Monthly Archives:: June 2015

HMRC QROPS list may be dangerous for your wealth

Posted by & filed under QROPS list.

Transferring a UK pension to a provider appearing on the HMRC QROPS list does not confirm you will not be penalised with a hefty tax charge

The HMRC Qualifying Recognised Overseas Pension Schemes (QROPS) list is sometimes mistaken as a seal of approval that a listed pension plan meets all the rules required of it. This implies that it can accept UK pension transfers without a draconian penalty being applied. Furthermore, it can also be mistaken that a pension provider not… Read more »

Don’t fear HMRC’s QROPS list suspension

Posted by & filed under QROPS list.

HMRC lists suspension

  HMRC have confirmed that their ROPS list, previously QROPS list, is currently suspended having not been updated mid-month as expected. They have stated that a new one will be produced for the 1st of July.   This can be viewed as good news despite how it may first appear. The reasoning behind the mid… Read more »

How retirement planning makes you wealthier

Posted by & filed under Retirement planning.

Best retirement planning feature pic

  The best financial management involves planning to ensure that your goals are achieved as efficiently as possible. Creating objectives and prioritising can allow you to amass sufficient funds to provide for a long and prosperous life in retirement. What follows is a guide of how you too can create the best opportunity for achieving… Read more »

What is an annuity and should you have one?

Posted by & filed under Annuity, UK Pensions.

Pensions, what is an annuity & how do annuities work

An annuity is a common form of pension investment for retirees. Below we will answer the following questions; What is an annuity? How do annuities work? What are annuity rates? What are annuities benefits and drawbacks? What are the common types of annuities? Alternative options MoreWhat is an annuity Annuities provide the holder a form… Read more »

Sign up to our newsletter

Receive the most up to date information from Liberty Wealth Management.