As a consumer of financial products, it can be difficult to tell what kinds of questions you should be asking when you are looking into getting a new one. Qualifying Non UK Pension Schemes have only been around for a few months, but already there are a variety of schemes for investors to choose from. [...]
Why you should get a QNUPS
Why should you get a QNUPS? Qualifying Non UK Pension Schemes have only been around for a few months, but they are already causing a stir in the offshore pensions world. Whilst Qualifying Recognised Overseas Pension Schemes (or “QROPS”) have been around for a while, it was not clear until the QNUPS regulations came in [...]
QNUPS and what you can invest in
Sometimes when you are looking into the issue of what to do with your pension, you become lost in details about fees, rules and regulations. It can be difficult to glean from the marketing materials available where your money will end up. Accordingly, this article aims to set out the basics about QNUPS and how [...]
What do QNUPS have to offer?
QNUPS stands for Qualifying Non UK Pension Schemes. They were brought about by UK government regulations which came into force in February 2010, and offer a number of advantages to people who want a tax efficient way to save for their retirement. The first thing to note about the schemes is that they are exempt [...]
Your legacy and how a QNUPS can help
Before we start to talk about inheritance tax planning – have you even made a will? If you have not, it will not be your wishes but the state who decides how to distribute your belongings after your demise. If you are living abroad or own assets that are based in foreign countries, you may [...]
QNUPS: a whistle stop tour
Sometimes it’s better to look through a quick guide to a financial product while you are still making your mind up about whether it is something you want to pursue. So what is a QNUPS, and do you want one? The definition A QNUPS is a Qualifying Non UK Pension Scheme, which means it is [...]
QROPS vs QNUPS
All of the acronyms around overseas pensions are confusing. What do they mean? Are they talking about the same things, or are they different? QROPS QROPS stands for Qualifying Recognised Overseas Pension Schemes. They have been around since 2006, and offer freedom from UK income and inheritance tax. However, there are a number of strings [...]
Introduction to QNUPS
Every now and again, a new financial product hits the shelves, so to speak, that seems like a great deal for investors. When Qualifying Non UK Pension Schemes were introduced in February of this year, they were welcomed by investors everywhere who dreaded paying nearly half of their assets in inheritance tax after their death. [...]
QNUPS Questions
The best way to get to know about QNUPS is to ask questions about them. So here we ask the main ones: What is a QNUPS? A QNUPS is a Qualifying Non UK Pension Scheme, which is a type of pension scheme based overseas that was brought into being by government regulations in February 2010. [...]
QNUPS and your retirement strategy
What is your strategy for planning your retirement? If you have a “shopping list” for the things that you are looking for in a pension scheme, then a QNUPS may be well worth a look. No IHT Whilst this may not be the first thing that you may prioritise when considering what to do about [...]
