Financial advisers could be exposing clients to high levels of risk by using esoteric and unregulated investments within pension wrappers such as QROPS and SSASs, according to London & Colonial’s Adam Wrench.
London & Colonial is set to launch a QROPS next month which it hopes will revolutionise the international pensions market by offering access to a range of platforms, rather than simply the traditional choice of offshore bonds.
Forester Maclean, a Bexhill-on-Sea-based private equity investment company, has taken a significant minority stake in Platform One, the Dorset-based platform services provider.
London & Colonial, the London-based investment products distributor and administrator, said it is reviving a long-harboured plan to establish a QROPS in Gibraltar, in the wake of news that the territory plans to amend its pension legislation in an effort to accommodate pension transfers.
London & Colonial, a Gibraltar based insurer, has signed a distribution deal with UK offshore pension specialist the Organon Group through which its pension and investment services will be wrapped wit
