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Retiring Abroad
Proposals to reform the rules around qualifying recognised overseas pension schemes (QROPS) may prompt a spate of mis-selling of competing products, an expert has warned.
Retail banks could come into the QROPS market as legislation removes complexity, according to Rex Cowley, consultant for The Overseas Pension.
Kleinwort Benson has launched a new offshore annuity trust: the COPIA+ Guernsey Retirement Plan.
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Mark Lisle, compliance manager at Rowanmoor Pensions, thinks it highly unlikely future generations will consider these among the pension glory days...
The news from Scottish Widows that 50% of women are now saving properly in pensions is welcome, but retirement equality is still a long way off.
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