QROPS interest grows following UK pension ‘frustrations’
By Daniel Flynn Justin Harris, managing director at Switzerland-based advice firm Chase Belgrave, said many UK pension holders are not granting customers the rights due to them under the new pension...
View ArticleHMRC scraps thousands of QROPS from overseas pensions list
Released today after a period of suspension, the list shows that the total number of schemes has fallen from around 3800 to 663. Australian schemes dropped from 1,600 to one, with the local government...
View ArticleQrops crackdown in Australia, and Canada could be next
HM Revenue and Customs has launched a crackdown on overseas schemes open to UK expats who want to move their pension abroad, with hundreds being removed from its approved list. Expats in Australia...
View ArticleTime sensitive news on UK public sector pensions
Since 6 April 2015 it had been understood that transfers from all UK public sector pension schemes had been banned. However, it is now apparent that a loophole exists that does allow transfers to...
View ArticleTreasury admits currently pensioners can beat transfer ban
HM Treasury has admitted they are currently looking to close a loophole for expats with public sector pensions. A spokesman for HM Treasury said: “We are clear that the transfer restrictions from...
View ArticleAsk the Experts: we’re teachers in China, where should we put our savings?
Q. My wife and I are currently working as teachers in China, and we would like to know how best to invest our surplus cash. We are both UK citizens by birth but emigrated to New Zealand in 2009 where...
View ArticleBritish Expats in Brexit Fear as Referendum Approaches
The upcoming UK referendum on leaving the European Union has raised fears that British expats across Europe could feel compelled to return home. The usual trickle of expats returning to the UK is...
View ArticlePanama Papers Rock the World of Offshore Finance
Over the past 24 hours newspapers have been full of reports regarding what has been termed the biggest document leak in history. Up to 11.5m documents have been covertly obtained from the Panama based...
View ArticleAsk the experts: can I move my pensions to Canada?
Published in The Telegraph – 13th April 2016 Q. I’m a 60-year-old British and Canadian citizen, living in Canada for the last five years. I have money in a Sipp (self-invested personal pension) in the...
View ArticlePanama Papers leak will have impact on expat banking options
Published in The Telegraph – 18th April 2016 Relatively few UK expats may be directly caught up in the scandal of the Panama Papers, leaked from Panamanian law firm Mossack Fonseca, which revealed how...
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