Retirement
Retirement | 30 Jun 15
HMRC confirms Australian super funds are no longer QROPS
HM Revenue & Customs has confirmed that Australian superannuation funds no longer meet the requirements to be considered a Qualifying Recognised Overseas Pension Scheme (QROPS), according to the Australian Superannuation Funds Association (ASFA).
Retirement | 26 Jun 15
ABI urges UK Gov’t to hold fire on second-hand annuities
The Association of British Insurers (ABI) has urged the UK Government to hold fire on its 2016 roll-out of a second-hand annuity market so it can properly ensure consumer protection.
Retirement | 24 Jun 15
HMRC waives penalty charges on KiwiSaver pension transfers
HM Revenue & Customs will waive penalty charges on UK pension fund transfers made between 6 April and 17 June into KiwiSaver schemes which have now lost QROPS status.
Retirement | 24 Jun 15
Low-cost pension planning services launched to fill ‘advice gap’
Free and low-cost pension support services have taken off as more UK consumers look for alternatives to traditional financial advice and the governmental initiative, Pension Wise.
Retirement | 23 Jun 15
QROPS interest grows following UK pension ‘frustrations’
Advisers have reported a growing interest in QROPS as expats grow increasingly “disappointed and frustrated” with the inability of UK providers to accommodate April’s pension freedoms.