Qrops

QNUPS has remained in QROPS shadow for some time. However Adam Wrench believes they can form a useful part of a client's retirement planning portfolio

London & Colonial has raised concern over the continuing promotion of what it calls "questionable esoteric and overseas property developments" because of a loophole allowing IFAs to move such investments into unregulated environments.

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.

The number of pension transfers to qualifying recognised overseas pension schemes (QROPS) during 2012 was up 35% at deVere Group.

PENSIONS

The FSA's proposed SIPP capital adequacy measures risk causing consumer detriment according to the Association of Member Directed Pension Schemes (AMPS).

FIVE THINGS

A QROPS loophole, where a member can take double tax free cash, highlights the problems in pension legislation, according to a pension specialist.

Fiona Murphy goes through this month's Inquiry on retiring abroad

QROPS