Archive for the ‘News Press ’ Category

QROPS Advice from Experienced UK Authorized and Regulated Advisers

Tuesday, October 27th, 2009

When taking financial advice, in all aspects of financial planning, individuals generally feel more comfortable with advisers who are experienced, authorized and regulated. This is no different for people who are seeking advice on QROPS (Qualifying Recognized Overseas Pension Schemes).

QROPS have been an essential part of retirement planning, especially for people who are migrating, since 6th April 2006 – when they first came into effect.

QROPS are essentially overseas pension schemes that are approved by the UK’s Her Majesty’s Revenue and Customs (HMRC) for receiving UK pension transfer funds. The Global QROPS Ltd advisory team have been advising on UK pension transfers to overseas schemes since before QROPS were first introduced, in the Finance Act 2004, and have been advising clients and assisting other financial advisers on QROPS from their launch to the present.

Global QROPS Ltd was established with the specific purposes of providing QROPS advice and our launch has been covered in the international financial press:  http://issues.lastwordmedia.com/1N4a71b86ba6a89012.cde/page/8

Global QROPS Ltd are based in the UK and authorized and regulated by the UK financial services authority (FSA).

Global QROPS Ltd comment in Money Marketing regarding Gibraltar QROPS

Sunday, September 20th, 2009

The subject of Gibraltar QROPS (Qualifying Recognized Overseas Pension Schemes) is currently a major topic, with the Association of Pension Fund Administrators (APFA) in Gibraltar announcing that the UK’s Her Majesty’s Revenue and Customs (HMRC) are reviewing the technicalities regarding Gibraltar tax.

The outcome of this review is crucial as to whether Gibraltar is a suitable jurisdiction for QROPS. 

Global QROPS Ltd understands that transfers to Gibraltar QROPS have been suspended and have suggested, through Money Marketing, to advisers or individual’s looking at Gibraltar QROPS as retirement option, to wait until the outcome of the review before considering a QROPS in that particular jurisdiction.

Please read full article:

http://www.moneymarketing.co.uk/cgi-bin/item.cgi?id=193407&d=340&h=341&f=342

Qualifying Recognised Overseas Pensions Schemes (QROPS) – Why’s and Wherefores

Monday, August 17th, 2009

With Qualifying Recognized Overseas Pensions Schemes (QROPS) becoming an increasingly important topic, both the UK IFA and their clients are looking for guidance and information on how QROPS work and their suitability.

 Members of the Global QROPS Ltd team have been at the forefront of advice on the transfer of overseas pensions for many years and have been experts on QROPS since their inception on A-day (6th April 2006).

Global QROPS Ltd are looking to work alongside UK IFA’s to ensure that their migrating clients receive the best overseas pension transfer options.

The expertise that Global QROPS Ltd provide has been used by IFA online in the article QROPS. Why’s and Wherefores. Written by Global QROPS Ltd director, Paul Davies, the article examines some of the issues that a UK IFA (and their client) would need to consider.

http://www.ifaonline.co.uk/retirement-planner/feature/1356395/qrops-whys-wherefores

Global QROPS feature in Money Marketing

Thursday, August 6th, 2009

The launch of  Global QROPS Ltd, the UK FSA authorized and regulated specialist QROPS advisers, was highlighted in the financial publication Money Marketing. For anyone wishing to read this article, please click on the following link: 

http://www.moneymarketing.co.uk/cgi-bin/item.cgi?id=190117&d=pnd2&h=pndh2&f=pndf2

International Adviser Article

Monday, July 27th, 2009

UK based QROPS advisers, Global QROPS Ltd, have written an article for the International Adviser Magazine about the evolution of Qualifying Recognized Overseas Pension Schemes since their inception to the present date. The article  entitled ‘The Changing Face of QROPS’ can be viewed by clicking onto this link: http://www.international-adviser.com/lwm/article/541