Last chance for Civil Service Pensions
Qualified Recognised Overseas Pension transfers (a.k.a. QROPS) give individuals the ability to transfer frozen pensions out of the UK. They can be massively useful for expats, and for those that intend to retire abroad. From April 2015, anyone with a civil service pension frozen in the UK, will lose this ability due to Government changes. […]
Financial Planning, Pensions, QROPS
The end of public sector pension transfers
Pension transfers from public sector pension schemes will be banned forever in five months. This means that from April 2015 transfers will no longer be permitted from the following ‘unfunded’ public sector schemes: NHS Teachers Civil Service Police Armed Forces Fire fighters Pension members, who are thinking of moving abroad or who are already living […]
Army, Civil Service, Police, Public Sector Pensions, QROPS, Teachers, UK Pensions
Financial Planning, Pensions, QROPS
Expat teachers make the most of QROPS (whilst it lasts)
Teachers from the UK are grabbing their final opportunity to transfer their pensions offshore before the door is permanently closed from April 2015. The public sector pension fund is severely depleted, threatening to shatter the retirement dreams of those who have worked at the forefront of British society for much of their lives. With the […]
