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


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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

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


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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

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Free QROPS Transfers from Existing QROPS to Gibraltar and Malta QROPS


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Free QROPS Transfers from Existing QROPS to Gibraltar and Malta QROPS QROPS Specialists are offering free transfers from existing QROPS to Gibraltar and Malta QROPS until the cut off date of April 6th, 2016. Many QROPS were struck off from the new ROPS list, but expats can move to another QROPS destination if they choose

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QROPS List Stripped Down to its Skeleton


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Thousands Removed from HMRC QROPS List HMRC re-opened its QROPS list on the 1st July and it has been decimated. Thousands of formerly QROPS schemes have lost their status in the new ROPS list. The cull started as overseas schemes had to adhere to the UK’s new statutory instrument which does not allow early access

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Self Managed QROPS – UK Pension Transfers Overseas


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Self-Managed QROPS Self-managed QROPS are self-managed pensions for British expats living abroad. A self-managed overseas pension scheme isn’t technically possible, but a self-directed pension is allowable under QROPS rules. Many British expats who are currently managing their own pension via a UK SIPP can now transfer their pension overseas to a QROPS for tax purposes and

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QROPS, QROPS Gibraltar

QROPS Gibraltar Gets the Green Light


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QROPS in Gibraltar have been given the green light by HMRC. There was an article in the Gibraltar Chronicle today confirming that the Inland Revenue have given the stamp of approval for the Gibraltar QROPS to proceed. This move follows changes made in June to the Gibraltar law governing local pension schemes that are eligible

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QROPS, QROPS Gibraltar

QROPS Gibraltar


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QROPS Gibraltar Pension Transfers for British Expats British expats living abroad can now transfer their pensions to Gibraltar to avoid UK taxes. A QROPS in Gibraltar avoids all UK taxation and has a simple flat rate of tax of 2.5% on their pension income which is deducted at source in Gibraltar. Gibraltar are now trying

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