All Qualified Recognised Overseas Pension Scheme (QROPS) articles
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NewsPensionBee reports providers to DWP alleging transfer rules abuse
PensionBee has reported a number of providers to the Department for Work and Pensions, accusing them of exploiting regulatory loopholes to obstruct and delay transfers.
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OpinionPension scams – it feels like we might be winning
We all know that there are new rules to protect members from being scammed.
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News
True scale of pension scams unknown, says PPI
On the go: The “true scale” of pension scams remains unknown, as only a minority are reported and data is not collected in comparable ways across the industry, the Pensions Policy Institute has warned.
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OpinionTrustees cannot ignore deferred members abroad
From the blog: The press is full of reports surrounding the transfer of defined benefit schemes to defined contribution or personal pensions. What has been massively overlooked is trustee responsibility to deferred members who are no longer UK residents.
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OpinionA straitjacket for overseas transfers
From the blog: Gone are the days of UK scheme members moving to sunnier climes and transferring pension benefits to wherever in the world best suited.
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OpinionQROPS: Between expat need and tax loophole
Analysis: Moving to live or work abroad is not, for most people, logistically straightforward, and planning ahead is key to ensure a smooth transition, particularly when considering long-term financial requirements, including pensions.
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News
Uptick in scams prompts call for tighter regulation
A recent increase in reports of suspected pension scams has been called “the tip of the iceberg”, as experts said tighter legislation would help schemes ensure their members do not lose hard-earned retirement savings.
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OpinionScams: What trustees can do to avoid members becoming victims
Trustees are, in fact, indirect victims of scams, so action to protect members is more often than not action that also helps themselves.