Tag: Pension

The first new QROPS offshore pension since April 2018 has opened in Canada. The IAG Saving and Retirement Plan marks a return to the fold...

Plans to raise millions of pounds from retirement savers from the QROPS overseas transfer charge have flopped. HM Revenue & Customs forecast a £125 million...

The latest HM Revenue & Customs data for expats with QROPS offshore pensions. HMRC QROPS List - By country Country No of QROPS Australia 987 Austria 4 Barbados 1 Belgium 1 Bulgaria 3 Denmark 2 EU Institution 1 Finland 1 Germany 8 Gibraltar 32 Guernsey 62 Hong Kong 8 India 12 Ireland 70 Isle of Man 356 Jersey 60 Kenya 2 Latvia 3 Liechtenstein 2 Luxembourg 2 Malta 36 Mauritius 1 Netherlands 43 New...

Falling gilt yields are impacting on the values of pension funds, according to new data. Long term gilt interest rates have dropped 0.3% since the...

Retirement savers switching their defined benefit funds have been offered the highest golden goodbyes ever by their company pension schemes. Average transfer values hit a...

Saving for retirement used to mean putting money aside to fund  a financially comfortable old age, but no more. Today’s over 55s are increasingly spending...

British expats can transfer their UK pension savings to a pension in another country - but they could fall foul of tax implications. HM Revenue...

Landlords and pension savers have long had a simmering disagreement about the best way to save - but new research shows one method would...

Former Pensions Minister Steve Webb has revealed a money hack that exploits a loophole for retirement savers. He urges savers with two or more pension...

What happens to any money left in a QROPS pension when you die is an important question for many expats. QROPS are offshore pensions for...

The Financial Ombudsman has censured a pension provider for wrongly ordering a client to pay the QROPS overseas transfer charge. The complaint was made by...

The government’s pension rescue lifeboat has seen the deficit of safeguarded schemes tumble into the red by tens of billions of pounds. The Pension Protection...

Savers could see their money grow into a £100,000 pension fund much quicker than they think. Investing with a 5% a year return would need...

The latest HM Revenue & Customs data for expats with QROPS offshore pensions. HMRC QROPS List - By country Country No of QROPS Australia 985 Austria 4 Barbados 1 Belgium 1 Bulgaria 3 Denmark 2 EU Institution 1 Finland 1 Germany 8 Gibraltar 32 Guernsey 62 Hong Kong 8 India 12 Ireland 70 Isle of Man 356 Jersey 59 Kenya 2 Latvia 3 Liechtenstein 2 Luxembourg 2 Malta 36 Mauritius 1 Netherlands 42 New...

No transfer, no fee pension deals are to go following a probe by City watchdogs worried about charges made by financial advisers. The Financial Conduct...

Doctors look like winning a bitter battle with the government over how to tax treat their pay and pensions. The NHS has announced proposals giving...

Working out how much money you have for retirement is hard enough without having to navigate your way through a fog of baffling financial...

Deciding if you can afford to retire and when is the best time for you to stop working is a decision that can depend...

The latest HM Revenue & Customs data for expats with QROPS offshore pensions. HMRC QROPS List - By country   No of QROPS   August 1, 2019 1 month ago 3...

QROPS offshore pensions are still popular with expats, according to the latest official data. In 2018, 5,000 expats switched funds from a UK pension or...