Pensions and inheritance may be affected by proposed regulations by the HMRC in April 2027. If implemented, these changes may affect how pensions are passed on to beneficiaries, particularly for those with larger estates or pensions held overseas.
Insights
Postrehy
De-listed QROPS: Are You Trapped Without Options?
De-listed QROPS can sometimes result in restricted access, limits on transfers, and potential tax implications. Every case is different, and the impact will depend on your personal circumstances.
Comparative Overview: Artificial “Consultant Company” IORP/QROPS Schemes
Clients relying on artificial “consultant” companies risk: tax charges, penalties, invalid transfers, and loss of pension protections.
Dutch Pensions and Occupational QROPS – A Risky Loophole
Transferring a Dutch pension to a Malta occupational QROPS can look like a neat workaround. In reality, it could be very bad advice.
The Occupational QROPS – A Way to Avoid 25% Overseas Transfer Charge?
The promise of avoiding a 25% tax charge may sound appealing, but if the foundation is artificial, the risks far outweigh the benefits.
Irish Pensions and Occupational QROPS – A Dangerous Loophole?
If you’re being advised to set up a company just to sponsor yourself into a Malta IORP, proceed with extreme caution.