A Qualifying Recognised Overseas Pension Scheme (QROPS) review is a vital step for expats wanting to map their future finances. The review is a tool to help expats grow and protect their wealth. The trouble is plenty of sharks are …
Australian Qualifying Recognised Overseas Pension Scheme (QROPS) as the pension world knew them are no more – and won’t be coming back in huge numbers any time soon. The death knell tolled for Australia QROPS on April 6, when providers …
If you have made a transfer in or out of an Australian Qualifying Recognised Overseas Pension Scheme (QROPS) between April 6 and June 17, 2015, you may face action from HM Revenue & Customs (HMRC). Here are some of the …
The massive cull of 1,650 Australia Qualifying Recognised Overseas Pension Scheme (QROPS) came as a surprise to the industry – but should serve as a warning to scammers and cowboy advisers. QROPS have had a chequered history with hundreds of …
Don’t blame Qualifying Recognised Overseas Pension Scheme (QROPS) for the financial woes of retirement savers – it’s the way advisers and some providers sell them that lead to problems. QROPS are like any other regulated financial product. HM Revenue & …
Australia was one of the first offshore financial centres to introduce Qualifying Recognised Overseas Pension Schemes (QROPS) in 2006. QROPS were established in April 2006 as part of a European directive allowing European Union retirement savers to have portable retirement …
It was back in June that HMRC confirmed the sweeping removal of almost every Austalian Superannuation scheme. Having this month only been left with two QROPS on the HMRC QROPS list, it is time to have a look at the …
Read MoreQROPS: Australian Superannuation Schemes removal no big deal
The latest Qualifying Recognised Overseas Pension Scheme (QROPS) quandary for the government highlights the problems of transferring a pension overseas. Not only do governments regularly change the QROPS rules – when they do they tend to make mistakes that require …
The Teachers’ Pension Scheme is writing to members urging them to hurry up completing any transfers to Qualifying Recognised Overseas Pension Scheme (QROPS). The scheme is the official pension for teachers in the UK. Teachers are being warned that the …
Qualifying Recognised Overseas Pension Schemes (QROPS) are offshore pensions that can come with tax and financial advantages for expats. QROPS are pensions that are ‘qualifying’ because the overseas providers report to HM Revenue & Customs (HMRC) when retirement savers take …