Posts Categorized: QROPS

The Overseas Transfer Charge

I’ve been scratching my head and trying to think of the benefits of the new Overseas Transfer Charge to the UK exchequer. Almost everywhere I look I see either exceptions to the rule, unfair taxation and future financial insecurity. To recap, the Chancellor recently introduced a new tax on overseas transfers of UK pensions; this includes… Read more »

Budget raid on QROPS

Spring budget 2017 It’s that time of the year again. How to balance the books? It looks like pensions and in particular QROPS were the ‘fall guys’. Some of us may remember the radical reforms to pensions in the mid-80s. Back then, the demographic time-bomb that was predicted to start exploding in the early noughties… Read more »