A QROPS from STM is a unique and compelling choice for anyone thinking of retiring abroad
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Zero fees QROPS
Zero Establishment Fee on all STM QROPS

The zero establishment fee will remain in place as a permanent feature for all new QROPS applications, and is applicable across all of our QROPS products.

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What is a QROPS?

A QROPS is a pension plan designed for non-UK resident individuals with UK pension assets who are looking to transfer their funds to a location which better suits their circumstances and financial planning objectives.
Zero fees QROPS - QROPS from STM Group


A QROPS can accept a UK pension transfer just like any UK-based scheme, although it must meet certain HM Revenue and Customs (HMRC) criteria. The benefits of transferring your fund into a QROPS include portability, increased tax efficiency, and investment flexibility. As the benefits of a QROPS can lead to an improved lifestyle in retirement, their popularity continues to grow among expatriates and individuals considering a move overseas.

Who is eligible for a QROPS?

Many clients will be eligible for a QROPS. There isn’t any hard and fast rule regarding the minimum or maximum transfer limits to a QROPS, however the suitability of a transfer is determined by a number of factors. As a general rule, transfers under £40,000 may not be cost effective.

Who is eligible for a QROPS

What is the 5 year rule?

The 5 year rule is a term that refers to the length of time the member has been resident outside of the UK.

It is measured in tax years and not calendar years. So, if a member departs the UK halfway through a tax year, the clock only starts ticking from the start of the following tax year – which commences on the 6th April.

After being non-UK resident for five full tax years, no UK income tax should be due on any income payments and generally there should be no UK tax on death benefits.

Benefits of a QROPS

A QROPS can offer significant taxation and investment advantages, allowing many UK pension holders to get more out of their UK pension. As an independent, multi-jurisdictional Administrator and Trustee offering a wide range of HMRC recognised QROPS, STM offer a unique and compelling choice for anybody thinking of retiring abroad.

Greater tax efficiency

Using a range of international investments, funds within a QROPS can grow with no UK tax deducted (depending on the investment chosen). If the member is a non-UK tax resident, no UK income tax is deducted at source on pension income.

Flexible investment options

In addition to mainstream investments such as unit trusts, portfolio bonds, investment platforms, and discretionary fund managers, a QROPS can also invest in international commercial property and other approved assets.

Fixed pricing

Many UK pension schemes, including Stakeholder pensions, have a percentage based charging structure. A QROPS from STM has fixed, all inclusive, initial and annual fees, which could offer a significant saving as the costs are not linked to the value of the fund.

Maximising benefits to beneficiaries

Generally benefits paid to a beneficiary are not subject to tax if the member dies before age 75 and are taxable at the recipient’s marginal rate if the member dies after age 75. However, it is possible for benefits from a QROPS to be paid out with no UK tax, passing on more of the fund to a member’s beneficiaries.

Download our QROPS Guide
Download the QROPS guide
QROPS Guide Download
Discover the benefits of a QROPS from STM
Simply fill in the form or contact one of our regional specialists
QROPS Specialist - Amy Curlee
QROPS Specialist - Kirby Dupont
QROPS Specialist - Anthony Lowes
QROPS Specialist - Paul Carter
QROPS Specialist - Stuart Denness

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