.
The particular tax treatment contained herein is based on Harvest Financial Services Limited’s understanding of current Revenue practice as at June 2018. Please note that the tax treatment depends on the individual circumstances of each client and may be subject to change in the future. You should take such independent tax advice as you deem appropriate.