The government has confirmed in today's Budget that it will align the tax treatment of foreign and domestic schemes.
According to documents published on the Treasury's website, transfers to qualifying recognised overseas pension schemes (QROPS) will be subject to a 25% tax charge from 9 March. Similarly, t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
