Gibraltar
Sovereign Group cuts fees on Rops
International pensions provider Sovereign Group has removed ‘ad hoc’ transactional fees from all its new and existing recognised overseas pensions scheme (Rops) products.
UK could be ‘held hostage’ in Brexit talks over Gibraltar
Spain could use the British overseas territory of Gibraltar to hold the UK “hostage” in the final negotiations over Brexit, causing serious problems for businesses, according to former UK foreign secretary William Hague.
STM to buy London & Colonial, Rops fee waiver impacts results
STM Group has entered into a conditional agreement to acquire UK Sipp provider London & Colonial and its subsidiaries for nearly £5.4m ($7.2m, €6.4m).
Tax & Regulation | 6 Sep 16
HMRC sets date for UK VAT charge on international insurers
New UK VAT rules are set to hit Gibraltar and Channel Islands based insurers when they are introduced on 1 October.
Best Practice | 9 Aug 16
STM sees bumper July following Qrops fee waiver
Waiving the establishment fee for new qualifying recognised overseas pension schemes (Qrops) saw STM Group’s new business applications hit their highest level for 12 months in July.