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Stop the presses: onshore schemes are focus of UK pension-busting probe

Stop the presses: onshore schemes are focus of UK pension-busting probe

Critics of the international pensions industry expressed surprise today when it emerged that no offshore pension schemes, or QROPS, are involved in High Court proceedings that began in London today.

At least, that's what sources involved in the international pensions industry told International Adviser, explaining that there had been a widespread perception, particularly in certain onshore UK circles, that The Pension Regulator's crackdown on pension liberation schemes would, at least in part, focus on offshore pension products, such as QROPS.

Please link to International Adviser to read the full article by Helen Burggraf.

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