QROPS - Qualifying Recognised Overseas Pension Schemes were introduced in 2006 as part of a major overhaul of Britain\'s pension framework, aimed at simplifying pension transfers to another country. New legislation was passed by the UK tax authority, HM Revenue and Customs (HMRC), in order to comply with an EU directive that pensions be free to move across Europe\'s borders. This ruling means that individuals, wishing to retire to countries such as France, Spain and Portugal can effectively take their UK pension funds with them: http://www.axis-finance.com/what-are-qrops.php
Who can apply for a QROPS?
A QROPS is specifically designed to allow anyone, not intending to retire in the UK, to transfer existing and frozen UK pension plans into a more appropriate retirement vehicle.
Individuals who are, or have been members of a UK registered pension fund and are currently living outside of the UK, or intending to leave the UK on a permanent basis, can consider transferring their retirement fund into a QROPS: http://www.axis-finance.com/qrops-living-in-France
Transfers to QROPS
The UK Government allows transfers to QROPS to be made free of UK tax. Their aim is to simplify the affairs of individuals leaving the UK on a permanent basis and to encourage them to continue saving in order to provide an income when they retire. There is no official limit to the amount of funds that may be transferred to a QROPS: http://www.axis-finance.com/qrops-France-pension-transfers
QROPS - HMRC Rules
What makes a scheme a QROPS?
In order to transfer your UK pension into a QROPS, it is necessary for the overseas pension scheme to be accepted by HMRC. The criteria outlined by HMRC for an overseas scheme to qualify as a QROPS include:
- The pension scheme must be established outside of the UK
- It must be recognised for tax purposes in the country where it is located
- It must be regulated in the country in which it is established
Age that benefits can be taken from a QROPS
The QROPS regime mirrors that of a regulated pension scheme in the UK. Benefits, including lump sum payments, from the transferred funds may not be distributed earlier than the normal retirement age of 55, if an individual has been a non-UK resident for less than five complete tax years: http://www.axis-finance.com/qrops-living-in-France-HMRC-Rules
QROPS Reporting requirements
HMRC should be notified if a payment is made within the first five tax years of a member becoming non-UK tax resident. Any benefits paid before five complete tax years of non-UK residency and not in accordance with UK Pension rules will be deemed an unauthorised payment.
The scheme manager does not have to notify HMRC if the payment is made 10 or more years after the day of the transfer that created the QROPS fund for the \'relevant member\', provided that the person is non UK resident for the duration of this period. This 10 year \'bracket\' for reporting payments took effect as of 6 April 2012.
QROPS List
When transferring your UK pension to a scheme overseas, it is important to check that the scheme meets the conditions to be a qualifying recognised overseas pension scheme (QROPS). Not all transfers to overseas or offshore schemes are QROPS transfers; it is therefore essential to verify that the scheme receiving your UK benefits is on the QROPS list published by HMRC, otherwise a transfer will be treated as a transfer to a non-qualifying overseas scheme and substantial penalties may be applied by HMRC at the time of transfer: http://www.axis-finance.com/qrops-list-living-in-France
How do I know if it is a legitimate QROPS scheme?
QROPS approved plans that agree to have their details published are listed on the HMRC website. A UK Pension administrator will confirm a QROPS listing before agreeing to a transfer. If not listed, the administrator will contact HMRC
Professor Hans and Sasha Snow on Casual Sex.
Women often get laid down by men who engaged them in an intellectual and humorous fashion. It seems like there is an internal connection between s*x and how women are intellectually stimulated. Women in today’s generation are a little bit different compared to the ones from 3 or 4 decades ago. Before, they were cautious and conservative but nowadays they’re somehow quite the opposite. Most women from before prefer long term steady relationships but now most of them would just prefer hooking up guys with no strings attached or engage in a friends with benefits casual s*x relationship.
Professor Puppet After Dark is brought to you by Adam & Eve. Enter the Adam and Eve Coupon Code HANS at the http://AdamAndEve.com checkout to get 50% OFF plus FREE Shipping, plus FREE Mystery Gift and plus 3 FREE DVDs.
Remember Promo Code HANS at the checkout at http://AdamAndEve.com.
Pallavi Chhelavda is Feng shui and vastushastra consultant and information sharing about benefits feng shui crystal Moreover offers Vastushastra tips and article for your home, office, bedroom, kitchen, interior house and plots.
Supergoop!® announces its partnership with entrepreneur and international tennis sensation Maria Sharapova, welcoming her to the Supergoop! team as a co-owner with Founder and CEO Holly Thaggard. Supergoop! is the first and only multi-functional skincare line in prestige distribution with a foundation in UV protection and 100% dedication to sun safety. This partnership will be a vehicle for Supergoop! to spotlight the brand’s mission to elevate skin cancer awareness alongside the many skincare and beauty benefits attributed to applying UV protection every single day.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/7190451-supergoop-partnership-tennis-maria-sharapova-sun-protection-skincare
Danell Leyva, Cuban-American gymnast and U.S. Olympic medalist starts the year off strong with his new role as a milk life Somos Fuertes campaign advocate, setting the example for Latinos everywhere to include nutrient rich milk in their diet. As part of the program, Danell touts the benefits of drinking milk, with its 9 essential nutrients, including 8 grams of high-quality protein in every 8 ounce glass, to help make the best of every day. Furthermore he shares how his love of milk, gymnastics and family have contributed to his continued growth and success as an athlete one glass at a time.
The newest face of the milk life Lo Que Nos Hace Fuertes campaign, Danell Leyva joins the campaign to help educate Hispanics on the importance of including milk as a part of a balanced diet. Proper nutrition, including milk’s high-quality protein, is a key component to his success, be it competing for Team USA at the London Olympic Games or in training or teaching the art of gymnastics to others. As part of his role as a Somos Fuertes advocate, Danell is also shining light on the importance of starting the day off with milk’s protein and other nutrients.
To view the multimedia release go to:
http://www.multivu.com/players/English/7723751-milkpep-somos-fuertes-danell-leyva/
Sears, a leading integrated retailer, is launching a Connected Solutions flagship store that simplifies the way people shop for their connected home. Located at The Shops at Tanforan in San Bruno, Calif., it features a living room, kitchen, nursery, workout room, garage and outdoor area, so members can experience the benefits of smart technology firsthand. Nationally, Sears is expanding its Connected Solutions assortment to hundreds of stores, offering one of the industry's largest cross-category selections of smart technology products. Online, members can experience the San Bruno store and shop for an even wider selection of smart products on the new Sears Connected Solutions site.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7551551-sears-connected-solutions-flagship/
Wolf Appliance, Inc., the industry leader in premium cooking equipment, announces the launch of its Reclaim the Kitchen initiative. A long-time believer in the richness of people coming together to prepare and enjoy meals, Wolf’s goal is to make the process easy and accessible, enabling anyone who wishes, to experience the benefits of reclaiming the kitchen. Award-winning author and chef Kathleen Flinn is teaming up with Wolf to help motivate families to put down the remote, avoid takeout, and cook at home more often by providing them with simple tools to get started.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7427351-subzero-wolf-reclaim-the-kitchen/
Leviton unveiled today its next generation Leviton Load Center, an internet-connected system that sends users real time monitoring data and customizable alerts to their smart devices. Debuting at the 2019 NAHB International Builders’ Show® in Las Vegas, the enhanced Leviton Load Center with intelligent circuit breakers gives contractors, builders and homeowners a smarter and safer solution.
“Today’s homebuyers want a smarter home and we’ve answered the call with the Leviton Load Center,” said Daryoush Larizadeh, president and chief operating officer of Leviton. “The enhanced version of the Leviton Load Center is a ground-breaking milestone in our long history of innovation, integrating intelligence and efficiency into the nerve center of the home. It is easy to install for contractors and provides home builders with a smart, safe and aesthetically pleasing product for their customers. Plus, homeowners reap the benefits of an intuitive, manageable unit that simplifies their daily lives.”
To view the multimedia release go to:
https://www.multivu.com/players/English/8489251-leviton-next-generation-internet-connected-load-center/
The Immigrants Who Built America: My Father’s Footsteps through Ellis Island. As told by his wife Linda Santiso. What would happen if you ventured to a new country halfway around the world where you could not speak the language? This was the situation faced by your ancestors as they began the quest for a new and better life. It was to be a life full of hardships and injustice. Child labor was legal, and safety laws were nonexistent. In addition to the high rate of job injuries, jobs were without fringe benefits. Immigrants toiled in unsafe work conditions for poverty wages with no hope of citizenship for twenty years. It was a life to be endured with only hopes and dreams for daily sustenance. This enthralling story will take you on a journey you will never forget! This is a story for all of us, because it is the story of our ancestors. Join Ramon Santiso Quiroga as he walks the trail of history with them the history that built America! Genre- Historical/Non-fiction
A new Obama administration regulation–the so-called Stream Protection Rule–is about to drive up energy costs and unemployment with no gain in environmental benefits, cautions the National Mining Association.
“The primary motive of this regulation is not to protect streams, as its title would suggest, but to protect federal regulators' jobs at the expense of coal miners' jobs as the nation's energy providers,” said Luke Popovich, vice president of communications for the National Mining Association.
In a classic example of needless regulation, the U.S. Office of Surface Mining, or OSM, plans to change more than 475 regulations, as well as add more new rules – despite no demonstrated need. OSM has crafted the rule behind closed doors, Popovich said, shutting cooperating states out of discussions about the purpose and content of the regulation.
The new rule carries a heavy economic price tag, Popovich warned. He pointed to an analysis by an independent consultant that found that OSM’s rule would put more than 268,000 mining and dependent jobs at risk—adding to the 40,000 high-wage jobs already lost in the industry.
To view the multimedia release go to:
http://www.multivu.com/players/English/7221731-national-mining-association-americans-electricity-bill-increase-due-to-epa-regulations/
TruGreen, the nation’s leading professional lawn care company helping people live life outside, is expanding its expert service offerings with the launch of TruGreen Mosquito Defense to help homeowners combat mosquitoes and help protect their families.
As the weather gets warmer, these backyard invaders can prevent homeowners from reaping the benefits of living life outside. According to a recent online survey conducted by Harris Poll on behalf of TruGreen, among over 2,000 U.S. adults, 85 percent of Americans say that mosquitoes limit their or their family’s outdoor activities during the months they’re most active. The same survey also found that nearly two thirds of Americans (64 percent) are concerned about protecting themselves and their family from Zika or other mosquito-borne illnesses. Furthermore, 65 percent of Americans use bug spray on themselves/their family to combat mosquitoes outdoors at home and though it’s the top response for preventative measures, still only half (51 percent) say it is most effective at preventing mosquitoes from biting outdoors at home.
To view the multimedia release go to:
https://www.multivu.com/players/English/8090051-trugreen-mosquito-defense-lawn-yard-care/
For many pet parents, the hot and humid summer weather brings pet hydration top of mind, but do many know the benefits of proper hydration all year round? PetSafe® brand is sponsoring Pet Hydration Month this July to educate pet parents about the importance of proper hydration.
“Our pets need one ounce of water per pound of body weight each day,” said Willie Wallace, CEO of Radio Systems® Corporation, makers of the PetSafe brand. “Proper hydration plays a big role in a pet’s health and can save pet parents a trip to their vet’s office.”
Similar to humans, the bodies of our pets consist of mostly water, making proper daily water intake extremely important.
To view the multimedia release go to:
http://www.multivu.com/players/English/7827754-petsafe-july-pet-hydration-month/