Transferring a UK pension overseas requires you to have your National Insurance Number. For some people this is emblazoned on their memory, for others they
The number of UK pension transfers into Qualifying Recognised Overseas Pension Schemes (QROPS) surged to 7,100 in the 2023–2024 financial year—more than double the previous
Malta’s popularity as a destination for UK pension transfers has been sharply undercut. As of 30 October 2024, the UK government officially removed the EEA
With legislation now passed, a new tax option is coming for anyone looking to transfer an overseas pension to New Zealand. From 1 April 2026, individuals
For Australian residents who transferred their UK pension to a Qualifying Recognised Overseas Pension Scheme (QROPS) in Malta or Gibraltar before 9 March 2017, there
Over the past decade, the process of transferring UK pensions to New Zealand’s QROPS has undergone significant changes. By analyzing transfer duration data from 2014
For many considering transferring their UK defined benefit (DB) (aka final salary) pensions, recent declines in transfer values may be concerning. However, rather than waiting for
The UK government expects to grab approximately £2.35 billion annually from changes to the taxation of non-domiciled individuals, particularly through far reaching reforms to inheritance tax (IHT).
From 2027, individuals with substantial UK pensions will face significant exposure to Inheritance Tax (IHT), which is charged at 40% on estates exceeding the nil-rate
If you have a UK pension valued over £1 million or stopped making contributions before 6 April 2016, you have one last chance to lock
New Zealand has moved from 17th to 14th in the world on the Mercer CFA Institute Global Pension Index. The index evaluates global retirement income systems based on
In the Autumn Budget of 2024, UK Chancellor Rachel Reeves announced significant changes to inheritance tax (IHT) rules concerning pensions, set to take effect from
New Zealand’s not the only one with traffic lights In late 2021 the UK Department for Work and Pensions introduced new laws to combat pension
For many years the regulator in the UK, the Financial Conduct Authority (FCA), has ramping up the introduction of legislation to make it more difficult
The Labour Party are proposing to raise the top tax bracket in New Zealand to 39% on earnings over $180,000 if re-elected. On the face of
The distance between you and your UK pension just got a whole lot bigger as the world has started to isolate, what seemed close is
The biggest determinate of transfer values is UK bond yields. The lower these go the higher the transfer value of pensions go. With COVID-19 spooking the markets
We all have those annoying and pesky tasks that we’ve been meaning to get around to. Sorting out your pensions is often one of them. Well, if
UK pension transfers are complex paper shuffling exercise at the best of times. They are also often constrained by the strict timeframes given for defined benefit
We’ve been in the pension transfer game a while, since 1999 to be precise, so have seen our fair share of crises. Most of them have
The amount that companies would offer as a transfer value for a £10,000 annual pension rose from £238,800 at the end of 2019 to £245,800