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Retirement

Revisiting retirement plans after the Qrops tax bombshell

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.

UK pension transfer risks rise for investors and advisers

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

Europe | 10 Apr 17

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.

IVCM on why Australia is still a ‘huge market’ for Qrops

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.

Harbour Pensions sees Qrops rise in EEA market despite 25% tax

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).

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.