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FAQ 39 – What costs are associated with transferring to a QROPS?

This will depend on your individual circumstances and the type of scheme being transferred. Typically the larger the fund the lower the overall cost in percentage terms. Total costs will be between 1.75% to 5% of the transfer value, on fund values between £25,000 and £2 million, plus additional fund management charges and annual administration costs.

Please feel free to contact us if you have any further questions or would like some help with setting up a QROPS.

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