Retirement
Best Practice | 16 Feb 17
Mixed responses to UK pension scam consultation
The UK government’s consultation on tackling pension scams received mixed responses, as it acknowledged that the pension freedoms may have contributed to the rise in scams.
North America | 15 Feb 17
All Canadian schemes removed from HMRC Rops list
UK pension transfers to Canada have been effectively blocked after the three remaining Canadian recognised overseas pension schemes (Rops) were removed from HM Revenue & Customs’ (HMRC) list on Wednesday.
Retirement | 14 Feb 17
UK taxman shutting down online Rops service
HM Revenue & Customs (HMRC) will close its online service for managing recognised overseas pension schemes (Rops) on 5 April 2017, as it is no longer collecting the information the taxman needs.
Retirement | 14 Feb 17
Scam risk higher for small and overseas pension schemes
Overseas pensions and small self-administered schemes (Ssas) “present the greatest risk of being used as vehicles for scams”, the Pensions and Lifetime Savings Association (PLSA) has said.
Retirement | 13 Feb 17
Sipp complaints to ombudsman over risk suitability down 12%
Complaints about self-invested personal pension scheme (Sipps) investments not matching client risk appetites declined by a third over the past two years, according to new figures obtained by UK IFA firm Salisbury House Wealth.
