With QROPS fees set to rise you need to act now. Applications received in May will be guaranteed on the pre increase fee structure.
ZURICH, Switzerland (April 25, 2014) — Over the last few years, with new players coming into the market, we have seen QROPS fees reduce. However for the first time in three years we are now seeing QROPS providers increase their fees. Some as much as 20%.
As a company at the forefront of offering low cost QROPS transfers, we are able during May to guarantee fee structures at the old prices.
This means if your QROPS transfer application is received before 1st June 2014 it will be processed on the pre increase fee rates.
Waterstone Investment associates also guarantee to offer you a lower QROPS fee structure than the providers published rate. With no initial charge.
Some IFAs are still charging 3% to 5% as their fee, plus a 1% initial charge.
Waterstone are able to offer a Zero initial charge for all QROPS providers in all jurisdictions.
This means if you have been quoted a fee structure for your QROPS transfer Waterstone will be able to offer you the same package on a lower fee.
Moving your UK pension arrangements to a QROPS if suitable given your own particular circumstances, can only improve your position.
Most importantly, once moved to a QROPS you have control over your money. If left in your UK pension arrangement it is highly likely that additional constraints will be put in place which will adversely affect you.
If you have a UK pension and have left the UK, or are considering a QROPS transfer, contact Waterstone Investment Associates, and transfer your UK pension at the lowest possible cost.
Waterstone Investment Associates Inc.
Swiss Post Box: 100988
CH – 8010 Zürich