Qrops
Best Practice | 4 Oct 16
Industry divided on UK plans to relax pension transfer rules
The UK government’s plans to potentially scrap the current ‘advice safeguard’ on some overseas pension transfers has met with a mixed response from the financial services industry, with some experts welcoming the move while others believe it will put consumers at risk of being targeted by fraudsters.
Retirement | 3 Oct 16
Strabens Hall warns Rops fees outweigh benefits
Strabens Hall, the international IFA firm with offices in London and Hong Kong, has advised clients against using recognised overseas pension schemes (Rops), warning that the high charges incurred with using the product can often outweigh the tax advantages they offer.
Tax & Regulation | 30 Sep 16
Insights into new regulations in S.Africa, UAE, and Isle of Man
How will new mutual fund regulation in the UAE impact on portfolio bonds and unit-linked funds?
STM to buy London & Colonial, Rops fee waiver impacts results
STM Group has entered into a conditional agreement to acquire UK Sipp provider London & Colonial and its subsidiaries for nearly £5.4m ($7.2m, €6.4m).
IVCM targets int’l investors with relaunched New Zealand Rops
IVCM, formerly Brooklands Pensions, is reopening its New Zealand recognised overseas pension scheme (Rops) and will include funds managed by Emirates NBD Asset Management and Vanguard Investments Australia.