QROPS Pensions At A Low Cost
So you need to undertake your QROPS at a low cost. Yes but do not judge a QROPS solution by cost alone. The lowest costing QROPS out there is £350pa.
But what this gets you is a very mediocre investment choice. If you chose this option it is highly likely that your QROPS will struggle to produce a return equal to that of the UK pension scheme you left. What is required is a reasonably priced Open Architecture QROPS solution.
So how do you get one of these? Answer choose an IFA who has access to Open Architecture QROPS solutions but at a reasonable cost. There are IFAs who can arrange access to Open Architecture QROPS solutions at discount rates. One is even offering a cash rebate of the QROPS providers initial charge. Importantly the same company is also the only one we know who is advertising that they undertake a TVA for every transfer they undertake. This means if you have six pensions they do six TVAs.