British Expats

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-   -   Guilfoyle Financial QROPS (https://britishexpats.com/forum/canada-56/guilfoyle-financial-qrops-868445/)

humanist Nov 25th 2015 2:04 am

Guilfoyle Financial QROPS
 
Has anyone used www.guilfoylefinancial.com to transfer their UK pensions into a QROPS plan?

They seem legit, but it would be great to hear some genuine experiences if there are any.

Siouxie Nov 25th 2015 4:40 am

Re: Guilfoyle Financial QROPS
 

Originally Posted by humanist (Post 11802390)
Has anyone used www.guilfoylefinancial.com to transfer their UK pensions into a QROPS plan?

They seem legit, but it would be great to hear some genuine experiences if there are any.

https://www.gov.uk/government/public...cations#canada

mjwalker007 Nov 25th 2015 5:08 am

Re: Guilfoyle Financial QROPS
 

Originally Posted by Siouxie (Post 11802475)

I'm presuming Guilfoyle financial are the advisors and not the receiving scheme so therefore they would not appear on the QROPS approved.
Only the receiving scheme within Canada appears on that list.

humanist Nov 25th 2015 5:13 am

Re: Guilfoyle Financial QROPS
 

Originally Posted by mjwalker007 (Post 11802500)
I'm presuming Guilfoyle financial are the advisors and not the receiving scheme so therefore they would not appear on the QROPS approved.
Only the receiving scheme within Canada appears on that list.

Yes, you're right they're just the advisors.

dgagitw Nov 29th 2015 5:57 am

Re: Guilfoyle Financial QROPS
 

Originally Posted by humanist (Post 11802390)
Has anyone used www.guilfoylefinancial.com to transfer their UK pensions into a QROPS plan?

They seem legit, but it would be great to hear some genuine experiences if there are any.

I would avoid the small operators for this kind of thing. It's not that I have any reason to think that they're not legit but you can be fairly certain they'll take a huge commission for doing this (even if they don't make that clear at any point). It's a lot more cost effective to go direct to one of the large RRSP providers - e.g. CIBC & BMO both do QROPS although I think RBC doesn't.


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