Robert Burns Ba (hons), Fcca , Cert Pfs - Tumbit.com Blog Feed

QROPS – All Change From April 2012

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Wed, 15 Feb 2012 15:59:19 GMT

With no forewarning new draft regulations associated with QROPS were published by HMRC in December 2011 for consultation. The new rules once finalised are to be introduced with effect from 6 April 2012. The consultation period ended on 31 January.... more

QROPS : Stop press - major changes on their way!

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Mon, 12 Dec 2011 21:35:46 GMT

HMRC HAVE alongside the draft clauses for the 2012 Finance Bill published a draft statutory instrument with the rather innocuous title of The Overseas Pension Schemes (Miscellaneous Amendments) Regulations 2012. The intention is “to make the QROPS... more

Do you have a UK pension fund? How secure is it?

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Mon, 21 Nov 2011 14:29:57 GMT

If at some stage in the past you have worked in the UK then the overwhelming probability is that the answer to the question, “do you have a UK pension fund?” is “yes.”However, it is likely, if past experience is anything to go by, that you have... more

Quantitative Easing - good or bad (or both) for your UK Pension Fund?

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Mon, 24 Oct 2011 09:04:31 GMT

A couple of weeks ago, the Bank of England (BoE) surprised the financial markets by announcing that it was embarking on a second round of quantitative easing (QE). QE is achieved by the BoE (which is owned by the Government) buying Government... more

Did Your Pension Fund Fall By 15 Percent in August ?

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Sun, 02 Oct 2011 11:37:09 GMT

Has your pension fund fallen by 15% last month? August 2011 has been a month to forget for stockmarkets. Unless your pension fund was invested in Gold or Silver it will likely have taken a bath. “Ahh,” I hear some of you say, “…no problem, as my... more

New Zealand QROPS : Only Available For A Further 12 Months ?

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Tue, 13 Sep 2011 13:49:24 GMT

Financial institutions in New Zealand are now subject to the rules of the newly created Financial Markets Authority (FMA), and as such the FMA has taken over the authorisation and supervision of New Zealand pension schemes. Last week the FMA... more

QROPS Jurisdictions in Focus : New Zealand

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Sat, 27 Aug 2011 12:59:27 GMT

So far my colleague Stephen and I have looked at Guernsey and the Isle of Man as jurisdiction for the release of your QROPS Pension. In our third article of our world QROPS tour we are inspired by recent press articles making all kinds of false... more

QROPS Jurisdiction in Focus : Guernsey

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Thu, 11 Aug 2011 09:06:20 GMT

Over the last couple of years we and others have written numerous articles about the ability of non-UK residents in particular to transfer their UK pension rights to a Qualifying Recognised Overseas Pension Scheme (QROPS), and of the benefits of so... more

QROPS - the realities of giving and receiving advice

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Thu, 23 Jun 2011 14:03:43 GMT

It would be interesting to know how many column miles have been devoted to QROPS over the last few years. As a concept it has captured the imagination of many advisers. Unfortunately, this often includes those who know so little about UK pension law... more

QROPs - Choice of adviser and choice of jurisdiction

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Mon, 16 May 2011 13:36:52 GMT

THE QROPS market is pretty crowded now as is evidenced by the relentless advertising seen in many expat newspapers up and down the Costas. However the majority of advisers out there are looking to jump on what they see as a lucrative bandwagon and... more

Why not spring clean your pension ?

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Mon, 04 Apr 2011 11:46:33 GMT

WELL ANOTHER Budget has come and gone and the usual rumours about the new government changing the legislation as it relates to QROPS prove once again to be ill founded. So perhaps now is the time to dust off your UK private pension and to look to... more

New Zealand QROPS - some of our FAQ's

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Wed, 26 Jan 2011 15:52:47 GMT

For non UK residents who have lived outside the UK for five complete tax years or more there may be the possibility to release capital from your UK pension fund via a New Zealand QROPS. In certain circumstances this may even be possible before the... more

Access Your UK Pension Fund Before It Falls In Value !

info@tumbit.com (Robert Burns BA (Hons), FCCA , Cert PFS) — Wed, 08 Dec 2010 12:22:36 GMT

We continue to receive enquiries on a daily basis from people who, either because they are short of funds now, or because they are simply disillusioned with the UK pension system and prefer to control their own investments, wish to transfer their UK... more