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Can I Transfer QROPS Back To The UK? SIPP vs QROPS ??A Qualifying Recognised Overseas Pension Scheme (QROPS) is an overseas pension scheme that HMRC recognises as eligible to receive UK transfers from registered. You can only transfer your UK pension to a Retirement Plan or Pension Plan in Canada if the receiving arrangement has QROPS status. By moving your UK pension over to a QROPS Canadian RRSP, at retirement, your pension will be paid in Canadian dollars. This avoids a fluctuating exchange rate.
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