Chorus Financial is an award-winning, privately owned brand based in Spain. Our team have over 30 years combined experience in investing and advising British families on their pensions, savings, investments & tax planning.



+34 965 641 163

Carretera del Cap de la Nau Placita, 122, 03730, Javea

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The Expat Pension Guide to SIPPs and ROPS

With the new decade marking the departure of the UK from the European Union, careful pension planning for British expats has never been more crucial.

The Chorus Financial FREE SIPPs vs ROPS Guide runs through these popular forms of overseas pension schemes and highlights the differences between the two.

Each scheme will offers different advantages so it is important to seek professional support when selecting the right product for your specific circumstances while providing you with an income stream and investment security.

Pension transfers come in a variety of forms, the best option for you will depend on the pension products you already hold, when you plan to retire, and what your retirement plans need you to budget for.

Our complimentary Guide explores two core pension products:

  • SIPPs – Self Invested Personal Pensions.
  • ROPS – Recognised Overseas Pension Schemes.

If you are in any doubt as to what benefits each of these schemes offers, why they are critical to overseas UK nationals seeking retirement security, or what rules surround international pension fund transfers, download your copy today.

Investing in Overseas Pension Funds

There are lots of things to consider when deciding on the right retirement strategy  and they will influence what type of pension structure we would recommend, and why.

A pension review is key to your retirement comfort, as is  selecting the right product. Your decision will impact:

  • How much cash you can transfer from your retirement fund – and at what tax rate.
  • Whether there are guarantees in place as to the minimum pension income you can expect.
  • How exposed your pension funds are to risk, and whether that matches your risk exposure appetite.
  • Where you live now, when you plan to retire, and whether that impacts the value of your existing pension products.
  • What your objectives are for the future, and what financial stability you require from your pension schemes.

Pensions are diverse and the transfer rules between UK pension schemes and overseas schemes will determine the ideal option.

Once the UK’s departure from the EU is complete, there is potential that a new Overseas Transfer Charge will be introduced into British tax legislation. This change will have a significant impact on the best way to manage your retirement funds as an expat living abroad.

We recommend downloading your free SIPPs vs ROPs Guide, to learn about the pros and cons of each. Seeking professional guidance from an experienced expat retirement adviser will make sure your future is safely prepared for.

Retirement is a time of life that you should be able to look forward to and reap the rewards for years of hard work. To achieve that, planning will pay dividends in safeguarding your retirement wealth and protecting the value of your assets.

With 10 years experience working with expat clients on the Costa Blanca in Spain, Tracy has built a reputation as one of the most respected and trusted financial planners in Spain. Tracy offers expertise in local tax and financial planning, an outstanding track-record of investment portfolio management alongside her dedication to providing the highest level of client service.

Tracy maintains a happy client base across the whole of the Costa Blanca, and her personal approach means she is often on the road visiting clients, running seminars and speaking on the radio and at various clubs, organisations and societies.

Tracy is a current member of the Chartered Insurance Institute, and is one of the few advisers in Spain who has passed the European Financial Planners Association Securities Exam. Tracy is a European Investment Practitioner under the EFPA España. Tracy also holds the CISI International Introduction to Investment Award, CISI Level 3 Certificate in Wealth Management, and R01 (Level 4 CII). Tracy keeps up to date with both Spanish and UK financial regulation through regular exams and ongoing professional development in accordance with regulatory requirements.