Overseas aspects of pension schemes

Overseas aspects of pension schemes guidance:

FORTHCOMING DEVELOPMENT 1: If the UK leaves the EU without agreeing relevant arrangements with the EU, the Occupational and Personal Pension Schemes (Amendment etc.) (EU...

Practice Note

At a very high level, certain provisions of the US Internal Revenue Code of 1986, as amended (the Code), commonly known as FATCA, seek to encourage foreign (ie non-US)...

Practice Note

Why use a QROPS? In practice, many Qualifying Recognised Overseas Pension Schemes (QROPSs) are personal pension schemes or retirement annuities that are marketed for...

Practice Note

Solvency II is a European risk-based solvency capital regime which applies to insurance and re-insurance companies and came into force on 1 January 2016. It replaced...

Practice Note

FORTHCOMING DEVELOPMENT: The Pensions Regulator (TPR) announced an intention to review its codes of practice over 2019/2020 to reflect the Occupational Pension Schemes...

Practice Note

Pension rights may be transferred from one scheme to another. To avoid any adverse tax consequences under the Finance Act 2004 (FA 2004), a transfer from a UK-registered...

Practice Note

There are different categories of overseas pension schemes, with various layers of requirements. These include: • Overseas Pension Schemes (OPS) • Qualifying Non-UK...

Practice Note

Since A-day (6 April 2006), the main elements of the tax regime applicable to overseas employees and other individuals who are members of overseas pension schemes are as...

Practice Note
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