Recent UK Pension reforms mean that uncertainty has risen inside the QROPS industry. If you are looking to have your overseas pension scheme transferred from the UK before the age of 55 you could now face tax charges from the HMRC. From 6 April 2015 the UK will favour pension savers over the age of […]
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Should You Cash In Your UK Pension For A Lump Sum?
Is It A Good Idea? The UK has recently reformed some of its pension rules. From 6 April 2015 these reforms include: A new flat rate state pension, Tax changes for the beneficiaries of your retirement fund, No more annuity purchase requirements. There is also an option to withdraw from your pension schemes with complete freedom […]