Pension schemes newsletter 84 - February 2017

03 February 2017

 

QROPS online closing

From April 2017 QROPS online will no longer be accessible. Changes to QROPS forms in recent years mean that the system no longer captures the correct information so QROPS online will be closing.

Pension scheme administrators and managers of overseas schemes can find more information about the pension tax rules on overseas pension schemes including the latest version of the forms to report information HMRC require, on the overseas pension scheme pages.

 

Pension schemes newsletter 84 also includes important updates on:

• Pension flexibility statistics
• Lump sum death benefits - information requirements
• Annual allowance calculator update
• Drawdown pension tables
• Relief at Source
• Lifetime allowance