Hong Kong ROPS to Meet New International Standards

Great News for Hong Kong ROPS The market for Hong Kong ROPS or Recognised Overseas Pension Schemes will likely be strengthened as the HK government intend to tweak the legislature to implement the new international standards on tax information exchange. Hong Kong ROPS are known as Occupational Retirement Schemes (ORS) – see below. The Hong Read More

Full Pension Flexibility in Malta – QROPS Malta

At Least Two Companies are Now Allowing Full Pension Flexibility in Malta At least two companies are now allowing full pension flexibility in Malta. Please email us for details. Two trustees have altered their schemes to allow this full pension flexibility. However, the two schemes have amended their pension schemes to allow the same Pension Read More

Boal & Co. Acquires Zurich Trust Ltd – QROPS News Isle of Man

Boal & Co. Acquires Zurich Trust Boal & Co* has acquired Zurich Insurance Group’s Jersey-based Trust business, Zurich Trust Limited**. The deal has been approved by the Jersey Financial Services Commission. The purchase of Zurich Trust Limited marks the expansion of Boal & Co pension trustee services into Jersey following a recent expansion of its Read More

Should I Move Out of My Guernsey QROPS to a Malta or Gibraltar QROPS?

Transferring My Pension Out of a Guernsey QROPS The UK pension rules now allow for full drawdown flexibility. Many who hold a Guernsey QROPS are considering moving their pension back to the UK or Malta in order to achieve full drawdown. Many are considering cashing in their pension. I will argue why that would be Read More

Last Week to Transfer Teacher’s Pension Out of UK to Reduce Taxes

Last Chance to Transfer a Teacher’s Pensions Offshore to Avoid UK Taxes This is the last chance for British expat teachers to transfer their pensions out of the UK tax net. HMRC have decided to close the loophole earlier than expected and will close the loophole permanently on Monday 7 September. This means that there Read More

QROPS Application Form for Clients, Advisers and Providers

QROPS Application Form for 2015 We have included the QROPS application forms below for advisers, providers and for clients who are seeking the UK pension transfer forms to Recognised Overseas Pension Schemes (ROPS), formerly known as Qualifying Recognised Overseas Pension Schemes (QROPS). If you are looking to transfer your UK pension scheme abroad to a Read More

Teacher’s Pensions Schemes Can Be Transferred Again to QROPS – Last Chance

Last Chance for Teacher’s Pension Schemes to Be Transferred to QROPS Teachers must ACT NOW if they wish to transfer their UK pensions to a QROPS. At the moment, the legal wording means that teachers pension schemes can still transfer out to a QROPS under current regulation. But, it looks like the UK government may be re-writing the Read More

QROPS España – Transferencias de pensiones del Reino Unido a España

QROPS España 2015 – Guía para Transferencias de pensiones del Reino Unido a España QROPS España 2015 Normas – expatriados españoles que han trabajado en el Reino Unido y acumulado una pensión o empresa privada en el Reino Unido ahora pueden transferir su pensión del Reino Unido en un HMRC registrado QROPS (Calificación reconocida pensiones Read More