Pension Firms Block 1,500 Unlocking Demands

The shocking scale of pension liberation fraud is seeping out from financial firms and regulators for the first time. Four of Britain’s biggest pension providers have stalled more than 1,500 suspected fraudulent transfers worth millions of pounds in the past few months. Pension unlocking or liberation involves switching retirement funds from a legitimate provider generally… Continue reading Pension Firms Block 1,500 Unlocking Demands

Dream On If You Think You’re Saving Enough To Retire

Most workers are not saving enough to finance the retirement they dream of, says a new survey. Research by wealth firm Towry revealed that adults are looking for a retirement income of £25,783 a year. To achieve that annual income at current rates, their pension pot would have to top at least £616,000 to let… Continue reading Dream On If You Think You’re Saving Enough To Retire

Singapore ROSIIP QROPS Row Goes To High Court

Qualifying Recognised Overseas Pension Scheme investors are taking their fight to stop the tax man seizing more than half their pension pots to the High Court. The 37 retirement savers have joined together in a group action as a last-ditch effort to stop HM Revenue and Customs seizing their cash and will argue their case… Continue reading Singapore ROSIIP QROPS Row Goes To High Court

QROPS Reporting Rules 2013

HM Revenue and Customs (HMRC) is turning the screw on lax administration by Qualifying Recognised Overseas Pension Scheme (QROPS) managers. A new set of rules proposing clarification and tightening of a number of procedures have been published. The changes are open for consultation until June 21, 2013, with the full details available for download from… Continue reading QROPS Reporting Rules 2013

Expats Fight On To End Frozen State Pension Deadlock

More than 500,000 British expats with frozen state pension payments hope anew campaign will break their deadlock with the government. A seminar staged by the International Consortium of British Pensioners (ICBP) will look at ways forward to unfreeze state pensions with contributions from policymakers and the financial services industry. The problem is retirees who have… Continue reading Expats Fight On To End Frozen State Pension Deadlock

Workplace Pensions Underfunded By £2.37 Billion

Rocketing pension scheme deficits are a cause for concern for pension savers and retirees alike but more so for trustees who are being put in an uncomfortable position in underfunded workplace schemes. Many retirement savers are turning towards self-managed schemes to make the most of their contributions. While expat workers can put their pension pots… Continue reading Workplace Pensions Underfunded By £2.37 Billion

Pension Liberation Firm Rapped For Phone Texts

A firm which sent out unsolicited text messages has been banned from targeting people offering to help unlock cash from their pension before they retire. Clarity Leads was censured by the Advertising Standards Authority (ASA) for breaching advertising codes because the text messages did not make clear who the sender was. The ASA investigated two… Continue reading Pension Liberation Firm Rapped For Phone Texts

QROPS Timeline – Infographic Reveals The Facts

The iExpats.com QROPS infographic answers all the questions you want answered about Qualifying Recognised Overseas Pension Schemes (QROPS) but were afraid to ask. iExpats realised that many of our readers want to know more about QROPS expat pensions, but were concerned that they would face a barrage of emails and calls from salesmen if they… Continue reading QROPS Timeline – Infographic Reveals The Facts

Free QROPS iPhone and IPad App Keeps You Connected

If you follow the news and analysis provided by QROPS Investor, then our new free QROPS app is ideal for you. You won’t miss a headline with the app for iPhone and iPad – and you can also keep track of your likely Qualifying Recognised Overseas Pension Scheme (QROPS) value with the handy built-in investment… Continue reading Free QROPS iPhone and IPad App Keeps You Connected