Matthew Carp, Author at QROPS Review - Page 2 of 2

QROPS transfer how to

How to QROPS

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As has often been reported in QROPS Review, interest in transferring UK pensions overseas has never been stronger.

However, despite QROPS becoming a more and more common solution for UK pension holders who are no longer in the UK, there still remains a certain degree of confusion around the process involved.

At QROPS Review, we’ve put together a handy infographic that we hope will explain what is involved in moving a UK pension overseas. Read More

QROPS News Round-up!

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QROPS newsGibraltar, one of the stalwarts of the global Qualifying Recognised Overseas Pension Scheme (QROPS) industry, has a new trustee offering. Corinthian Pension Trustees has received a license from the jurisdiction’s Financial Services Commission. This means that they will be able to provide trusteeship to pension schemes in Gibraltar.

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The HMRC and QROPS: A Brief History

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QROPS HistoryThe HMRC’s QROPS rules have helped many people get tax efficient access to their UK pension pots since it was introduced in 2006, but it hasn’t exactly been an easy ride.

This is in no small part due to various complications in the way that QROPS has been rolled out across the world’s various tax regimes, legal disputes lodged against the HMRC on behalf of disgruntled pension holders and numerous alterations to the legislation that makes these schemes possible.

Here we take a quick look at the history of QROPS and the key events which have brought us to the current state of affairs. This is by no means an exhaustive list, but it does give a sense of how rapidly QROPS legislation and management have changed over the last 8 years. Read More

QROPS Industry Unfazed By Osborne’s Tinkering

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George OsborneEvery time the UK Chancellor of the Exchequer rises to his feet to give his now biannual statement to the House of Commons the media clamours over itself to hail some major change or other.

Indeed, the politicians also like to make us all believe that they have come up with some bold new policy that will change our lives for ever more.

In reality though, changes to the UK system of financial rules and regulations plot a slow and methodical course. And it does so for a very simple reason: a properly functioning economy must have stability and predictability. Read More

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