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Retirement

qrops industry surprised by HMRC Guernsey move

Retirement | 11 Apr 12

qrops industry surprised by HMRC Guernsey move

News that HM Revenue & Customs is taking a harder line with third country UK pension transfers to Guernsey has been met with surprise by many in the QROPS industry but possibly not as much as might be expected.

guernsey pension providers call for clarification

Retirement | 10 Apr 12

guernsey pension providers call for clarification

The association representing Guernsey’s pension providers has expressed concern over a surprise revelation that HM Revenue & Customs will only permit Guernsey pension schemes which cater for Guernsey residents to appear on its revised list of QROPS providers.

QROPS only to be for residents, Guernsey says

Retirement | 10 Apr 12

QROPS only to be for residents, Guernsey says

HMRC has informed Guernsey officials that going forward, Guernsey pension providers will only be permitted to accept transfers of the UK pensions of Guernsey residents, a Guernsey government statement has revealed.

jersey finally lodges qrops legislation

Retirement | 4 Apr 12

jersey finally lodges qrops legislation

Jersey authorities today finally lodged legislation that is designed to pave the way for the UK pensions of non-Jersey residents to be transferred there.

HMRC formally issues QROPS guidance

Retirement | 29 Mar 12

HMRC formally issues QROPS guidance

HM Revenue & Customs yesterday published a 21-page QROPS guidance paper that bore an uncanny resemblance to a 19-page document that, briefly, appeared on the Revenues website earlier this month.

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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.