Advisers and clients 'blinded by QROPS tax sweeteners'

Gavin Pluck, European director of Guardian said expats are increasingly being blinded by tax "sweeteners", rather than taking full stock of the right scheme for their particular retirement aspirations. "It is important advisers do not simply focus on ‘jam today' when choosing the right scheme for their clients," he said. Pluck said there is a general misunderstanding among British expats that QROPS are regulated by the UK's Financial Services Authority (FSA). This is not the case. "The rules that govern these schemes are those of the regulatory authorities in which the scheme is bas...