Retirement
Best Practice | 16 Apr 17
Revisiting retirement plans after the Qrops tax bombshell
Chancellor Philip Hammond’s Spring Budget contained a game-changing announcement in relation to UK pension transfers to overseas schemes, says Brendhan Harper, head of technical services at Friends Provident International.
Best Practice | 12 Apr 17
UK pension transfer risks rise for investors and advisers
The sharp increase in people transferring out of defined benefit (DB) pension schemes poses risks for investors and the industry, says Tom McPhail, head of policy at Hargreaves Lansdown. His warning comes as the UK’s pension transfer industry remains under close regulatory scrutiny.
Boal & Co signals move away from Asia in Malta Qrops debut
Isle of Man-headquartered Boal & Co has launched its first Malta-based Qrops as part of a strategic shift of marketing these schemes away from the Asia region.
Middle East | 10 Apr 17
IVCM on why Australia is still a ‘huge market’ for Qrops
IVCM’s Cameron Law talks about how British expats retiring to Australia and New Zealand can still transfer their UK pensions into a qualifying recognised overseas pension schemes (Qrops) without incurring the UK’s new 25% tax charge.
Retirement | 10 Apr 17
Harbour Pensions sees Qrops rise in EEA market despite 25% tax
Malta-based Harbour Pensions is predicting “increased interest” in the European Economic Area (EEA) Qrops market after forging a renewed partnership with the Federation of European Independent Financial Advisers (Feifa).