November 2016 - PX Pension Exchange

27 Nov Canadian QROPS Culled

Posted at 15:00h in Blog

The HMRC has removed all but three Canadian QROPS schemes from its registered list. This move follows a similar step undertaken in various other countries (e.g. Australia) last year. The net impact of this announcement will catch many people out who were in the midst...

27 Nov Proposed Changes to QROPS Rules – UK Autumn Statement 2016

Posted at 10:08h in Blog

In the Autumn statement released on 23rd November 2016, Phillip Hammond outlined possible changes to the QROPS environment, as follows: ‘Foreign pensions – The tax treatment of foreign pensions will be more closely aligned with the UK’s domestic pension tax regime by bringing foreign pensions and...

18 Nov How Donald Trump’s Election Win Could Negatively Impact on Your UK Pension Value

Posted at 16:54h in Blog

Having unexpectedly succeeded in winning the 2016 US Federal election, Donald Trump’s policy intentions and the way these are carried out will be a key determinant on how markets perform over time. Even if the equity markets perform well, your UK pension value could be...