DIAMOND PERSONAL

PENSION




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Introduction



The efpg Diamond Personal Pension Plan is a Qualifying Regulated Overseas Pension Scheme (QROPS). A QROPS is designed to provide significant tax benefits to ex-residents of the United Kingdom who have built up a large pension fund and are looking to transfer this out of the United Kingdom.


A QROPS also provides greater investment flexibility than a regular pension plan allowing investments in non-standard assets, dependent on trustee approval. If you would like more information on how a QNUPS can help you improve your retirement planning, don't hesitate to contact us.



Is a QROPS suitable for you?






  • Accepts transfers from existing UK registered and other approved pension schemes as long as their rules permit.


  • Protects funds transferred into the Scheme from possible adverse changes in tax and pension legislation in the originating country.


  • No specified limits on the size of transfers into the Scheme.


  • Access to retirement benefits from age 55. Unless otherwise agreed with the trustee commencement of income drawdown must be before age 75 or any other maximum age allowed by Gibraltar regulations.


  • Up to 30% Pension Commencement Lump Sum available, provided a lump sum has not already previously been withdrawn from transferred scheme benefits.


  • On death, your nominated beneficiaries may receive the funds remaining in your Scheme, potentially exempt from UK Inheritance Tax.


  • Depending on your country of tax residence potentially significantly lower rates of income tax payable on pension income.


  • Provides the opportunity to consolidate previous separate pension rights into one efficient arrangement for the future.


  • Provides the opportunity to denominate your pension scheme benefits in an alternative currency applicable to your new country of residence.


  • The scheme is designed to provide an ‘income for life’ and so restrictions ensure you do not withdraw more income in retirement than is sustainable.



YOU SHOULD ALWAYS SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR BEFORE MAKING ANY DECISION.
CLICK BELOW IF YOU REQUIRE ASSISTANCE FROM OUR SISTER COMPANY EFFECTIVE FINANCIAL PLANNING GROUP.


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Benefits



► Accepts transfers from existing UK registered and other pension schemes (subject to the transferring scheme approval).


► Not subject to the UK Lifetime Allowance once transferred.


► Great investment flexibility. Opportunity to denominate your pension scheme benefits in a currency applicable to your country of residence.


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The efpg Group





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FOUNDED IN 2004, efpg IS A WELL REGARDED AND ESTABLISHED COMPANY THAT HAS A PROVEN TRACK RECORD.



COMPANY INFORMATION


European Financial Pension Group

​

PO Box 1483

13 Irish Town

Gibraltar


Private Company Limited By Shares Country of Incorporation: Gibraltar Incorporation Number: 93480 Incorporation Date: 02/12/2004


​Authorised and regulated by Gibraltar Financial Services Commission Licence No. 4996



European Financial Pension Group is a trading name of European Financial Planning Group Ltd*



CONTACT DETAILS


Email

info@efpg.net


Phone

+350 200 49750



At efpg we work with Tree-Nation to help offset our carbon footprint as part of our going green campaign So for every policy created at efpg we collaborate with Tree-Nation to plant a tree. To find out more about exactly how Tree-Nation is caring for our environment, visit -

https://tree-nation.com





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