04/02/2013 – Louvre appoint Gower to QROPS
Gower Pensions Management appointed to Louvre QROPS solution
Louvre Trustees Limited has today appointed Gower Pension Management Limited as trustee to the Hussar International Pension Plan the Louvre Group QROPS offering.
Lourve Group states “Gower is a leading regulated pension’s specialist with its head office in Guernsey.
Louvre Group’s decision follows HMRC’s move in March 2012 to remove Guernsey based QROPS schemes from their official list. At that time we advised the market that we were focused on ‘providing pension…Read more
New Gibraltar based QROPS
HORIZON INTERNATIONAL PENSION PLAN
A new Gibraltar based QROPS from £995, from a leading QROPS provider.
The Gower name has been linked to the provision of financial services in the Bailiwick of Guernsey since 1948 and is one of the largest providers of retirement annuity trusts schemes in Guernsey. Gower is also a leading provider of multi-jurisdictional QROPS solutions.
CLIENT BENEFITS INCLUDE:
Gibraltar is a member of the EU and UK crown dependency
Newly created QROPS legislation which meets HMRC…Read more
Vision International Pension Plan (VIPP)
Vision International Pension Plan is a savings plan designed to allow flexible savings including regular contributions and/or ad hoc lump sums. Key features and benefits include:
£500 set up and £500 per annum
Choice of 24 self select funds or the choice of a structured Discretionary Investment Management Service
Online viewing access and investment valuations
No plan penalties on early surrender or early cessation of premiums
Ability to increase or reduce contributions at any time with no plan penalties…Read more
QROPS Changes Up-date 18th May 2012
QROPS Changes Up-date
Following HMRC’s notification to change QROPS legislation from 6th April 2012, Guernsey introduced new pension legislation under Section 157(E) of the Income Tax (Guernsey) Law 1975 (as amended) in an attempt to ensure Guernsey QROPS’s continued to remain compliant with HMRC requirements. Whilst we feel very strongly that this legislation meets with the conditions imposed by HMRC it is apparent that the drafting has been rejected. HMRC have recently issued notification that they intend on amending…Read more
QROPS Changes up-date 11th April 2012
Following HMRC’s notification to change QROPS legislation from 6th April 2012, Guernsey recently introduced new pension legislation under Section 157(E) of the Income Tax Guernsey Law 1975 (as amended) to ensure Guernsey QROPS’s continued to remain compliant with HMRC requirements.
HMRC have been in recent discussions with the Guernsey Income Tax Authority regarding the new Section 157(E) legislation and within these discussions HMRC have indicated a number of areas of concern. Whilst they have not been specific or…Read more
The future of Guernsey QROPS & Changes up-date 30/03/2012
Gower Pensions Management Limited (“GPML”) is pleased to confirm that pension legislation under section 157E of the Guernsey Income Tax 1975 Law has been approved and as of 26th March 2012 has been written into Law.
What does this mean?
GPML is a member of the Guernsey Association of Pension Providers and a leading provider of pension solutions. We are pleased to confirm that Guernsey will continue to be the QROPS provider of choice and GPML has been…Read more