QROPS transfers guidance
The financial industry welcomed the Pensions Regulator’s guidance notes on QROPS transfers. New rules designed to prevent scams were sorely needed as we have seen so many people’s pension pots decimated by criminal behaviour and poor adviser practises.
However, pension providers often interpret the recently introduced red flag system incorrectly. This is unsurprising as insurance companies, particularly, are renowned for taking a cautious stance. Unfortunately, this careful approach has created unnecessary delays and stopped perfectly justifiable QROPS transfers. Slowly but surely, change is on the way.
En savoir plus : https://axis-finance.com/multi-jurisdiction-divorce-and-pensions/
