Horizon Smart QROPS
Overview
Guernsey residents may benefit from this entry level QROPS accepted scheme to consolidate their pensions. This multi‑member scheme is accepted by UK HMRC as a Qualifying Recognised Overseas Pension Scheme or more commonly known as QROPS and therefore is able to accept UK registered pension transfers.
The scheme is designed to facilitate smaller UK pension transfers above £15,000. Investment management is provided by a Discretionary Investment Manager via a pooled investment approach to minimise costs.
As a multi‑member scheme with one master Trust Deed, a “Member‘s Fund” is established for each “Member” and is segregated from other Members’ assets and held for the benefit of the designated Member only.
The Horizon Smart Plan is open to Bailiwick of Guernsey residents over 18 years of age.
Gower Pensions Management Limited (GPML) often work alongside financial and professional advisers. GPML does not offer advice whether financial, investment, legal or tax advice. Applicants are recommended to obtain appropriate advice (tax, investment, legal and financial) prior to proceeding with a Plan.