Retirement
New Zealand considers wealth tax and foreign ownership limits
New Zealanders could face a wealth tax and a broader capital gains tax if plans being considered by a tax working group are pushed through.
Sipp provider hit with £3m in compensation claims
Carey Pensions, a self-invested personal pension (Sipp) provider, is being taken to the UK High Court on claims potentially worth up to £3m (€3.39m, $4.15m) for working with unregulated introducers who sold “unusual investments”.
Best Practice | 28 Feb 18
Two retirement scenarios where a Qnups comes into play
Despite a fanfare at launch, seven years on the Qualifying Non-UK Pension Scheme has not proved hugely popular even though it can offer useful advantages.
Pension freedoms ‘concern’ Isle of Man providers
There was a “critical lack of transparency” by the Isle of Man’s treasury minister in the lead up to introducing pension freedoms for the island, the chair of the jurisdiction’s association of pension scheme providers told International Adviser.
Best Practice | 23 Feb 18
How new Isle of Man pension freedoms differ starkly from the UK
The Isle of Man budget on 20 February introduced the concept of pension freedoms to the island’s pensions legislation, setting out some stark differences to the already established UK rules.