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HMRC report details French QROPS

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.

Other News

The best places for sun-seeking expats

Sunglasses on a beachNow that September is here, the summer is definitely drawing to a close for another year. For those of us living in the UK, we no doubt have a dark, cold, and almost certainly, wet autumn and winter to look forward to. While this summer may have been better than some years – 2017 saw the country blessed with bursts of intense heat, including the hottest August Bank Holiday weekend on record – the warm sunshine was only fleeting.

It’s no wonder then, that so many Britons become tired of the long stretches of gloomy weather of their native land, choosing to move to warmer climates; and this is backed up in the the latest Expat Insider survey from InterNations.

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Expat Pension Concerns Cause Dwindling Number of Brits in EU

Its time to say goodbyeThe number of British pensioners living as expats in the European Union (EU) fell from 468,790 in 2017 to 462,680 in 2018, according to figures based on data derived from the Department for Work and Pensions.

It is the first time in more than a decade that there has been a decline in the numbers of British pensioners abroad and it is thought that Brexit and the uncertain future of expat pensions are the major factors behind the decline.

Although the draft withdrawal agreement seems to have provided some security for Brits abroad concerned about their expat pension and legal residency rights, this is only assured until 2020,

Read More

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