Growing awareness in East Asia of need to save

Growing awareness in East Asia of need to save...

A growing awareness of the need for individual responsibility and importance of long term savings is revealed in a new study on retirement attitudes in East Asia.

Published : 10, Jul 2012
guernsey unveils strategy to revive qrops

guernsey unveils strategy to revive qrops

Guernsey Treasury minister Gavin St Pier has unveiled a package of changes to the way certain types of pension schemes in the island are taxed, in an effort to restore Guernseys lately-embattled pensions administration industry.

Published : 3, Jul 2012
qatar regulator decides against allowing qrops

qatar regulator decides against allowing qrops...

After weighing up the pros and cons of amending its regulatory framework to allow qualifying regulated overseas pension schemes to be set up in the Qatar Financial Centre, the Qatar Financial Centre Regulatory Authority has decided against it.

Published : 2, Jul 2012
gibraltar pension industry formally sets out

gibraltar pension industry formally sets out

Gibraltar formally set out its stall today for the third-country QROPS market, with a pledge to maintain the highest standards.

Published : 27, Jun 2012
gib pension fund administrators begin to move

gib pension fund administrators begin to move

Pension fund administrators are gearing up for the resumption of pension transfers to Gibraltar, in the wake of the news that legislation that is seen as making such transfers possible again was passed by Gibraltars Parliament on Friday.

Published : 26, Jun 2012
gibraltar parliament paves way for qrops

gibraltar parliament paves way for qrops

The Gibraltar Parliament has paved the way for QROPS to return to the jurisdiction, by approving proposed amendments to its income tax legislation that, officials say, will satisfy the concerns of Britains tax authorities.

Published : 24, Jun 2012
manulife launches retirement product with critical

manulife launches retirement product with critical...

Manulife, the Canadian headquarter life insurance company, has launched MyChoice, a new retirement savings plan offering critical illness benefits.

Published : 22, Jun 2012
rosiip clients granted group litigation order

rosiip clients granted group litigation order

The aggrieved clients of the Panthera ROSIIP QROPS have been granted a Group Litigation Order by the UKs High Court, allowing them to bring a case against HM Revenue & Customs in relation to the government departments decision to charge the clients a 55% tax charge on assets transferred to the scheme.

Published : 22, Jun 2012
rosiip investors take legal action on hmrcs 55 tax

rosiip investors take legal action on hmrcs 55...

More than 120 investors who transferred their UK pensions into the Singapore based ROSIIP QROPS are taking legal action against HM Revenue & Customs after the Revenue threatened them with a 55% tax charge following its removal from the list of registered schemes in 2008.

Published : 22, Jun 2012
gibraltar parliament to consider qrops law today

gibraltar parliament to consider qrops law today...

The Gibraltar Parliament is today due to take its first look at a Bill which would introduce Qualifying Recognised Overseas Pensions Schemes to the jurisdiction.

Published : 21, Jun 2012
skandia intl moves to multi jurisdictional qrops

skandia intl moves to multi jurisdictional qrops...

A new QROPS strategy has been announced by Skandia International, as the company moves from a one provider arrangement with Guernsey based Concept Group, to a multi-jurisdictional structure.

Published : 18, Jun 2012
boal co pushes select qrops into new markets

boal co pushes select qrops into new markets

Isle of Man-based QROPS provider Boal & Co. has re-launched its Select scheme, following the recent shake-up of the overseas pension rules by HM Revenue & Customs.

Published : 1, Jun 2012
guernsey tax office indicates hmrc may permit

guernsey tax office indicates hmrc may permit

HM Revenue & Customs has told Guernsey officials that it is willing to reconsider allowing some "domestic" Guernsey QROP schemes that were delisted in April to regain their status, following negotiations with Guernseys Income Tax Office.

Published : 1, Jun 2012
gib pension funds group praises rocks new regime

gib pension funds group praises rocks new regime...

An organisation representing pension fund administrators in Gibraltar has released a statement praising the British overseas territorys proposed new tax regime for pensions.

Published : 28, May 2012
qrops status for domestic guernsey schemes

qrops status for domestic guernsey schemes

The Guernsey income tax office is believed to be close to securing QROPS status from HM Revenue & Customs for domestic pension schemes.

Published : 24, May 2012
retirement funding gap is universal

retirement funding gap is universal

The retirement funding gap, regularly at the top of the news agenda in the UK, is a global issue, according to a survey of advisers based around the world.

Published : 23, May 2012
london and colonial revives plan to launch qrops

london and colonial revives plan to launch qrops...

London & Colonial, the London-based investment products distributor and administrator, said it is reviving a long-harboured plan to establish a QROPS in Gibraltar, in the wake of news that the territory plans to amend its pension legislation in an effort to accommodate pension transfers.

Published : 23, May 2012
gibraltar goes ahead with plans to revive qrops

gibraltar goes ahead with plans to revive qrops...

Gibraltar has published a bill to amend its its pension regulations, as it seeks to revive its currently dormant QROPS industry confirming reports earlier this year that it was considering such a move.

Published : 11, May 2012
NZ's SuperLife refutes report it is ending transfers

NZ's SuperLife refutes report it is ending transfers...

SuperLife Ltd, the major New Zealand superannuation and financial services provider, has refuted a report that it is not accepting any more transfers into its Kiwisavers QROP scheme.

Published : 11, May 2012
qrops are for migrant workers pensions

qrops are for migrant workers pensions

Pension industry experts today expressed surprise over the wording of newly-issued clarification by HM Revenue & Customs, of its decision to leave hundreds of QROP schemes off of its revised QROPS list last month.

Published : 9, May 2012

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