qrops guidance confirms condition 4
Guidance notes published unintentionally by HM Revenue & Customs today, appear to clarify a number of points where there was some ambiguity or speculation.
Qrops
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guernsey qrops legislation passes hurdle
The States of Guernseys House of Deliberation has waved through proposed legislation that would provide a new regime for QROPS, paving the way for final approval within the next three weeks, Guernsey sources told International Adviser yesterday evening.
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gibraltar reveals plans to revive qrops
Gibraltars newly-elected government has set its sights on reviving the territorys currently dormant QROPS industry, possibly within months.
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rosiip was not a qrops uk court rules
The parent of the Panthera QROPS range on Friday lost its appeal against a High Court ruling last May, which found that HM Revenue & Customs was within its rights in stripping its Recognised Overseas Self Invested International Pensions Retirement Trust (Singapore) of its QROPS status in 2008.
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DeVere says it has handled over a third of QROPS transfers
The deVere Group, the Zurich-headquartered, internationally-focused advisory group which claims to be the world’s largest, said it has handled more than a third of the assets transferred out of the UK and into qualifying recognised overseas pension schemes since QROPS were created in 2006.
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the new qrops legislation explained
Following the release of the second draft of QROPS legislation, there has been widespread concern about the future of the industry. Rex Cowley of Newdawn Consultancy & Research provides an overview of each QROPS jurisdiction and finds that its business as usual.
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qrops consultation ends guern wait begins
As the door shuts on the eight-week period during which HM Revenue & Customs was accepting comments on its plans to amend its QROPS regulations, Guernsey QROPS providers are pinning their hopes on the introduction of a new pensions scheme that would be open to islanders and non-residents alike.
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guernsey pins qrops hopes on new regime
The States of Guernsey is to introduce a completely new, one-size-fits-all pensions regime, open to islanders and non-residents alike, in an effort to ensure the survival of its thriving QROPS industry.
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guernsey pension association responds to hmrc
The association representing Guernsey pension providers on Wednesday submitted its response to a package of changes HM Revenue & Customs has proposed to make to the legislation governing QROPS, taking issue as expected on an element of the plan known as Condition 4.
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stm launches qrops for us res expats
STM, the Gibraltar-based trust company and pensions administrator, has received approval from the Maltese regulator amd HMRC for a new QROPS scheme designed to accommodate the special needs of expatriates living in the US.
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guernsey pensions industry ponders its options
Pension providers and others in Guernseys pensions industry met yesterday to discuss a range of options the island is seen as having, as it seeks to accommodate recently-proposed changes to the UKs QROPS legislation.
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guernsey qrops industry seeks tax law change
The association representing pension providers in Guernsey is understood to be working with officials there on changes to the islands tax regulations with respect to pensions, in an effort to ensure the survival of its QROPS industry.