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| 19/03/2003 00016:18:26 | > [Sigma] Royal Skandia |
| 08/08/2003 00011:42:15 | > [anonymous] |
| 22/03/2004 00013:55:37 | > [anonymous] Royal Skandia - Awful Customer Service |
| 22/03/2004 00020:53:54 | > [anonymous] talk to an IFA |
| 21/12/2007 00013:06:38 | > [anonymous] Was not too impressed |
| 19/03/2003 00012:12:11 | > [Sigma] Brit living in France |
| 19/08/2003 00004:47:14 | > [anonymous] |
| 05/01/2004 00017:30:25 | > [anonymous] Hansard |
| 19/08/2003 00004:53:24 | > [anonymous] GAM |
| 12/01/2005 00008:28:11 | > [anonymous] Where's the best place to leave my money? |
| 06/05/2006 00007:35:32 | > [anonymous] Royal Skandia vs Canada Life |
| 24/01/2007 00017:19:49 | > [anonymous] |
| | [anonymous] Hello, I am seeking experience based feedback as I am in the process of moving my UK based final salary pension fund (about GBP 1M) to a QROPS. I have contacted 2 IFAs (deVere & Abbey Financial Solutions) & both recommend Atlantica a Gurnsey based QROPS provider with Giberaltar based Willows trustees and IOM based Royal Scandia as the insurance wraper provider. Does any of this ring any alarm bells? Does anyone have any positive or otherwise experience to share re. the above?
All comments / feedback would be greatly appreciated as I am completely new to all this. |
| 21/12/2009 00020:21:39 | > [anonymous] |
| | > You need to be aware of two things here: initial and ongoing cost (in my view should not be more than 2.5% and 2% ongoing) and the tax implications in your country of residence.
In the US it is complicated and the fact that your pension comes out of the UK and out of the protection of the double tax treaty means that it is likely to be taxed in the US at your marginal rates. On the other hand, if this happens, the you are likely to be able to take distributions tax-free when you vest.
Alternatively, you could consider a QROPS that invests in a US compliant deferred foreign annuity - little pricey but not subject to US tax until you vest. |
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