United Kingdom · Question · Written question
UIN 67229
Pensions
Introduced
1 November 2021
Last action
4 November 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
4 November 2021
Summary
To ask the Secretary of State for Work and Pensions, what steps she is taking to reduce the cost of transferring (a) workplace and (b) personal pensions overseas through a Qualifying Recognised Overseas Pension Scheme (QROPS).
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Timeline
1 November 2021
Written question
To ask the Secretary of State for Work and Pensions, what steps she is taking to reduce the cost of transferring (a) workplace and (b) personal pensions overseas through a Qualifying Recognised Overseas Pension Scheme (QROPS).
Source: Commons
4 November 2021
Answer
In the same way as transfers to UK pension schemes, a transfer to a Qualifying Recognised Overseas Pension Scheme (QROPS) is covered by the requirement to take regulated financial advice if transferring more than £30,000 from a Defined Benefit scheme. Thi...
Source: Written answer
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- · Department for Work and Pensions · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-11-01/67229
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1365057
- uk · wq-1365057 · source updated 4 November 2021