Brits Rush to Leave Defined Benefit Schemes

Quotes Rise by 60% for Transferring Out of Defined Benefit Pension Schemes The number of people who are asking for advice on leaving a defined benefit scheme has risen 60% in a month . Financial consultancy firm, Mercer, have seen Read More

Transferring Your UK Pension to a ROPS

Transferring your UK Pension Scheme to a Recognised Overseas Pension Scheme A Recognised Overseas Pension Scheme or ROPS, formerly known as a QROPS, is an overseas pension scheme which HMRC will allow transfers into. You can transfer your UK pension Read More

UK Budget 2015 Post Analysis

UK Government Slash Lifetime Allowance The UK budget has taken a sledgehammer to QROPS once again, this time slashing the annual allowance allowed to be transferred which has been cut from an all-time high of 1.8m GBP down to 1m Read More

Transfer Pension to India from the UK

Transfer Pension Fund to India from the UK You can transfer your UK pension to India or even transfer a pension to India from Ireland. We can also transfer a pension from Scotland to India, Wales to India or Norther Read More

QROPS Flexible Drawdown Allowed in New Draft Legislation

QROPS Flexible Drawdown Rules for 2015 Unexpectedly on Friday afternoon, December 17th, HMRC introduced a new statutory instrument (SI) to come into effect next year that seeks to align the regulations for overseas schemes (including QROPS) with the changes introduced Read More

The Autumn Statement and its Effect on UK Pensions

The Autumn Statement and Rule Changes to Pensions for 2015 The Autumn statement has arrived and not much different was in than expected. The equal treatment on death of annuities and defined contribution pensions. The closing of transfers from public Read More