Qualifying Recognised Overseas Pension Schemes
Rops list sees Aussie rebound but Channel Islands wane further
After missing its Monday deadline, HM Revenue & Customs released an updated recognised overseas pension scheme (Rops) list on Wednesday that saw Australian scheme numbers rise, while Guernsey and Jersey continued their declines.
Nine countries dropped as Qrops list culled by 30%
Nine countries were dropped and one added when HM Revenue & Customs updated its list of qualifying recognised overseas pension schemes (Qrops) on Tuesday after it was temporarily suspended following drastic changes to overseas pension transfers.
STM scopes out Australian QROPS offering as business booms
International pensions administrator STM Group is looking to offer QROPS tailored for UK expats in Australia after HMRC scrapped thousands of schemes from its approved list in July.
DeVere suspends affiliated QROPS information website
Independent financial advisory firm deVere Group said it has temporarily suspended an affiliated web site that offered information and advice on UK pension transfers into Qualifying Recognised Overseas Pension Schemes (QROPS)