If you hold a British pension and are either planning to move or have moved to America, there are significant benefits of transferring your pension fund into a Qualifying Recognised Overseas Pension Scheme (QROPS). The schemes are open to three types of British pension holders aiming for America: US citizens returning to the UK, British […]
Financial Advice
IFAs Should Not Fear Explaining QROPS Options
Many independent financial advisers are reluctant to explain your offshore pension options if you are about to become an expat – mainly because they fear giving poor advice about Qualifying Recognised Overseas Pension Scheme s (QROPS). IFAs are in a quandary over QROPS. They are damned if they give advice about a product they know […]
Five Key Questions To Ask Your IFA
Wide-ranging rules to protect consumers by governing how independent financial advisors are paid and how they work have come in to effect. At the heart of the change is a desire by the Financial Services Authority (FSA) for financial advisers to offer the best products in the interests of their clients and not those paying […]
Glittering Year Ahead For Gold Investors
Gold has a glittering year ahead if predictions of bullion experts contain a nugget of truth. The Economist Intelligence Unit (EIU) says global gold consumption should rise next year after demand dropped by 7.4% in 2012. A slowdown in the economies of India and China also helped fuel the decline – but China is expected […]
Cold Call Ban Urged To Halt Pension Fraud
Growing fears about the antics of firms targeting people to unlock their pensions has led to calls for all cold callers from financial services firms to be banned. The consumer help organisation, Citizens Advice, says it is seeing increasing numbers of people who have been cold called and been persuaded to unlock their pension – […]