OEICs, ETFs, QROPS --- which way to turn?

[artengill]

Hi,

My son, who emigrated to the USA, has been forced to sell his OEIC holdings he had in his SIPP at HL. However HL have contacted him and stated that although the US government does not allow him to hold OEICs he can hold ETFs. Therefore he can use the cash to buy ETFs!! Whilst I appeciate that ETFs are tracker funds and may not make the potential gains of managed funds (or for that matter the losses of badly managed funds) are there any other pit-falls?
The other alternative is to move this cash into a QROPS scheme in the USA. But I read somewhere that this could incur a 25% transfer fee/penalty.
I think he is going to need specialist financial advice. In the meantime can anyone point me in the direction of an informative website.

Thanks

Mike