Advisers split on QROPS
Advisers are split as to whether or not pension busting/mis-selling is a problem for QROPS.
United Kingdom
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Abbey Int’l launches dollar and Euro deposit accounts
Abbey International is launching both a dollar and Euro deposit service with a 12mth fixed contract.
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Fairbairn launches Guernsey QROPS
Fairbairn Trust Company has launched a Guernsey-domiciled QROPS. The scheme has been developed in the wake of amendments to Guernsey’s QROPS regulations.
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Guernsey opens doors to UK taxman
Guernsey has signed a tax information exchange agreement (TIEA) with the UK.
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Pressure on Isle of Man to abolish tax on pensions
Isle of Man fiscal authorities are being urged to abolish tax on pension income for non-residents in the wake of the UK seemingly rubberstamping the same approach in Guernsey. Firms offering Qualify&