QROPS

If you have a UK pension and currently live in Germany, or intend living in Germany, and you remain a non-resident of the UK for five years or more, you should consider a QROPS transfer.

A QROPS (Qualifying Recognised Overseas Pension Scheme) is an overseas pension scheme, recognised by HMRC that meet certain conditions and standards equivalent to a UK pension. Therefore any UK pension can be readily transferred to an overseas scheme, provided that the overseas scheme is registered with HMRC as a QROPS.

Currently there are numerous QROPS funds in Germany, however you may do better to move your UK pension funds to a QROPS in a neutral jurisdiction such as Guernsey or the Isle of Man, giving you greater long-term flexibility.