We are now into a new UK tax year, let’s look at: Lifetime Allowance 5 Key Facts Current Lifetime Allowance 5 Key Facts (LTA) The LTA is now £1million, …
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Drawdown vs UFPLS
Since 2006, there have been a lot of changes to UK pensions and especially the terminology, Flexi-access drawdown and the Uncrystallised Funds Pension Lump Sum are examples. April 2015 introduced the …
Low Cost SIPPS and QROPS
Not a Low Cost at All I have just seen an international publication promoting “new” low cost SIPPs and QROPS to the offshore advice market. Since we offer the most …
How an expat has their UK pension taxed
There appears to be some misunderstanding about how an expat has their UK pension taxed. This article briefly explains the interaction between UK pensions, tax for non-UK residents and the …
US QROPS and SIPPS
There are an increasing number of offers to expats connected with the United States (US) to provide advice about US QROPS and SIPPS. We have expertise in this area having …
Why pay for Transfer Analysis for a final salary pension?
For many years, even before it became compulsory, UK advisers specialising in pension transfers offered clients pension transfer analysis.I can recall being involved with the first transfer analysis systems about …
IRS compliant QROPS for US residents
IRS compliant QROPS – Three Letter Abbreviations (TLA) are used by some advisers to confuse the consumer; here are some examples, DTAs, IRS, SIPP, ROPs make it appear that they …
What are the best UK pension options for USA residents?
Let’s start by saying we do not recommend a move to a QROPS for a current USA tax resident. That is to say, if you have transferred to a QROPS …
US residents – UK pensions and QROPS (Part 2)
This is the second in a series about what would be the best option for US residents who have a UK pension and are considering a QROPS. First article – …
Double Tax Treaty (DTT) Agreement
When offshore web sites advertise “no tax” or “avoid this tax” they are often only referring to UK tax or UK pension tax, as though other countries like Australia, the …