Latest News with QROPS tag

QROPS Pension Transfer Value up 25%

8th January 2017

The average value of QROPS pension transfers rose by a quarter last year to top £100k per transfer. That’s according to HMRC figures released last week: The Calculation In the tax year 2014-2015, there were 20,100 transfers with a total value of £1.76bn. The average value (ie. mean) of each transfer was therefore £1.76bn/20,100 = […]

QROPS Pension Transfer Value Is Up 25%

21st December 2016

The average value of QROPS pension transfers rose by a quarter last year to top £100k per transfer. That’s according to HMRC figures released last week: The Calculation In the tax year 2014-2015, there were 20,100 transfers with a total value of £1.76bn. The average value (i.e. mean) of each transfer was therefore £1.76bn/20,100 = […]

3 Things You Must Get Right With QROPS

13th December 2016

If you’re planning to be an expat, then moving your pension abroad with a QROPS (Qualified Recognised Overseas Pension Scheme), may save you money. But maybe you will lose your money. That’s investments for you. The key is to not get scammed. Obviously! The UK Government issued a consultation document on pension scams just this […]

Queen’s Speech Soothes UK Pension Fears

26th May 2016

As a UK expat with a pension, you probably will not have been amused to learn that not even the Bank of England’s Chief Economist is “able to make the remotest sense of pensions.” So Andy Haldane revealed at a New City Agenda dinner on 18th May. The UK pensions palava seems to go from […]