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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.

UK taxman shutting down online Rops service

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.

Scam risk higher for small and overseas pension schemes

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.

Sipp complaints to ombudsman over risk suitability down 12%

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.

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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.