Sentences with phrase «for registering pension schemes»

The previous system for registering pension schemes was one of the chinks that allowed pension scammers to thrive.

Not exact matches

A proposed new 25 % tax charge on moving funds overseas from a UK registered pension scheme should have additional exemptions for people who are genuinely moving overseas

A statement from HM Revenue and Customs yesterday read: «From «A-Day», the government will remove the tax advantages for investing in residential property or certain other assets such as fine wines, classic cars and art and antiques from registered pension schemes which are self directed.

The Forum for Public Sector Registered Pension Schemes made up of the 12 public sector labor unions have called off their intended strike which was to begin today [Friday].

A fine of AED 5,000 can be imposed on a private sector employer by the GPSSA for every eligible employee who has not been registered with the authority for the pension scheme; and

The solution the industry came up with was to offer options for members to either reconfigure their benefits — e.g. a pension increase exchange — or to incentivise deferred members to transfer their pension to another registered pension scheme.

The QROPs Information Regulations specify the reporting requirements for the provision of information by scheme administrators of registered pension schemes and scheme managers of overseas pension schemes to registered pension scheme members.

In contrast to how normal occupational pension schemes operated, to be a registered pension scheme there was no need for members of that scheme to have an employment relationship with the employer who had established it.

For the members of UK registered pension scheme transferring their pension benefit into this scheme the provisions pertaining to cancellation, surrender and policy discontinuance shall not be applicable to policyholder until the policyholders attains the age of 55 years.

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