Applying for QROPS Membership
To apply for QROPS Membership, the Applicant, supported by their Professional Adviser, should complete the following forms (in full with the relevant supporting documents). Note: an application checklist is included within the Membership Application Form and is available separately below.
1. QROPS Application Form An authorised request by the Applicant to the QROPS Trustees for acceptance as a Member into the QROPS and includes: selection of specific QROPS, details of existing funds to be transferred, Investment Manager and Professional Adviser details and acknowledgement of fees, terms and conditions.
2. Applicant’s Draft Letter of Authority An Applicant’s authorisation for PANTHERA to speak with the Transferring (existing) Scheme(s) about issues relating to the transfer of assets on behalf of the Applicant. A letter is required for each scheme the applicant is seeking to transfer to the QROPS.
3. Investment Policy Statement Form for Applicants (seeking to invest their QROPS) to outline their Investment Risk Profile and enable the Trustees to fulfil their obligations and understand the Applicant’s Investment Policy.
4A. QROPS Investment Indemnity Form Deed of Indemnity for Trustees in respect of subsequent investment of funds into general asset classes; signed by Applicant, their Investment Manager and two witnesses.
Or:
4B. QROPS Offshore Bonds Indemnity Form Deed of Indemnity for Trustees in respect of subsequent investment of funds into offshore bonds; signed by Applicant, their Investment Manager and two witnesses.
Additional QROPS literature:
- QROPS Membership Application Checklist
- QROPS Summary
- QROPS Brochure
- PANTHERA QROPS Application Process Guide
- QROPS Payment of Benefits Form An Applicant’s or current QROPS Member’s request for:
- Pension Commencement Lump Sum (PCLS)
- Income Payments
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