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Gibraltar must 'act fast' to meet Rops reforms

Gibraltar must 'act fast' to meet Rops reforms

Overseas pensions offered from Gibraltar are most at risk of losing their 'recognised' status when the UK brings in a new rule requiring such products to be regulated in the country where they are established. From April 2017, all recognised overseas pension schemes (Rops) outside the EU will need to be approved by a local regulator in the country where they are based or face being struck off the HM Revenue & Customs' (HMRC) list, which details the schemes currently available to UK citizens abroad. Please link to International Adviser to log in and read the full article by Monira Matin.

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