Will they have discussed Qualifying Recognised Overseas Pension Schemes?
16/11/10
The UK Regulator, the Financial Service Authority, regularly meets with its overseas opposite number. This week, it was the turn of the USA and the Securities and Exchange Commission.
Both regulators and advisors face issues regarding cross border international co-ordination of compliance and advice, none more so than the area of Qualifying Recognised Overseas Pension Schemes (QROPS). US citizens and those migrating to USA face demanding retirement planning advice issues.
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Financial Times UK Retirement Summit 2010
15/11/10
Earlier this month, the Financial Times ran the UK Retirement Summit 2010. This major event in the UK retirement calendar delivered a varied and incisive programme as to the future of UK retirement planning. Expertise was drawn from all points of the retirement planning compass. Our own Managing Director of Montfort International, Geraint Davies, was an invited speaker. He took the opportunity to raise the subject of the international retirement planning demands of those working in the UK who perhaps would one day leave the UK as well as those who already had. Qualifying Recognised Overseas Pension Schemes (QROPS),…
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How straightforward is it to do a transfer from a Self Invested Personal Pension (SIPP) to a Self Managed Super Fund(SMSF) that is a Qualifying Recognised Overseas Pension Scheme (QROPS)?
10/11/10
Pension transfers in the UK can be complicated at the best of times, but when it comes to transferring pension funds internationally, there can be many more issues to consider. We recently finalized a particularly complicated pension transfer that took place in-specie to a QROPS in Australia and this is what our clients had to say:
“All has been done and dusted with the transfer of my SIPP to my new SMSF (QROPS) here in Australia. What a journey and what a learning experience!
But the purpose of this note is to ask you to thank all of your good staff,…
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Australia and New Zealand come in top 3 in the World in the latest United Nations Quality of Life report
09/11/10
The recent publication of the UN Human Development index, which rates humanity and the places where we reside, on a number of differing factors, has recently published its results for 2010.
The Daily Mail featured an article on the 5th November stating that the findings of the report have shown the UK slip from 21st to 26th in a year, putting us behind countries which have seen the credit crunch really hit home, like Greece and Spain.
Australia and New Zealand came 2nd and 3rd respectively and shows why so many British people continue to choose to move to these countries….
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More News on Australia Migration
08/11/10
At long last migration to Australia appears to be opening up again. This time the Australian Capital Territory (ACT) have advised who they will accept on their Skilled Migration Plan. Australia is a country made up of States and Territories and they all have differing needs and wants.
The ACT research has determined where skill set gaps exist, tomorrow the gap maybe different. So though there may be gaps this does not mean there will be vacancies – but no government will offer sponsorship unless there are reasonable chances of finding work – as always it will boil down to…
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