Concept returns from Guernsey delisting
Concept has announced its return to the QROPS market with the launch of two Gibraltar-domiciled products.
Concept has announced its return to the QROPS market with the launch of two Gibraltar-domiciled products.
Brooklands Pensions has launched a Gibraltar QROPS which includes a lite option.
Gibraltar’s financial community must immediately prepare itself for FATCA or it risks getting caught up in the legislation’s strict international net, says an authority from the jurisdiction.
The Gibraltar Government has recently enacted changes to its tax law to enable qualifying non UK pension schemes (QNUPS) to be established in Gibraltar. Lynette Chaudhary international tax manager at STM Fidecs, explores what a QNUPS is and what it means for Gibraltar.
Corinthian Pension Trustees has received a license from the Financial Services Commission to provide trusteeship to pension schemes in Gibraltar.
Gibraltar has signed an intergovernmental agreement (IGA) with the United States, a step towards FATCA compliance.
Michael Oliver is to leave the Gibraltar Financial Services Commission, where he is currently head of insurance supervision, at the end of the year, after more than six years there.
Momentum Pensions the multi-jurisdictional pensions provider with offices in the Isle of Man and Malta is to open an office in Gibraltar and launch an international pensions business there.
STM Group, the London-listed, Gibraltar-based provider of QROP schemes and wealth structuring services, said its pensions and STM Life operations were largely responsible for helping it to post a pre-tax profit of £269,000 (323,000, $447,000) last year, after a loss of £4m in 2012.
Pension fund administrators in Gibraltar will soon be able to offer qualifying non-recognised UK pension schemes (QNUPS) to individuals with UK tax obligations who have left the UK for good.
Lawrence Podesta and Derek Sene have been named to head up the proposed Gibraltar International Bank as chief executive officer and chief operating officer, respectively, as the fledgling institution moves in the direction of becoming a reality.
The Concept Group, one of the largest QROPS providers anywhere until HM Revenue & Customs de-listed almost all of Guernsey's schemes in April, is launching two new schemes in Gibraltar.