I dont know if it will help anybody looking at this thread but a friend of mine who is a UK investment and pensions expert is actually advising some of the large offshore financial consultancy and accountancy practices with what policy should be in terms of client advice.
If anybody thinks they would like to have a consultation with them let me know and I will exchange details. They are regulated and if there is no benefit to the pension holder for whatever reason then they will advise accordingly. They provide an extensive written report and explanation as to what their recommendations are. I am not a pensions expert so please dont ask me what qualifies and what doesnt but I do know that it can prove quite beneficial to the client in the right situation. Perhaps I should start a separate thread under QROPS?