No one expected the abolition of the LTA in the Budget. Rumours always abound within the industry the week before, but major structural changes rarely happen. The industry expected the limit to be restored to £1.8m, but the Chancellor went even further, with the abolition of the LTA completely. The rationale was to encourage highly […]
The truth about pension fees and charges
New disclosure regulations for investments into financial products have obliged providers to make major changes to how pension fees and charges are presented to investors. These rules apply to all investment funds, pension plans, and QROPS trustee fees. Not only must pension fees and charges be disclosed before an adviser can complete an application, but […]
QROPS in Ireland for British expat residents
QROPS in Ireland are proving to be the ideal solution for British expats seeking to access their UK pension plans early. An estimated 300,000 UK nationals currently live and work in Ireland; many of these have retained UK pension benefits which they accumulated whilst working in Britain. UK rules governing pension transfers have been […]
QROPS Ireland
The use of QROPS in Ireland as a vehicle for the transfer of UK pensions for returning Irish expats is becoming increasingly popular. In recent times many Irish found their way to English shores in the quest for work, adventure, and a chance to make their fortune. The era of ‘the Celtic tiger’ saw the […]