UK pensions can be transferred to a QROPS in Malta. Malta is a European country with over 70 Double Taxation Agreements including all the European Economic Area (EEA) countries. A QROPS in Malta is regulated by the Malta Financial Services Authority. Both private and some public pension schemes can be transferred to Europe. Unfunded public
Transferring a Defined Benefit Pension Scheme to a QROPS The Financial Conduct Authority (FCA) have written a report concerning transfers of final salary pension schemes abroad. In the 58 page report, PS 18/20, regarding safeguarded benefits on 4th October, 2018, Christopher Woolard, FCA’s Executive Director of Strategy and Competition said: “These new rules will mean advisers
The Race to Retire in Europe The official “transition date” for Brexit was 29th March, 2019 and many Brits are looking to retire in Europe to try to solidify their EU status and any rights they might have before all the deals are set in ink. After the official Brexit day on 29th March 2019,
QROPS Post Brexit – Exit Tax Issues QROPS and Brexit. Can you transfer a UK pension to the EU after Brexit? Will there be a tax on a UK pension transferred to the EU after Brexit? Can someone in the EU access their UK pension scheme after Brexit? There have been two very interesting posts
QROPS Spain Transferring a UK Pension to Europe as a Resident in Spain Residents in Europe have the option of transferring a UK pension scheme to a Qualifying Recognised Overseas Pension Scheme (QROPS) in Malta. Malta is a country in the European Union and a member of the European Economic Area. A QROPS in Malta
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