Up to speed on pensions
The recent radical overhaul of pensions means phased retirement strategies will be more important than ever.
Pension
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55 year olds ignorant of budget pension reforms
More than one in three people approaching retirement are unaware of the pensions reforms announced in the March Budget, according to new research from MetLife.
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uk ifas may face qrops advice confusion
As advisers and the UK pension industry attempt to make sense of the ramifications of the major changes to the UK’s pension rules that were outlined in Chancellor George Osborne’s Budget speech last month, an additional complication appears to be creeping into the debate.
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what the experts said the 2014 Budget
Cuts to the bingo tax and beer duty by George Osborne in his 2014 Budget yesterday gave the UK press something to feast on late yesterday and earlier today, while those whose annual job it is to analyse the significance of some of Osborne's other changes attempted to make sense of them.
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qrops industry in split over pre-age-55
A debate is under way in the QROPS industry about whether pension fund trustees are right to permit QROP scheme members to begin taking pension benefits before the age of 55‚ if the scheme members have lived outside the UK for more than five complete tax years.
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davies new group ceo
Momentum Pensions‚ the multi-jurisdictional pensions provider with offices in the Isle of Man and Malta‚ has named Stewart Davies to succeed Mark Gaywood as group chief executive.
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guernsey moves to accommodate crown
Guernsey is considering amending the pension provisions of its income tax law to enable so-called pan-island occupational pension schemes to again receive transfer payments from UK-registered pension schemes.
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two uk mps to help expat pensioners
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.
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industry mulling qrops code of conduct
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.
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brooklands pensions launches intl wrap platform
Brooklands, the UK-regulated, globally-operating pension administrator and trust company, has launched a wrap platform aimed at enabling its advisory clients to consolidate and oversee all their clients’ investment assets in a single, online-accessible location.
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advisers see opportunity in new zealand
A much-talked-about but complex change in the way New Zealand taxes the income and lump-sum payments of foreign pension schemes looms.
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stop the presses onshore schemes are focus
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.