Posts Categorized: ROPS

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 »

Developments in Recognised Overseas Pension Schemes (ROPS)

The rules relating to the taxation and regulation of overseas pension schemes are to be updated so that they are consistent with those of UK pensions. HM Revenue & Customs (HMRC) announced in a recent draft of the Finance Bill that as of April 2017 all recognised overseas pensions schemes (ROPS) located outside of the… Read more »