Retirement | 1 Jul 15
Providers ‘still struggle’ with pension freedom demands
Sectors of the UK pensions industry are “still struggling” to meet customer demands nearly three months after the new freedoms were introduced, FCA figures have revealed.
Retirement | 1 Jul 15
HMRC scraps thousands of QROPS from overseas pensions list
HM Revenue & Customs has dropped thousands of QROPS from its recognised overseas pension schemes (ROPS) list, with Australian schemes faring the worst.
Tax & Regulation | 30 Jun 15
Belvedere-owned Kijani funds go into liquidation
Cayman Islands-based, Kijani Resources, which is owned by troubled offshore fund house Belvedere Management Group, has gone into liquidation after its parent business was taken over by the island’s monetary authority earlier this month.
United Kingdom | 30 Jun 15
Jersey foreign direct investment passes £65bn
Jersey has attracted more than $65bn and distributed over $75bn annually, according to a new report commissioned by Jersey Finance, the representative body for the crown dependency’s financial community.
Retirement | 30 Jun 15
HMRC confirms Australian super funds are no longer QROPS
HM Revenue & Customs has confirmed that Australian superannuation funds no longer meet the requirements to be considered a Qualifying Recognised Overseas Pension Scheme (QROPS), according to the Australian Superannuation Funds Association (ASFA).