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Qualifying Recognised Overseas Pension Scheme

An overseas pension scheme that satisfies HMRC requirements. Transfers may be made to a QROPS much as they could to another Registered Pension Scheme.

QROPS

Qualifying Recognised Overseas Pension Scheme

Articles

What constitutes benefit?

In the case of Chapman vs Chapman [1954] the court found that it had no inherent jurisdiction to approve a variation of trusts for minor, unborn or unascertained beneficiaries just on the ground that the variation was for their benefit. The position was changed by the Variation of Trusts Act 1958 (the 1958 Act).

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