Isle of Man 50C QROPS on HMRC approved list

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Pensions written under the Isle of Man's 50C pensions legislation are now appearing on the list of QROPS shown on HMRC's website

International Investment reported that HMRC had approved Isle of Man 50C schemes earlier this month, prior to the official announcement. Commenting on the news, Stuart Clifford, Chairman of the Association of Pension Scheme Providers (APSP) said, “With the flexibility of the Island’s schemes, together with the long established regulatory system for pensions in the Isle of Man, we are now right at the top of the tree as a QROPS’ jurisdiction....

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