Plans announced by Chancellor Philip Hammond in the Autumn Statement to bring QROPS and other overseas pension transfers into line with UK pensions will spark a “surge” in overseas transfers believes a leading offshore advice firm owner who supports the tightening up of the rules.

There is a moral case for tax havens that can be conveniently overlooked, the head of a global advice firm says, as a major anti-corruption summit takes place in London today.

Britain’s higher earners should consider reviewing their pension tax relief strategy “sooner rather than later”, warns the chief executive of a large independent financial advisory organisation. Read more...

All but one of the Australian schemes on the list of Recognised Overseas Pension Schemes has been culled. Read more...