QROPS enhancement

Best For: Complex or bespoke QROPS and advanced tax planning.

Cost: 7/10 - They are one of the more expensive options for standard QROPS cases.
Service: 7/10 – Reasonable processing times but investment switches in particular can be slow.
Overall: 7/10 – Unless you have a complex situation there are better options available.

Company Overview:

Boal & Co is a firm of international actuaries & consultants specialising in advice to offshore insurance companies and pension schemes.

They offer QROPS in multiple jurisdictions mainly in the Isle of Man and Gibraltar. They have several schemes available although the jurisdictions are not as appealing as when QROPS was first launched back in 2006 due to the pension authorities reluctance to adapt to recent UK pension changes.

Due to their tax specialisation they can be very good for more complex cases that other firms are unable or unwilling to accommodate.

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Boal & Co - Independent Review

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