Where are you planning to retire to? As long as it is not the United Kingdom, getting a QROPS could be a great way to reduce your tax bill in retirement.

Qualifying Recognised Overseas Pension Scheme are those that have been approved as foreign schemes by HMRC. To be a QROPS, the scheme must be regulated and taxed as a pension in its own country, but must also be in a place with a Double Taxation Agreement with the United Kingdom.

Why do QROPS destinations need a DTA?

The re...