A QROPS is simply an offshore pension scheme which complies with the rules and regulations outlined by HM Revenue & Customs. The QROPS needs to be based out of the UK, in an offshore jurisdiction...
HMRC have again suffered an embarrassing internal error, after accidently publishing the new QROPS rules, not set to be introduced till April 6, online.
Despite HMRC’s attempts to restrict QROPS, experts feel that the effects of yesterday’s Budget 2012 announcements could in fact increase deand for the offshore pension transfer...
The situation for QROPS in New Zealand has taken an upswing as a group of QROPS providers have come together to create a new code of conduct that will serve to revitalise the country’s ailing QROPS industry.
In the wake of reports that banks do not offer enough information regarding offshore savings and alternative pension options a new website has emerged ...