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Qrops

HMRC scraps thousands of QROPS from overseas pensions list

Retirement | 1 Jul 15

HMRC scraps thousands of QROPS from overseas pensions list

HM Revenue & Customs has dropped thousands of QROPS from its recognised overseas pension schemes (ROPS) list, with Australian schemes faring the worst.

HMRC confirms Australian super funds are no longer QROPS

Retirement | 30 Jun 15

HMRC confirms Australian super funds are no longer QROPS

HM Revenue & Customs has confirmed that Australian superannuation funds no longer meet the requirements to be considered a Qualifying Recognised Overseas Pension Scheme (QROPS), according to the Australian Superannuation Funds Association (ASFA).

SA advisers anticipate ‘strong’ QROPS interest

Africa | 29 Jun 15

SA advisers anticipate ‘strong’ QROPS interest

South African financial advisers who offer transfers into Qualifying Recognised Overseas Pension Schemes
(QROPS) are expecting strong interest from clients in the coming year, according to a recent survey.

HMRC waives penalty charges on KiwiSaver pension transfers

Retirement | 24 Jun 15

HMRC waives penalty charges on KiwiSaver pension transfers

HM Revenue & Customs will waive penalty charges on UK pension fund transfers made between 6 April and 17 June into KiwiSaver schemes which have now lost QROPS status.

QROPS interest grows following UK pension ‘frustrations’

Retirement | 23 Jun 15

QROPS interest grows following UK pension ‘frustrations’

Advisers have reported a growing interest in QROPS as expats grow increasingly “disappointed and frustrated” with the inability of UK providers to accommodate April’s pension freedoms.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

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.