Wealth Management News - February 2012

QROPS face tougher requirements

A number of Qualifying Recognised Overseas Pension Schemes (QROPS) may lose their status following the expected legislative changes on 6th April 2012.

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Investment in property boosted by struggling euro

Individuals looking to invest in property within eurozone countries have been given a boost by the recent strong performance of sterling.

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Simplifying drawdown reviews

While the introduction of capped drawdown has enabled individuals to decide how much to withdraw from their pension, subject to annual limits, investors aged 75 and over are required to have a yearly review to ensure sufficient funds remain.

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