Qrops
Best Practice | 7 Jul 16
The post-Brexit Qrops landscape
International pensions such as Qrops are certainly going to feel the economic impacts of the UK’s decision to leave the European Union, but there will also be many other effects on these products, says David White, a founding partner at The QROPS Bureau.
Best Practice | 4 Jul 16
Brexit vote may call for early move into Qrops, says OMW
The real possibility that rules surrounding offshore pension transfers could change following the outcome of the UK’s EU referendum means advisers considering such a move for their clients may be wise not to delay, says Darren Jones, head of technical sales for Old Mutual International, part of Old Mutual Wealth.
Business as usual for Qrops, says STM
UK citizens will still be able to transfer their pensions to Europe via a qualifying recognised overseas pension scheme (Qrops) despite Britain voting to leave the European Union, says Alan Kentish, interim chief executive of STM Group.
L&C to fund new acquisition with management buyout
Qrops provider London & Colonial (L&C) is planning a management buyout of its business in order to help fund new acquisitions, the company has confirmed.
Qrops specialist Momentum launches free transfer UK Sipp
Malta-based pension specialist Momentum Pensions has launched a self-invested pension product (Sipp), giving the firm’s 5,000 expat clients the option to switch their Qrops, for free, into a Sipp, should they decide to move back to the UK.