Retirement

Retirement | 17 Apr 13

Guernsey headquartered Gower Pension Management has launched a QROPS “lite”, offering those with smaller schemes a lower cost way to transfer their pension into the overseas pension product.

Retirement | 8 Apr 13

A further tranche of investors in the now defunct ROSIIP QROPS have been contacted by HMRC informing them they have to pay an “unauthorised payment” charge of up to 55% of the value of their pension.

Retirement | 5 Apr 13

UK pensioners living abroad are in many cases significantly worse off financially than they were ten years ago, according to recent research.

Retirement | 4 Apr 13

The UK is resuming pension and benefit payments to individuals living in Cyprus with bank accounts there, which had been suspended last month during the banking crisis. Some pensioners with accounts in Cypriot banks in Greece had also seen their payments frozen.

Retirement | 21 Mar 13

A month after the UK’s Pensions Regulator announced a campaign aimed at cracking down on companies that entice Britons to access their pension pots before the age of 55, BBC Radio 4 is to broadcast a 28-minute programme on the subject.