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Qrops name dropped in Isle of Man rebrand

Isle of Man-based The Qrops Bureau has rebranded as QB Partners to reflect the broader scope of technical support it offers to financial advisers and product providers.

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The Qrops Bureau was launched in 2009 with the primary aim of giving independent technical support on Qrops and other areas of international pensions planning.

In June of this year, it launched Qteps which is its trust and estate planning service for independent financial advisers.

David White, managing director of QB Partners, said: “The Qrops Bureau has always been a solutions driven service and we have developed a wide range of international pensions planning capability since our launch in 2009. The launch of our trust and estate planning service earlier this year signalled our intention to offer advisers a wider range of support in those areas in which they need technical back up from an independent specialist.”

He added that as the business continues to evolve they wanted to establish a brand which could be built on going forward.

“QB Partners retains some continuity with The Qrops Bureau as a brand and is the same people, offering the same service, but with a wider range of solutions. QB Partners will work in partnership with financial advisers and product providers,” he said.

White recently commented on how the UK’s Financial Conduct Authority realised the pension transfer market had evolved rapidly and that demand for these transfers is higher than ever before.

He has also said that there many advisers who are now treating Sipps rather than Qrops as the default options for UK clients who have retired overseas.

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