research reveals top three qrops jurisdictions
The Isle of Man was voted the preferred choice of QROPS jurisdiction by almost a third of advisers who use the retirement products, in a poll conducted by Skandia International.
The Isle of Man was voted the preferred choice of QROPS jurisdiction by almost a third of advisers who use the retirement products, in a poll conducted by Skandia International.
Representatives for the Maltese and New Zealand governments have signed an agreement to allow the portability between the two countries of Superannuation and Veterans’ pensions.
HM Revenue & Customs has published a 30-word apology for releasing an incorrect list of QROPS yesterday which had more than 430 schemes missing and caused widespread confusion within the industry.
Two days after a survey of some 292 investors in Harlequin highlighted significant flaws in the way many were sold their stakes, the beleaguered property firm has hit back with a statement questioning the survey’s findings and statistical relevance.
HM Revenue & Customs has admitted to a “problem” in relation to the list of registered Qualifying Recognised Overseas Pension Schemes it published last night, which shows more than 430 schemes missing.
HM Revenue & Customs has removed 432 schemes from its list of registered Qualifying Recognised Overseas Pension Schemes.
Global Fiduciary Solutions has launched a Hong Kong-domiciled QROPS which, as a corporate master trust, offers investors a 0% rate tax deducted at source and no 55% tax on death benefits when in drawdown.
HMRC was forced to concede a humiliating defeat today as it made an application to withdraw its case against a group of investors in the ROSIIP QROPS who had challenged HMRC’s earlier decision to delist the scheme and seek charges of up to 55% on their pensions.
First American expatriates were told that their bank accounts weren’t welcome. Now, it seems, Americans’ tax-deferred retirement accounts are also increasingly unwanted by US financial institutions, unless these accounts are of significant size.
Trireme Pensions Services (Malta) has received HM Revenue & Customs recognition for two QROPS products, adding to the growing profile of this jurisdiction in the international pensions marketplace.
Gibraltar has a chequered history as a QROPS jurisdiction.
Isle of Man-based Boal & Co has launched its first Gibraltar QROPS after "extensive research" to give advisers multi-jurisdictional choice for their clients.