PENSIONS including SIPP's and QROPS
You will need suitably QUALIFIED and fully INDEPENDENT financial advice with the correct AUTHORISATION
What has changed?
The changes are quite extensive and qualified advice is needed to see how it affects you. The headlines of the changes are as follows;
1. Investment Restrictions
2. Revised Member Disclosure requirements
* Cost and commission disclosure
* On-going investment fee disclosures
3. Introduction of Members 'right to cancel'
4. Licensing requirements & changes to 'Terms of Business'
* Especially distinguishing between European and Non-European 'Advisers'
5. Introduction of 'Professional Member' classification
6. Revision of QROPS payment rules
Complex? Confusing? Did your adviser tell you?
1. Investment Restrictions
2. Revised Member Disclosure requirements
* Cost and commission disclosure
* On-going investment fee disclosures
3. Introduction of Members 'right to cancel'
4. Licensing requirements & changes to 'Terms of Business'
* Especially distinguishing between European and Non-European 'Advisers'
5. Introduction of 'Professional Member' classification
6. Revision of QROPS payment rules
Complex? Confusing? Did your adviser tell you?
I could give you more detail but much of this is very technical. One thing which is for sure is that all Malta-based Pensions are affected!
How can I help you?
Send me a few outline details about your Malta Pension, together with your email address or contact number and I will get a suitably Qualified and Independent financial adviser to contact you, without obligation.
- Suitably QUALIFIED
- REGULATED by the correct authority
- EXPERIENCED with an appropriate record of achievement in the UK
DUE DILIGENCE needed as this article shows;
