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  • RE: QROPS From funds solely originated from UK registered pension funds

    In 2012, I left my UK employer of 30+ years and moved from UK to Channel Islands. In 2018, I transferred the pension fund from my former employer to a QROPS in Guernsey and the 'fund' is listed on HMRC's "Check the recognised overseas pension schemes notification list" I am looking to draw PCLS and have been advised the tax-free element does not have a cap/limit in terms of the amount I can withdraw, but it is subject to a limit. However, it has not been confirmed if this limit is 25% or 30% (I have established that some QROPS benefit from 30% limit) How do I establish if my QROPS benefits from 30% limit without a cap, or if it is 25% limit without a cap? Also, can you please confirm HMRC has no interest in receiving details of payments made from the scheme following the 10th anniversary of transfer of the pension pot from UK? Many thanks