Guernsey: Guernsey QROPS To Go Under The Microscope In London
Last Updated: 8 March 2010

The fine detail of Guernsey QROPS will be examined at a technical masterclass in London later this month.

'Guernsey QROPS – a pension for L.I.F.E.' will be held at the Grange St. Pauls Hotel in London during the afternoon of Wednesday 17 March.

It follows last September's introduction to Guernsey QROPS which attracted more than 200 delegates from the UK and Guernsey.

"Last September's seminar was highly successful both in terms of the numbers of delegates and the feedback we received but it was also clear that there was demand for us to host another event that really examines the fine detail of Guernsey QROPS," said Peter Niven, the Chief Executive of Guernsey Finance.

"This month's technical masterclass will address common myths and uncover the realities to provide a complete picture of Guernsey QROPS. In addition, we will close with a question and answer session that will give delegates the opportunity to discuss the issues impacting clients, independent financial advisers and service providers."

The panel of expert speakers includes: Alison Vine, Tax Director at Ernst & Young; John Lewis, Partner at Mourant du Feu & Jeune; Rex Cowley, Managing Director of Close Wealth Management; Dion Lindskog, Head of Life and Pensions at RBC; and Jane Goodall, Business Development Director at Bourse Group.

They will explore a range of issues relating to Guernsey QROPS, including taxable property, suitable investments, cost benefit, counterparty risk and infrastructure.

Mr Niven added: "Establishing a Guernsey QROPS – like any pension – is an important decision in life and therefore it is crucial that clients and their advisers are as well informed as possible. What we aim to do through this seminar is tackle all the key aspects in the decision making process including Legal and Investment issues, the Flexibility of Guernsey schemes and the Expertise of the Island's service providers.

"As such, the event will be extremely useful for tax lawyers, accountants, IFAs, SIPP/SASS providers, personal pension providers and specialist pension firms. It is an excellent opportunity to hear at first hand exactly why Guernsey has become the leading jurisdiction for QROPS."

The free masterclass, 'Guernsey QROPS – a pension for L.I.F.E.', takes place at the Grange St. Pauls Hotel, 10 Godliman Street, London, on Wednesday 17 March 2010 from 4pm. The main presentations will be followed by a Q&A session and then a drinks and canapés networking reception.

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