You have the opportunity to take up to 30% of your fund as a tax-free cash lump sum. Importantly there is no requirement to purchase an annuity with The Overseas Pension QROPS.

The minimum age from which benefits can be taken is 55.

A regular quarterly, half yearly or annual 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. The level of income is determined by the trustees with the aim of providing an income for life. If you have been UK tax resident in the previous 5 complete tax years income is paid in accordance with UK guidance.