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Ten industry views on the Qrops hammer blow

Tax & Regulation | 10 Mar 17

Ten industry views on the Qrops hammer blow

As the week comes to an end in which the Spring Budget slapped a surprise 25% overseas pension transfer charge in particular circumstances, here are the views on what it means from a cross section of the industry.

FCA sharpens scrutiny on pension transfer complaints

Best Practice | 10 Mar 17

FCA sharpens scrutiny on pension transfer complaints

The Financial Conduct Authority has set out a plan to give better redress to those clients who were given unsuitable advice to transfer out of a defined benefit (DB) pension scheme.

Edgy deadlines for Qrops market, devil in planning detail

Retirement | 9 Mar 17

Edgy deadlines for Qrops market, devil in planning detail

Those operating in the Qrops market are now facing three crucial deadlines starting from today, as the implications of the hammer blow of a 25% overseas pension transfer charge applying to client pension pots in some circumstances sink in for advisers, providers and their clients.

Jersey agrees to return money laundering assets to Kenya

Africa | 8 Mar 17

Jersey agrees to return money laundering assets to Kenya

Jersey chief minister Ian Gorst has signed an agreement to allow the return of over £3m ($3.65m, €3.46m) of stolen assets to Kenya.

Int’l life company closures in HK ‘likely in near future’

Asia | 7 Mar 17

Int’l life company closures in HK ‘likely in near future’

Hong Kong will see an acceleration of the departure and downsizing of international life companies unless significant tax measures are taken to secure it as an insurance hub, according to an influential government advisory body.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.