Qrops

Less than 3,000 people have taken out an alternatively secured pension (ASP), according to AJ Bell.

All you need to know about exporting pension savings.

The number of Brits looking into fleeing the UK as a result of the 50% income tax rate hike has jumped, with individuals scrambling to make pension arrangements, according to RBC.

A mis-selling scandal is brewing for advisers on overseas pension transfers, according to an expert in QROPS (Qualifying Recognised Overseas Pension Schemes).

Advisory firm Montfort International has attacked some Australian financial advisers and pension funds for using "scare tactics" to encourage pension transfers from the UK ahead of the changes to the Australian system on 1 July.

HM Revenue & Customs has confirmed it will make changes to current legislation to allow Australian schemes to continue to be included as Qualified Recognised Overseas Pension Schemes (QROPS) where appropriate.

HM Revenue & Customs has admitted some of the schemes listed on its site as recognised cross-border pension schemes may still not allow transfers from the UK.