Posted by Paul Davies on 23/04/18 10:10 | Post topics QROPS

The UK’s leading experts in advising on UK pension transfers to Australia and New Zealand, bdhSterling Ltd, will be in attendance at two migration seminars focused on migrating to Australia and New Zealand, hosted by visa specialists The Emigration Group.

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Defined Benefit Pension Schemes – Latest ‘White Paper’

Posted by Paul Davies on 05/04/18 13:36 | Post topics The Pensions Regulator

There was some positive news for defined benefit (DB) pension scheme members with the release of the Department of Work and Pensions’ (DWPs) White Paper on 19th March 2018. In summary, the paper explains how the UK government intends to increase the protection for DB pension scheme members and seeks to make improvements to the DB regime.

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How the Lifetime Allowance could Affect Your QROPS Transfer

Posted by Paul Davies on 29/03/18 12:58

For people who are living abroad or planning to move overseas to countries like Australia or New Zealand, transferring their pension to a QROPS can be a good idea, particularly if they have a sizeable pension pot. At the same time, they must be mindful of the Lifetime Allowance.

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BT Pension Scheme – Latest Position for Members

Posted by Paul Davies on 07/03/18 11:35 | Post topics United Kingdom

On 15th November 2017, BT launched a formal 60-day consultation on proposing changes to the company pension scheme – the BT Pension Scheme (a defined benefit arrangement).   Although one of the largest pension schemes in the private sector, with around 300,000 members, it is reported to have a deficit of around £13.9 billion.

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Will a New Petition Change the QROPS Landscape?

Posted by Paul Davies on 26/02/18 10:36

Many expats feel that the Overseas Transfer Charge (OTC) unfairly discriminates against them because of where they live. As a result, some expats have launched a petition to scrap the OTC on transfers from UK pensions to QROPS schemes. While the “Scrap the 25% overseas transfer charge expats pay on QROPS pensions” petition is likely to gain a lot of support, will it gain enough support to force government action, and is the transfer charge the only thing people should think about when considering a QROPS?

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