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QROPS Bulletin May 2011

Contributed by SIPP Specialists Limited [www.sippspecialists.co.im]

There has been an unusually large number of articles about QROPS/QNUPS in the last few weeks, including a significant minority of ‘doom and gloom’ contributions ranging from QROPS in general to New Zealand QROPS in particular. Most of these have not been featured on this bulletin, other than a couple of the more balanced examples.

There are a couple of regulatory articles showing how Spanish regulators are looking to move against non regulated advisers, NZ QROPS providers are looking to introduce a voluntary code of conduct and, perhaps most interesting, at least for UK Advisers, the very first link about giving QROPS advice by UK advisers, quoting FSA, who see it as being under TCF rules.

In addition there are a couple of market and tax change articles for background.

As usual I have to say that we neither write nor endorse the articles included and that we are a multi-jurisdictional QROPS/QNUPS provider (see www.sippspecialists.co.im and www.sipco.co.im for more information)

Dougie Elliott

Director

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