Singapore QROPS Removed!

Yesterday HMRC removed all Singapore QROPS from its list of jurisdiction that can offer QROPS. It is believed that this is due to the persistent mis-selling of QROPS in the Far East.

Experts believe that the selling of “pensionbusting” promises, by unregulated advisers was the downfall of QROPS in Singapore. With little or no regulation of advisers in many worldwide locations, there is clearly a risk of abuse.

It is very important for UK expats to seek advice from regulated companies & advisers such as QROPS.net advisers. We urge all individuals to do a simple background check on all financial advisers and ask them to provide a regulatory number from the governing body before you proceed.

To find out more about QROPS.net advisers and how we have the highest regulation standards, please contact a QROPS adviser