You have the opportunity to take up to 25% of your fund as a tax-free cash lump sum. Importantly there is no requirement to purchase an annuity or Alternatively Secured Pension - ASP with The Overseas Pension QROPS.

The minimum age from which benefits can be taken is 50 provided that you have been outside the UK for 5 complete tax years.  If not the minimum age is 55 from April 2010 but it may be possible to access funds before or after these ages.

A regular income can be paid from The Overseas Pension QROPS direct to your bank account. Assets can be held and payments made in many currencies helping you to manage exchange rate risk.