QROPS for US tax payers

In quantifying the effect for "expense and poor investment choices" (quoting nun), we came to the view that all the QROPS we considered would perform at least 5% p.a. worse than that the client would expect to do with an untrammelled 100k of assets. Or, if you like most of the trend average return.

In quantifying the effect for "expense and poor investment choices" (quoting nun), we came to the view that all the QROPS we considered would perform at least 5% p.a. worse than that the client would expect to do with an untrammelled 100k of assets. Or, if you like most of the trend average return.

To my uneducated mind performance will be a combination of investment return on the kinds of investments permitted within the wrapper; less fees charged and tax payable if the tax was capable of estimating.

My problem with the QROPS schemes I've looked at is the lack of transparency when it comes to fees. I would never invest without fully understanding the costs and investments offered. With the US/UK treaty in place and the recent UK pension liberalization QROPS for US tax payers don't seem very sensible to me.


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