Australia QROPS
Even if you are an Australian resident but your pension is still in the UK, your pension is taxed in the UK – but you can move your pension into …
Rip-Off Small Pot Pension Advice Fees Scrapped
Rip-off advice fees for retirement savers with small pot pensions have been scrapped under a new law. The new rules mean retirement savers with pensions that have safeguarded benefits must …
It’s A Great Time To Cash In Your Pension For A QROPS
Beleaguered companies are offering huge financial incentives to buy retirement savers out of their final salary pensions. Expats in Australia can take the chance of doing a deal and cashing …
How Saving Instead Of Borrowing Boosts A Pension
Retirement savers are more concerned with repaying debt or covering day to day living costs than increasing their pension contributions. Almost two-thirds say they would ease their financial stress if …
Will In Specie Tax Grab Affect QROPS Pensions?
The UK tax authority has slammed another nail into self-managed pensions by barring tax relief on in specie investments to schemes with 26 providers. Thousands of retirement savers are now …
Oil Exploration Drops To Lowest Level For 64 Years
Oil and gas contractors kicking their heels waiting for the market to pick up may have more time on their hands. Spending on new oil and gas projects has slumped …
Cut-Price Set Up Costs For New Range Of QROPS
A leading Qualifying Recognised Overseas Pension Scheme (QROPS) provider is offering a cut price deal for expats transferring their retirement savings. As part of a focus on QROPS for British …
Royal Mail Posts Pension Warning For 94,000 Staff
The Royal Mail has posted a warning to 94,000 workers that the company’s final salary pension scheme is too expensive to run. The company pays £400 million a year into …
Will QROPS Become A Brexit Casualty?
Qualifying Recognised Overseas Pension Schemes (QROPS) may become one of the Brexit casualties if negotiators axe Britain’s adherence to Europe’s freedom of movement and capital rules. The rules are two …
Five Top Hints And Tips For Newbie Expats
If you are a new expat looking for in-the-know information from other expats who have already carved a new life overseas, here are some hints and tips: 1. Don’t make …
Can You Transfer Your Pension To A QROPS?
QROPS are generally good news for many expats as they offer tax and investment benefits that are not available to retirement savers who leave their pensions in the UK. But …