Financial Advice Archives - Page 2 of 2

07 Dec Possible Change in Member Payment Provisions from 5 to 10 years

Posted at 11:01h in Blog

In the recent late 2016 Autumn statement released by the HMRC, changes were outlined to the way QROPS are designed to work. Whilst not yet law, these changes are expected to be introduced (possibly in a slightly modified form) in April 2017. Some of the...

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...

16 Sep International Investment Magazine: Prism Xpat – Building Bridges for Expats Between the UK and Oz

Posted at 10:14h in Articles, Blog

International Investment magazine profiled Prism Xpat and its CEO as the feature of its October 2016 edition. Britons emigrating to Australia don’t always realise it, but before heading for the airport they need to do more than simply buy a one-way ticket to Sydney, and a...