Pension
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.
Best Practice | 31 Oct 16
Pound volatility sees UK pension holders seeking more advice
The volatility of the pound has seen a significant uptick in people seeking advice on moving British pensions abroad, which could see hundreds of millions of pounds driven overseas, says deVere Group chief executive Nigel Green.
Retirement | 27 Oct 16
Australian Rops get STM super boost
STM Group Australia’s managing director Stuart Denness is looking to re-energise and reinvigorate the country’s recognised overseas pension scheme (Rops) market following two years of uncertainty.
Retirement | 26 Oct 16
HMRC data shows £7.6bn withdrawn since UK pension reforms
Nearly £7.6bn ($9.2bn, €8.5bn) has been paid out of UK pensions since reforms came into effect in April last year, according to the latest figures published by HM Revenue & Customs (HMRC).
Tax & Regulation | 24 Oct 16
Call to end tax allowance taper as UK Autumn statement nears
After scrapping the secondary annuity market and potentially softening the non-dom tax changes, is the annual pension savings allowance taper the next thing that should go?