How YOU will benefit
Your pension remains under UK rules.
Your pension funds are invested in US$’s.
You have access to investment advice from a
USA based Registered Investment Adviser.
Your investment is managed by one of America’s
leading fund managers.
Low annual management charges.
You have access to your account online 24/7.
You can take 25% of your fund as tax-free cash
from age 55*.
Your benefits are paid in US$’s from age 55.
US$ annuity purchase
Existing clients will have no transfer charges
when you move to AMVEST.
* It is our understanding that the UK/USA tax treaty
specifically protects the tax-free nature of pension
cash lump sums. However, we cannot guarantee that
individual IRS officers will agree with this interpretation.
Frequently Asked Questions
When considering the launch of this product we had
a number of considerations:
What are the alternatives?
The only alternatives are to either remain in your
present UK arrangement, or choose an offshore
‘USA friendly’ QROPS product in the Channel
Islands, Isle of Man or Malta, however, the latter
may include significant risks and costs as discussed
Would it be better for me to remain in a UK
pension in case an American QROPS product
becomes available in the future?
AMVEST remains under UK rules, so should QROPS
transfers to the USA (such as an IRA or 401(k))
become available at any point in the future, you
will still be able to transfer.
Would a 401(k) or an IRA offer better benefits?
We believe that the tax-free cash lump sum and
income paid under a UK SIPP are as good as the
potential benefits of an IRA or a 401(k), so a QROPS
transfer to these products may not be in your
interests, even when they do become available.