Qrops
Retirement | 14 Nov 14
Have pension will travel
Expatriates looking for greater income freedom and estate-planning options for their UK pension savings will no longer need to transfer to a qualifying recognised overseas pension scheme (QROPS) and wait for 10 years. These freedoms will be available back home within six months without having to transfer overseas.
Retirement | 23 Oct 14
QROPS to receive same flexibility as UK pensions
The Taxation of Pensions Bill, debated in Parliament last week, will ensure additional benefits available on UK registered pension schemes will be open to QROPS, contrary to some early interpretation.
United Kingdom | 15 Oct 14
Another blow to QROPS
In the Taxation of Pensions Bill, debated in the House of Commons yesterday, and accompanying notes published by HMRC, a new requirement for QROPS to be tested against the lifetime allowance (LTA) more than just at crystallisation, has been inserted.
Brooklands offers new Malta QROPS
Brooklands Pensions has partnered with Trireme Pension Services to add a new Malta-based QROPS to its product range.
Retirement | 8 Oct 14
Unbounded QROPS withdrawal much ado
A Government consultation on granting QROPS a 100% withdrawal allowance has been labelled “much ado about nothing” by a leading figure in the international pensions industry.