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All Investments within offshore QROPS grow tax free.
Yearly drawdown amounts are more flexible than UK pension arrangements and are tax free at source.
Assets held in QROPS are removed from UK inheritance tax.
Total flexibility on where to invest funds and who to appoint as Investment Manager. The UK has restrictive asset classes you can invest in. In some QROP schemes the beneficiary can even manage his own funds and investments.
No requirement to purchase an annuity at 75 years of age. In the UK this is forced and any remaining pension effectively dies with you.
On your demise your pension pot can be passed on to chosen beneficiaries 'tax free' at source. This is not the case in the U.K as high tax penalties are incurred.
A 25% lump sum or loan can be taken from the pension at the moment it is set up.
Funds can be taken in currency of choice.
Additional assets/cash can be added into QROPS at any time.