SIPP Articles

Expat financial advice from the experts

Harbour International SIPP

Harbour International SIPP Review

Harbour International SIPP Review The Harbour International SIPP was launched by The Pension Solutions Group as an alternative to the poor service, expensive and opaque charging products that were previously offered on the market. Rather than assess whether it has achieved its objective this review will focus on exactly what it offers and allows the […]

International SIPP benefits

International SIPP Benefits – Is It The Right Solution for You?

International SIPP (Non – Resident SIPP) An international SIPP (Self Invested Personal Pension) is exactly as it sounds in that it is the international (non-resident) version of a standard UK SIPP. Initially introduced as an alternative option to the QROPS (Qualifying Recognised Overseas Pension Scheme) which were often missold, required taking monies out of UK […]

Novia Global International SIPP

Novia Global International SIPP – What should you know?

Novia Global International SIPP Before digging down into Novia’s new International SIPP being offered by Novia Global let’s first confirm exactly what an international SIPP is and who Novia Global are. What is an International SIPP? An International SIPP is a self-invested personal pension with extensive investment options specifically built for non-UK residents whilst still […]

non resident sipp comparison

International SIPP Comparison – How do they differ?

Since the introduction of the QROPS ‘Overseas Transfer Charge’ (OTC) on the 9th March 2017, where certain transfers to and from a QROPS are liable to a 25% tax charge, we have seen a large rise in the number of clients looking to utilise a SIPP (Self Invested Personal Pension) for managing their UK pensions. […]

Canadian QROPS

No Canadian QROPS – you can still transfer UK Pensions

Did you know that HMRC has cut all Canadian QROPS? In February 2017 Her Majestys Revenue and Customs (HMRC) decided to cut all Canadian QROPS / ROPS (Qualified/ Recognised Overseas Pensions Schemes) from the ROPS list. The reasons being that Canadian retirement plans allow for the holder to use their pension as collateral when buying a […]

Expat Pension Sharing Order for UK Company Pensions

Expat Pension Sharing Order for UK Company Pensions

Expat Pension Sharing Order for UK Company Pensions Pension sharing order for UK company pensions has become more and more common in recent times. The process itself is not overly complex and there are a number of companies in the UK, who can assist with this. The issue arises when you are no longer a […]

No American QROPS – You can still transfer UK Pensions

No American QROPS – You can still transfer UK Pensions

Are you aware that HMRC has cut all American QROPS? From the 9th March 2017, the Chancellor of the Exchequer announced in his annual budget the introduction of an Overseas Transfer Charge (OTC). The OTC is, in essence, a 25% tax on any pension transfer to a QROPS for those that reside outside of the EEA […]

Nortel pension

Do you hold a Nortel pension?

Do you hold a Nortel pension? If you are part of the Nortel pension scheme then it is likely you have recently received a letter from Nortel UK Pensions. The message from the Nortel Pension Trustees informs you about your defined benefits pension and the options available. Nortel Networks Background Nortel filed for bankruptcy protection […]

720 Modelo pension

What impact does the 720 Modelo have on my pension?

720 Modelo and my pension Before answering ‘what impact does the 720 Modelo have on my pension’ we are best off breaking it down. Many of our clients know about the 720 Modelo but are unsure the exact details and associated implications. So…… What is the 720 Modelo? Brought in under new legislation in 2012 […]

British Airways Pension Scheme

NAPS – New Airways Pension Scheme

Do you hold a British Airways pension? If you are part of the BA pension scheme then it is likely you have recently received a letter from NAPS – New Airways Pension Scheme. The message from the NAPS Trustee will have informed you of. “The closure of the NAPS – New Airways Pension Scheme to […]