London & Colonial is on the brink of launching two versions of a Gibraltar-registered QROPS - a ‘lite' version alongside a full QROPS product are planned to come on stream this April.
Right now the final i’s and t’s are being dotted and crossed to ensure full compliance with Gibraltar’s QROPS Code of Conduct - the consultation process of which London & Colonial participated in. Product Development Manager Adam Wrench says the products will be flexible enough to appeal to clients across the asset-size ranges. The ‘lite’ version, he confirms, will be aimed at clients with a minimum £50,000. Wrench says the QROPS products will have a high level of intrinsic flexibility and choice factored in. “People will be able to make the necessary changes to accommodate their o...
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