QROPS pensions
#1
Thread Starter
Joined: Jan 2010
Posts: 1,590
QROPS pensions
Has anybody on here cashed in their UK pension through the QROPS scheme and blown it?
#2
BE Forum Addict
Joined: Aug 2006
Location: Velez-Malaga
Posts: 4,920
Re: QROPS pensions
No I haven't, but I've heard more than one skint Brit saying they are going to look into the possibility. Madness in my view, what do they think they are going to have to live on once they get to 65 (or 66 or whenever our munificent Government deigns to let us retire)? They don't seem able to see beyond the end of next week - probably why they got into such a mess in the first place.
#3
Thread Starter
Joined: Jan 2010
Posts: 1,590
Re: QROPS pensions
I'm especially interested in what the tax man will say if/when he finds out, should they return to the Uk