Guernsey
Retirement | 1 Oct 15
Guernsey gives green light for flexi-drawdown changes
Guernsey’s Government has passed legislation allowing flexi-drawdown for its international pension plans, including delisted QROPS funds.
United Kingdom | 28 Sep 15
Guernsey Q2 bank deposits up but FUM shrinks
Guernsey banking deposits rose £6.1bn over the past year to reach £83.6bn as 112 new additions joined the island’s investment funds listing.Guernsey banking deposits rose £6.1bn over the past year to reach £83.6bn as 112 new additions joined the island’s investment funds listing.
Retirement | 24 Sep 15
Guernsey flexi-drawdown plans impact delisted QROPS
Guernsey States looks set to introduce legislation allowing flexi-drawdown to come into force on 2 October, with implications for the £2bn worth of delisted QROPS on the island.
Alternatives | 10 Sep 15
Guernsey opens market to EU-based AIFs
Guernsey has extended its market access to alternative investment fund managers and AIF funds from EU member states that have fully implemented the Alternative Investment Fund Management Directive (AIFMD).
Retirement | 24 Aug 15
Case against delayed Guernsey QROPS transfer thrown out
A case against pension administrator Capita which claimed there were “unreasonable delays” to an overseas pension transfer has been rejected by the Pensions Ombudsman Service (POS).