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QROPS Overseas Pensions Slideshow

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A comprehensive overview of the QROPS services offered by Pryce Warner International Group. …

A comprehensive overview of the QROPS services offered by Pryce Warner International Group.
http://www.prycewarner.com/pg-qrops-overseas-pensions-6.html

Published in: Economy & Finance, Business

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  • What is certain, is that while qualifying investors in Singapore for the QROPS scheme are being inconvenienced and disadvantaged with this change, if they are already in Singapore and investing here, they are far enough ahead in the game that this change won’t be significant to them. it is also very rare in internet that is why it was very difficult to understand.
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  • Update countries- remove Dublin, Madrid & Frankfurt Add Roger’s name & job title.
  • Please would you put 4 funds on silde as shown on Corporate review.
  • Please would you put 4 funds on silde as shown on Corporate review.
  • Please would you put 4 funds on silde as shown on Corporate review.
  • Update countries- remove Dublin, Madrid & Frankfurt Add Roger’s name & job title.
  • Transcript

    • 1. QROPS Overseas Pensions International Pension Planning DivisionGeneva London Paris Brussels Monaco Nassau
    • 2. QROPS-Overseas Pension Scheme TransfersWhat are the Benefits of an Overseas Pension Scheme Transfer?Increase your monthly Income and your Asset Value using your QROPS Pension PlanEnjoy Greater Global Diversification and the Risks against Currency FluctuationsMinimise UK Inheritance Tax (IHT)Fully portable form Country to CountryGreater flexibility in terms of how & when you draw down your benefitsHigher Growth Rates & Reduced Administration Costs vis a vis UK PlansYou can withdraw a 25% lump sum, 30% if resident outside the UK for over 5 yearsGlobal Financial Expertise Wherever You Are www.prycewarner.com
    • 3. QROPSQualifying Recognised Overseas Pension SchemeIntroduced on “A” day (April 2006)HMRC Approved Overseas Pension SchemeUK Pension Plan Holders can transfer plans to a QROPSAvailable to Expats and Non-Domiciled Individuals Around the WorldIncrease Pension IncomeReduce Tax BurdenEnsure that your pension plan assets pass to your beneficiariesGlobal Financial Expertise Wherever You Are www.prycewarner.com
    • 4. Principal Benefits of QROPS*Tax Free Cash Lump Sum – 25% on retirement, 30% if resident outside the UK for over5 yearsNo requirement to buy an annuityIncome drawdown based on UK GAD rules0% Tax on death pre-retirementSignificant Estate planning opportunities*We advise that a minimum investment of £100 000 is required to obtain these benefitsGlobal Financial Expertise Wherever You Are
    • 5. Additional BenefitsBenefits: You do not have to buy an annuity at retirement. Instead you can keep your pension fundsinvested and drawdown from them to provide a pension. Unlike an annuity, your remaining fund staysintact. You can defer draw down benefits to a time that suits the pension plan holderInvestments: Investment opportunities in a wide range of asset classes including InternationalProperty Funds.Estate Planning: Our QROPS can be used to transfer benefits tax-efficiently to your beneficiaries.Fees: Transparent and cost efficient fee structureRegulation: Our Malta QROPS is fully approved and regulated by Jurisdictional Pension regulatorsGibraltar: We also provide a Gibraltar based QROPS which has distinct benefits for certain planholdersGlobal Financial Expertise Wherever You Are
    • 6. Why Pryce Warner International Group?Over 40 Years Experience In Dealing with the Needs of Expats Throughout the WorldEach Client has a Personal Account RepresentativeGreater Control over Their Investment ManagementGreater Breadth of Investment OpportunitiesIncreased Estate Planning OpportunitiesQROPS provided In Malta & Gibraltar: The HMRC approved jurisdictions with thehighest levels of regulation and securityTransparent CostsClear & Concise Investment Reporting24/7 Web Access to AccountsGlobal Financial Expertise Wherever You Are
    • 7. Investment OptionsOur Clients have a wide range of investment options available to them and inorder to ensure these are fully taken advantage of, we offer a ProfessionalReview & Advice service.Particular attention will be paid to your withdrawal requirements & thecurrencies required.All our portfolios are Multi-Currency and Globally Diversified.Freedom to manage the assets within the plan in accordance with ever-changing financial situations.Direct access to your own pension plan advisorGlobal Financial Expertise Wherever You Are
    • 8. Our Fund Performances as at 1st February 2013 Performances are Shown in %Annual Compound Rates of Growth See next slide for relevant fund detailsGlobal Financial Expertise Wherever You Are
    • 9. Pryce Warner lnternational Growth PortfolioThis Portfolio is a Multi-Currency Globally Diversified Equity Portfolio providingcomprehensive access to markets around the world & provides a suitable structure forinvestors requiring regular income provision.Pryce Warner lnternational Growth & lncome PortfolioThis Portfolio is a Multi-Currenry Globally Diversified Equity Portfolio providingcomprehensive access to markets around the world whilst at the same time providingadded focus for the regular income needs of investors.Pryce Warner lnternational Bond & lncome PortfolioThis Portfolio is a Multi-Currency Globally Diversified Portfolio providing comprehensiveaccess to Bond & lncome Producing lnvestments around the world whilst at the sametime providing for the regular income needs of investors.Pryce Warner lnternational Property & lncome PortfolioThis Portfolio is a Multi-Currency Globally Diversified Property Portfolio providingcomprehensive access to property markets around the world. The portfolio allowscomplete liquidity whilst at the same time accessing & investing in the global propertymarkets in a diversified & balanced manner.Global Financial Expertise Wherever You Are
    • 10. Pryce Warner International Group QROPS ReportingRequirements to HMRCIf the member has been a UK resident at any time in thepast 5 years full reporting must be maintained by thepension trusteeThere are no reporting requirements by the Pryce WarnerInternational Group QROPS Trustees once the member hasbeen outside of the HMRC tax regime for 10 yearsGlobal Financial Expertise Wherever You Are
    • 11. Application ProcessComplete a Pryce Warner International Group QROPS application formPryce Warner International Group will review your existing Pension Plans/SIPPsPWI Produces a Written Proposal stating all chargesProposal is Discussed with the ApplicantApplicant receives all Transfer Documentation for Completion and Submission toPWI including Copy of Passport & Proof of AddressPension Plans & SIPPs are Transferred into the QROPS PlanClients can then view their Accounts online 24/7Global Financial Expertise Wherever You Are www.prycewarner.com
    • 12. QROPS Transfer ProcessYour Pension Plan receives instructions from PWI QROPS Trustees for TransferSame as transfer between UK schemesBenefits transferred in cash or in-speciesUK Plan/s advises HMRC of an overseas transferPension Plan trustees implement reporting requirements to HMRCPersonal pensions, occupational pension schemes, schemes in drawdown and finalsalary schemes are acceptedGlobal Financial Expertise Wherever You Are
    • 13. QROPS Transfer FeesInitial Set up Fee £750*Initial Fees are a one off and include obtaining due diligence in accordance with our regulatoryrequirements, preparation and completion of all necessary documentation for the trustees andprevious administrator, monitoring the application process and liaising with your advisor.Annual Trustee Administration Fee £750*The Trustee administration is charged annually in arrears on 30th September for the provision ofservices which includes the management of the fund, annual accounts and the trustee responsibilityfee. These fees do not apply to specialised investment assets or where they are held with anoffshore company (e.g. property and private equity). Fees will be in accordance with the PryceWarner International Group Limited fee schedule as in force at the time. Any additional professionalwork requested by the Member will be quoted for in advance. These fees will be calculated byreference to the time, complexity, urgency and responsibility of the work required.Termination of QROPS or Transfer Fee£2000*Upon transfer of the QROPS to another administrator a termination fee will be applied to attend toall matters with regard to the transfer as required.*These are our current fees and reflect provider rates, though these may be subject to change Global Financial Expertise Wherever You Are
    • 14. In summary…We are an INDEPENDENT Consultancy Group with over 40 YEARS experienceWe have a PROVEN TRACK RECORDWe work with the WORLD’S BEST INVESTMENT MANAGERSWe provide a PERSONAL SERVICE for our clients24/7 Online Access to AccountsWe are Happy to Provide Existing Client Testimonials to New Clients ARE YOU ON THE RIGHT TRACK FOR YOUR FINANCIAL FREEDOM & INDEPENDENCE?Global Financial Expertise Wherever You Are
    • 15. QROPS Overseas Pensions International Pension Planning DivisionGeneva London Paris Brussels Monaco Nassau