Posts Tagged ‘australian financial advice’

Global QROPS Ltd attending the FREE London Seminar on Australian Immigration

Thursday, July 29th, 2010

In conjunction with professional immigration consultants Thames Migration, Global QROPS Ltd are pleased to invite you to a FREE seminar on Australia’s new skilled visa regulations and State Migration plans. All of the regulation changes, that happened during the year, and enacted as part of the Australian Government’s overhaul of its General Skilled Migration Program, are explained in this detailed seminar.

The Governments of Queensland and Western Australia, will be discussing, first-hand, the new State Migration Plans. New and relevant information will also be presented on the state sponsorships that these governments have to offer.

There will be a range of service providers in job placement, banking/currency transfer and removals exhibiting and available to speak on vital aspects of both a successful migration and settling in Australia. As stated, Global QROPS Ltd will be there to provide information on pension transfers to Australia as well as other important financial advice relevant to someone migrating to Australia.

This comprehensive seminar will be held in London, on Saturday 4th September from 11am to 2pm at: Westpac Banking Corporation
63 Saint Mary Axe
City of London, London EC3A8LE
020 7621 7000

In Attendance:
Global QROPS Ltd – experts in financial advice and pension transfers to Australia
Government of Queensland
Government of Western Australia
Thames Migration – Registered Migration Agents Hannibal Khoury and Greg Veal – the Thames team
Westpac – Expatriate Banking
PSS – Removals and World Movers
Hays – Job Placement Specialists

The seminar will begin with a presentation, at 11am, from the attending State Governments and Registered Migration Agent Hannibal Khoury. At the end, ample opportunity exists to individually speak with ourselves, a Registered Migration Agents, the states and a range of other settlement service providers about your visa situation and migration plans.

To secure your place at this FREE event please complete the online registration form at – http://www.thamesmigration.com/contactus/

The Thames Migration Team will be in touch shortly to confirm that your attendance has been booked.

Please feel free to contact Global QROPS Ltd for more information regarding this Seminar, Australian financial advice or pension transfers to Australia.

Global QROPS Ltd at the Down Under Live Exhibition

Monday, January 25th, 2010

Global QROPS Ltd, UK independent financial advisers that specialize in providing, financial advice for people migrating to Australia and New Zealand, will be exhibiting at the Down Under Live exhibition on Saturday 30th January and Sunday 31st January in London.
The exhibition is to be held at the Business Design Centre, London. For details of the times and location of the show, please check the attached link:
http://www.downunderlive.co.uk/london_directions.php
Global QROPS Ltd will be available to speak to potential migrants who are looking at all financial concerns relating to their move including major topics such as a pension transfer to Australia (or New Zealand), retaining UK property, UK inheritance tax and investments.
Potential migrants that have not considered the financial aspects of migration should take this opportunity to speak to Global QROPS Ltd to see if their service would be of some benefit to them.
People that may have already enquired or researched aspects such as a pension transfer to Australia or New Zealand and other financial implications in migrating Down Under should also speak to the experts to ensure they are not missing out on any details or tax breaks that their move to Australia or New Zealand could offer.
The Down Under Live exhibition is an excellent opportunity for a potential migrant to speak face to face with firms and companies that assist in a variety of aspects in the migration process.
Global QROPS Ltd looks forward to meeting you there.

Why has my UK Employer refused to complete a pension transfer to Australia?

Saturday, December 5th, 2009

For the thousands of people that migrate to Australia each year, whether a pension transfer to Australia is possible or not, may not be the foremost topic on their mind.

For those that do think of the possibility of a pension transfer to Australia, the first enquiry may be put to their employer (or the scheme administrators running their company pension scheme) or, for UK expat pension members, their former employer. In some cases, an employer (or former employer) may inform their member that a pension transfer to Australia is not possible, but are they correct to say this?

There may indeed be legitimate reasons as to why a pension transfer to Australia or to another UK scheme or even to a QROPS (Qualifying Recognized Overseas Pension Scheme) in another jurisdiction is not possible. One problem may be if an individual is within 1 year of their normal retirement from the scheme. In those circumstances an individual no long has a UK statutory right to a transfer – although the scheme trustees/administrators do have discretionary powers to grant a transfer.

Another reason may be down to the Australian scheme itself. Does the scheme feature on the list of approved QROPS that appears on the HMRC (Her Majesty’s Revenue and Customs) website? A UK scheme administrator may not see a scheme listed and refuse to transfer on this basis. Remember, however, the HMRC QROPS list is not a definitive list and should not be used as an ultimate guideline. In which case, has the scheme administrator for your UK pension asked for the receiving schemes QROPS certificate?

An individual looking at a pension transfer to Australia should speak to a specialist adviser in this field, pre migration if possible, in order to establish whether a pension transfer to Australia is possible or not.