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20th April 2017, 19:47

​Gibraltar remains on HM Revenue and Customs’ updated list of QROPS

Gibraltar remains on HM Revenue and Customs’ updated list of qualifying recognised overseas pension schemes or QROPS. Nine countries were dropped and one added from the list following drastic changes to overseas pension transfers.

All schemes on the list have told the UK their product meets the criteria for inclusion and is compliant with the new rules. The total number of schemes listed fell by 30 percent to just over 900. Gibraltar lost six schemes and now has 45 listed.