The latest HMRC list of QROPS list published by HMRC revealed a reduction in the number of providers based in Hong Kong from 25 to 2. The two remaining providers currently accepting UK pension transfers are the Asia Alternative Asset Partners Limited Retirement Benefits Scheme and David Watt Retirement Benefits Scheme. The updated list can […]
QROPS HMRC Conundrum
QROPS HMRC rules do not fill investors full of confidence when the government can’t get it right in its handling of the listed registrar of schemes. It appears that many schemes that register as a QROPS go through a process of ‘self-certification’ as opposed to being vetted by HMRC before inclusion on the list. This […]
UK pension transfer when retiring to France
QROPS in France: On retiring to France, if you decide to exercise your right to transfer your UK pension, it is important to examine how your pension will be treated in terms of French taxation. Unlike the UK, where the lump-sum portion of your pension benefit can be taken tax-free, there is a tax levied […]
The euro impact on pensions
Will the value of the Euro impact on pensions? Until now, it has been taken for granted that a euro is a euro, wherever it is held in the Eurozone. However, many individuals, companies, and banks are beginning to question this assumption. The change of heart has become ever more visible in Greece where: There […]