Daniel Freedman, founder and managing director of the London & Capital wealth management office, is sounding the alarm about the dangers of advising Americans to transfer pensions they may have accumulated while working in the UK into QROP schemes when they return home.
British expats are embracing social media and digital apps as a means of sorting out their finances, with 75% using these platforms for practical purposes such as currency conversions and 38% making active use of banking apps, a new survey reveals.
Two UK MPs have agreed to help expat pensioners in their latest fight to gain the right to have their state pensions increased in line with inflation, the way they are for pensioners who remain in the UK.
Sovereign has launched two Isle of Man-based QROPS, making it the only pensions trustee with a QROPS in Gibraltar, Malta and the Isle of Man.
A group of financial advisers, pension consultants and others is discussing the creation of an international code of conduct for those who advise on QROP schemes.
A group representing British pensioners abroad has called for the UK to be suspended from the Commonwealth until its members are handed inflation-linked rises to their state pensions, the Daily Telegraph is reporting.
A much-talked-about but complex change in the way New Zealand taxes the income and lump-sum payments of foreign pension schemes looms.
HM Revenue & Customs has refused to confirm why it has removed almost all Hong Kong based QROPS from its list of registered schemes.
All but two QROPS listed in Hong Kong have been removed from HM Revenue & Custom’s list of registered schemes.
A QROPS recently launched in Hong Kong has been removed from HM Revenue & Custom’s list of registered schemes.
Critics of the international pensions industry expressed surprise today when it emerged that no offshore pension schemes, or QROPS, are involved in High Court proceedings that began in London today.
Lawyers representing HM Revenue & Customs in the long-running ROSIIP QROPS case filed documents at the High Court on Friday last week, just hitting a deadline to avoid a judgement being made on the tribunal.
