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Forum: Europe

Jan 10th 2012, 5:15 am

Replies: 91

QROPS

Views: 20,413

Posted By Otto The Squid

Re: QROPS

I can think of a handful of situations, where people might want to act now ( assuming a transfer is the right thing to do in their case).

As for transferring out of a DB scheme. People offshore...

Forum: Europe

Dec 27th 2011, 9:40 am

Replies: 91

QROPS

Views: 20,413

Posted By Otto The Squid

Re: QROPS

I think this rather depends on the circumstances. So, leaving the benefits in the UK, in this case, does not mean that the funds are heavily taxed. This is why the UK funds are referred to as exempt...

Forum: Europe

Dec 22nd 2011, 6:09 am

Replies: 91

QROPS

Views: 20,413

Posted By Otto The Squid

Re: QROPS

Since the proposed changes are just that, proposals, no one can state what the rules will be in April ( Unless HMRC have already made up their minds and this " consultation period" is just for show).

Forum: Europe

Dec 10th 2011, 9:30 am

Replies: 91

QROPS

Views: 20,413

Posted By Otto The Squid

Re: QROPS

I think that there are a lot of things that need changing about the offshore financial advice industry ( note the word industry, as parts of it are far from a profession).

For example, a wishlist...

Forum: Europe

Dec 10th 2011, 9:11 am

Replies: 91

QROPS

Views: 20,413

Posted By Otto The Squid

Re: QROPS

I think that hits the nail on the head!

Forum: Europe

Dec 10th 2011, 6:06 am

Replies: 91

QROPS

Views: 20,413

Posted By Otto The Squid

Re: QROPS

There was an interesting comment made by a well known commentator in the QROPS market on Linkedin last night.

"The sting in the tail appears to be in the enhanced powers given to the Revenue to...

Forum: Europe

Dec 8th 2011, 3:11 pm

Replies: 91

QROPS

Views: 20,413

Posted By Otto The Squid

Re: QROPS

I remember the day my father turned up in a new bronze Mark I Capri, having just sold the Morris Traveller, happy days!

Back on topic, assuming people still have the will to live after reading...

Forum: Europe

Dec 8th 2011, 5:07 am

Replies: 91

QROPS

Views: 20,413

Posted By Otto The Squid

Re: QROPS

You raise a good point. The way I read it that EU rules mean that the UK has to have something like QROPS in place for free movement of capital. Whether HMRC "like" QROPS is another discussion.
...

Forum: Europe

Dec 7th 2011, 9:08 am

Replies: 91

QROPS

Views: 20,413

Posted By Otto The Squid

Re: QROPS

I have now found the full "official version" of the proposals from HMRC

http://www.hmrc.gov.uk/budget-updates/06dec11/pensions-draft-legis.pdf

Suggest you start at page 9. Hopefully, this will...

Forum: Europe

Dec 7th 2011, 5:00 am

Replies: 91

QROPS

Views: 20,413

Posted By Otto The Squid

Re: QROPS

This link might help people.... http://www.hmrc.gov.uk/tiin/tiin650.pdf

Forum: Europe

Dec 7th 2011, 4:56 am

Replies: 91

QROPS

Views: 20,413

Posted By Otto The Squid

Re: QROPS

Soon to be a 10 year rule, if HMRC have their way.So, people thinking of transferring into QROPS now need to have a good look at the new proposals and the new deadlines.

I wonder if, as QROPS are...

Forum: Europe

Dec 6th 2011, 7:45 pm

Replies: 91

QROPS

Views: 20,413

Posted By Otto The Squid

Re: QROPS

Hi,

I am an IFA, I work offshore and I am not touting for business ( with a name that I have used, I can hardly expect any).

I have been following this and other threads of a similar nature.
...

Showing results 1 to 12 of 12