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Tim Bush, Director of Carey Pensions & Benefits, has been
featured in 'Profession Advisor' providing an expert voice
on QNUPs opportunities. Professional Advisor is a well-respected
source of intelligence for UK Independent Financial Advisors and is
available through the web at ifaonline.co.uk.
Tim comments "We are in a period where it is clear that
many existing schemes and government fund pension arrangements are
no longer going to provide the level of retirement support that
people are expecting. However, supplemental support is available
and QNUPs offers key advantages to those retiring abroad and also
to some UK residents."
You can download a pdf version of the full article from the
Guernsey Finance website. Guernsey Finance is a joint industry and
Government initiative to promote the long term reputation,
stability and development of Guernsey as an international centre of
excellence for financial services:Guernsey Finance opportunity qnups.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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The Foundations Law 2012 came into force on 8 January 2013 and the Guernsey Registry has been accepting applications for registration since 9 January 2013.
The Miami-based Offshore Alert Conference has become a regular draw for representatives of Cayman’s financial services industry in recent years, and this year’s event is no exception with the Cayman Islands lending strong support through the provision of speakers from both the financial services industry and Government’s Ministry for Financial Services.
New market entrants, the return of traditional market players, and changing regulations once again have the world's insurance providers' eyes set on Bermuda.
The Organisation for Economic Co-operation and Development recently published a report in which the Cayman Islands was commended for the "streamlined, efficient and responsive procedures it has is in place to facilitate the exchange of information for tax purposes".
On 1st April the new UK "Twin Peaks" regulatory regime was launched. The much criticised FSA was replaced with the Financial Conduct Authority ("FCA") and the Prudential Regulatory Authority ("PRA"). Martin Wheatley, the FCA’s chief executive has publicly criticised the approach of the former FSA as "robotic" and a more challenging UK regulatory climate is widely anticipated.
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