QNUPS are fairly new to the international investment marketplace. But nevertheless, the same question that you might ask about any investment opportunity is relevant: what are you looking for in an investment opportunity? A decent return Weighing up whether an opportunity offers this should be a combination of reviewing the advice you receive from your [...]
How much does a QNUPS cost?
September 3, 2010
If you have read about QNUPS and been enthused by the idea of getting an overseas pension scheme that is exempt from UK IHT, you may be wondering what the catch is. Surely this has to be too good to be true? Not necessarily. As long as you do enough research into finding the right [...]
Advantages of a QNUPS pension
September 2, 2010
When QNUPS were announced to be exempt from UK inheritance tax in February of 2010, the financial services industry was wildly enthusiastic about them. However, there is more to a QNUPS than the fact that it can be used as part of an inheritance tax planning scheme. It should not be forgotten that QNUPS can [...]
QNUPS and QROPS – what’s the difference?
August 31, 2010
QNUPS and QROPS are terms that are flying around the offshore and overseas investment communities at the moment. Are they the same thing, or are they different? This is where it starts to get confusing. QNUPS is a wide catch all term to describe a large group of overseas pension schemes that meet HMRC criteria [...]
Top 3 questions about QNUPS
August 29, 2010
If you are interested in planning your personal finances, you may have heard about QNUPS. Here are the answers to the top 3 questions you may wish to ask about them. What does QNUPS stand for? QNUPS stands for Qualifying Non UK Pension Scheme, which means that they are overseas pension schemes that meet HMRC’s [...]
Three facts you need to know about QNUPS
August 27, 2010
Here are three main facts that you need to know about QNUPS. QNUPS are exempt from inheritance tax immediately Have you ever taken advice on inheritance tax planning measures before? If you have, you may have been frustrated to learn that some schemes cannot be guaranteed to be effective for at least 7 years after [...]
Fryer case highlights need for IHT planning
August 25, 2010
What is the default position of assets or money in a pension fund on the scheme member’s death for IHT? The answer to this question rests on whether or not benefits have been taken from the scheme. With UK private pension schemes, benefits may typically be taken between the ages of 55 and 75. A [...]
How a QNUPS can help you
August 24, 2010
Have you been reading about QNUPS and wondering whether there is anything about them that may apply to you? Sometimes it is easy to assume that the benefits of investing overseas only apply to the superrich. However, QNUPS may be suitable for a wide range of investors. If you are in doubt, why not speak [...]
QNUPS and tax – how it all works
August 23, 2010
QNUPS are being touted as the way forward in inheritance tax planning. So how do the schemes work, and what happens from a tax perspective? Inheritance tax With UK based inheritance tax planning schemes, taxpayers typically have to wait up to seven years for the scheme to be effective. If the taxpayer should die within [...]
