The Bachmann Personal Pension Plan (QROPS)

A Qualifying Recognised Overseas Pension Scheme (QROPS) is an innovative and flexible pension scheme for people who have worked in the UK but are now expatriate, intend to move abroad permanently or have plans to retire overseas. QROPS were introduced by Her Majesty's Revenue & Customs (HMRC) in 2006 and offer people who have worked in the UK the opportunity to transfer their accrued pension benefits to another regime recognised by HMRC.

Bachmann Trust Company Limited is registered with HMRC as a QROPS provider and administers a Guernsey pension plan which has been approved by HMRC, known as 'The Bachmann Personal Pension Plan'. This scheme is administered in accordance with the laws of the Island of Guernsey and is open to both residents and non residents of Guernsey. The trustees would be willing to accept minimum pension transfers of £250,000 into the plan and invites members to join the scheme who are either looking to retire, work or live abroad or who are already non UK resident.

Please contact us to discuss your specific requirements in more detail.