Copia launches managed portfolios targeted at decumulation

Copia launches managed portfolios targeted at...

Copia Capital Management, the discretionary fund management division of Novia Financial, has launched a range of managed portfolios purpose-built for decumulation.

Published : 24, Mar 2017
More firms in the FCA firing line after Holborn sanctions

More firms in the FCA firing line after Holborn...Lock icon

Several more firms are at risk of being sanctioned by the Financial Conduct Authority (FCA) as the regulator steps up action against international IFA firms specialising in overseas pension transfers, says Tim Searle, chairman of Dubai-based advisory firm Globaleye.

Published : 23, Mar 2017
Gibraltar names date for Qrops test regulations to go live

Gibraltar names date for Qrops test regulations...Lock icon

Gibraltar’s government has revealed that it will put in place personal pension regulations "on or before 31 March", enabling the jurisdiction’s Qrops to retain their status.

Published : 23, Mar 2017
Treasury ruling out pension raid for now claims AJ Bell

Treasury ruling out pension raid for now claims...

AJ Bell is claiming that the UK Treasury has ruled out changes to pension tax relief within the next few years, despite government sources suggesting that this is on the agenda after the post Spring Budget climbdown on national insurance contribution rises for the self-employed.

Published : 22, Mar 2017
Holborn Assets ordered to immediately cease pension transfers

Holborn Assets ordered to immediately cease pension...Lock icon

The UK Financial Conduct Authority has ordered Holborn Assets Ltd to immediately cease all pension transfer business, particularly that introduced by overseas advisers.

Gibraltar ‘in danger’ of losing Qrops status

Gibraltar ‘in danger’ of losing Qrops statusLock icon

Gibraltar must put in place a system for regulating personal pensions in just over two weeks to enable the jurisdiction’s Qrops to retain their status and continue to operate in the market.

Published : 21, Mar 2017
Why the new Qrops five-year circumstance change is critical

Why the new Qrops five-year circumstance change...

Many advisers woke up last Thursday morning aware their pipeline Qrops business had just been vastly reduced, says James Pearcy-Caldwell, co-founder of fee-based adviser Aisa International.

Published : 15, Mar 2017
Scotland could become jurisdiction for ‘new type of Qrops’

Scotland could become jurisdiction for ‘new type...

An independent Scotland could be the base for a “new type of Qrops”, a leading law firm's pensions expert has predicted.

Published : 14, Mar 2017
DeVere’s Nigel Green to review Qrops unit in group restructure

DeVere’s Nigel Green to review Qrops unit in group...

DeVere Group chief executive Nigel Green has launched a strategic review of the company’s business which will factor in the surprise Spring Budget announcement of a 25% overseas pension transfer charge on Qrops plans in some markets and particular circumstances.

Published : 14, Mar 2017
Qrops charge ‘inadequately consulted’ but good for Malta

Qrops charge ‘inadequately consulted’ but good...

The UK government’s unexpected decision to impose a 25% charge on some overseas pension transfers “lacked adequate consultation” but is positive for Malta and the wider pension industry, said the Malta Association of Retirement Scheme Practitioners (MARSP).

Published : 13, Mar 2017
STM concedes UK’s tax charge to hit 80% of new Qrops business

STM concedes UK’s tax charge to hit 80% of new...

Cross border financial services provider STM Group has revealed that the UK’s shock decision to impose a 25% charge on transfers to foreign pension schemes will affect 80% of its new Qrop business.

Published : 9, Mar 2017
Edgy deadlines for Qrops market, devil in planning detail

Edgy deadlines for Qrops market, devil in planning...Lock icon

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.

Published : 9, Mar 2017
What to expect from the last ever Spring Budget

What to expect from the last ever Spring Budget...Lock icon

There has been little buzz around the last-ever Spring Budget taking place on 8 March, ahead of triggering Article 50. International Adviser has pulled together views from the industry about what it expects or would like to see addressed when the chancellor takes to the despatch box.

Ailo publishes guide to moving overseas from UK

Ailo publishes guide to moving overseas from UK...

The Association of International Life Offices (Ailo) has published a 'Guide to Moving Abroad', designed to assist advisers with clients planning to leave the UK to work or retire.

Published : 1, Mar 2017
DeVere probe ushers in ‘new era of regulatory oversight’

DeVere probe ushers in ‘new era of regulatory...Lock icon

The Financial Conduct Authority’s (FCA) investigation into deVere UK, launched after the regulator banned the firm from writing pension transfer reports, is “just the beginning”, according to Geraint Davies, managing director of Montfort International, with other firms also likely to be caught out.

Published : 28, Feb 2017
Why all int’l advisers must pay attention to the UK regulator

Why all int’l advisers must pay attention to the...Lock icon

The trouble with retirement planning is that there are many different rules and regulations as successive governments add their stamps to the way we save for and use our pension pots.

Published : 27, Feb 2017
Drawdown beats annuities but pension cash is king

Drawdown beats annuities but pension cash is king...Lock icon

More than half of UK pension pots accessed for the first time were withdrawn entirely as cash lump sums in Q3 2016. Drawdown proved twice as popular as annuities but a fall in the number of people seeking advice before making pension decisions has some in the industry concerned.

Published : 24, Feb 2017
UK's Prudential to enter DB transfer advice market

UK's Prudential to enter DB transfer advice market...

UK insurance giant Prudential said it will begin offering clients advice on the increasingly contentious area of defined benefit (DB) pension transfers.

Published : 23, Feb 2017
Average life expectancy on the rise around the world

Average life expectancy on the rise around the...Lock icon

Average life expectancy in high income countries such as the UK, Germany, the US, Australia and Canada is set to increase by 2030 while South Koreans are likely to live the longest, according to research published in the British medical journal Lancet.

Published : 22, Feb 2017
Castle Trust launches multi-jurisdictional Rops

Castle Trust launches multi-jurisdictional Rops...

Gibraltar-based Castle Trust Group has launched the Centurion Retirement Plan featuring recognised overseas pension schemes (Rops) in Gibraltar and Malta that allow free switching between the schemes and jurisdictions to suit clients’ changing needs.

Published : 22, Feb 2017

Sponsored Content

UK to 'raid pensions' to fund U-turn on self-employed tax hike
UK to 'raid pensions'...

The UK Treasury is reportedly considering a fresh raid...

Holborn Assets ordered to immediately cease pension transfers
Holborn Assets ordered...Lock icon

The UK Financial Conduct Authority has ordered Holborn...

Gibraltar ‘in danger’ of losing Qrops status
Gibraltar ‘in danger’...Lock icon

Gibraltar must put in place a system for regulating...

More firms in the FCA firing line after Holborn sanctions
More firms in the FCA...Lock icon

Several more firms are at risk of being sanctioned...

Sarah Lord to leave Killik & Co
Sarah Lord to leave Killik...Lock icon

Sarah Lord, one of the most highly qualified female...

OTHER STORIES FROM LAST WORD...