isle of man govt goes public on loss of 50c QROPs
The Isle of Man government has expressed disappointment that its 50c pension schemes can no longer be QROPs.
Qrops
-
-
pension providers hmrc targeted guernsey
An association representing Guernseys pension providers this evening issued a statement saying it was extremely disappointed at the way an HMRC review of QROPS providers had caused the number of the islands qualifying recognised overseas pension schemes to drop to three from 312, with the publication of its latest list, and called for clarification as…
-
jerseys plans for non res qrops on hold
Jerseys plans to make it possible to transfer the UK pensions of non-Jersey residents to the island have been placed on hold, pending discussions with HM Revenue & Customs.
-
qrops industry surprised by HMRC Guernsey move
News that HM Revenue & Customs is taking a harder line with third country UK pension transfers to Guernsey has been met with surprise by many in the QROPS industry but possibly not as much as might be expected.
-
QROPS only to be for residents, Guernsey says
HMRC has informed Guernsey officials that going forward, Guernsey pension providers will only be permitted to accept transfers of the UK pensions of Guernsey residents, a Guernsey government statement has revealed.
-
HMRC formally issues QROPS guidance
HM Revenue & Customs yesterday published a 21-page QROPS guidance paper that bore an uncanny resemblance to a 19-page document that, briefly, appeared on the Revenues website earlier this month.
-
boal co to temporarily de list trinity qrops
Isle of Man-based Boal & Co. is to temporarily de-list its Trinity QROPS as a result of changes to the QROPS legislation published last week.
-
guernseys new pensions regime explained
The dust began to settle on Monday on Guernsey, with an end to the islands pensions industrys race against the clock to install a new pension scheme, ahead of a deadline set almost four months ago by HM Revenue & Customs.
-
guernsey enacts new pension regime
As expected, Guernseys State Legislative Committee yesterday approved a proposed new pension regime aimed at enabling the island to continue to look after UK pensions transferred there by those leaving the UK for good.
-
no surprises in final qrops rules but new clause
The new QROPS legislation was finally published by HM Revenue & Customs yesterday, after months of speculation since an initial draft was released in December last year.
-
deveres green buys 24 of qrop specialist stm
Nigel Green, the chief executive and founder of global IFA group deVere, has bought a 24% stake in STM Group, the London-listed cross-border provider of QROPS and other financial products.
-
providers first reactions to qrops guidance notes
On Wednesday this week, HM Revenue & Customs published in error guidance notes and FAQs on the QROPS legislation due to take effect from 6 April this year.