Guernsey, Ireland and the Isle of Man remain popular QROPS jurisdictions, with the countries having 143, 91 and 218 QROPS respectively. Other popular jurisdictions are Canada (60) and Germany (30). France has 12 recognised QROPS schemes.
HMRC usually publishes its QROPS list on a bi-monthly basis. However, although it lists the number of new and delisted schemes in each country, it does not report details of the numbers of people choosing to invest in each scheme, nor does it detail the individual, total or average figures invested.
The QROPS list is important because it allows retirement savers to be sure that schemes meet the HMRC criteria.
Talk to an independent international financial adviser to find out more.
This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.
Many British pensioners enjoy healthy private pensions or have built up substantial savings that more than meet their day to day living needs. It is not surprising then to learn that about one in ten elects to gift part of their savings to their grandchildren, with average gifts amounting to £15,000 according to a survey by OneFamily.
On one level or another we have all been affected by this virus. Some financially, some emotionally or physically. Thousands have lost their job or are on partial income, many are bound to stay home, have not seen loved ones in months; others have even lost family members or friends.