Popular on TelAve
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- The ITeam Ranked on Channel Partners 2025 MSP 501—Tech Industry's Most Prestigious List of Managed Service Providers Worldwide
- Keepy Uppy™ by Ollyball Wins Prestigious 2025 Influencer Award from Clamour & The Toy Association; Announces Fall 2025 Launch at Target Stores
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- TCAA Welcomes Adolfo Gomez Sanchez to Its Family of Talented Speakers
- Honoring Black History, Culture, and Community in Fall River
- Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
Similar on TelAve
- The Citizens Commission on Human Rights Annual Purple Heart Day Event will be Hosted at the Historic Fort Harrison
- Psychedelics for Vets? CCHR Cites History of Exploitation and Failed Science
- Smart Resnse Unveils Smart Resnse(SRMS) Token-Powered AI Orchestration Platform to Revolutionize Multi-Billion Dollar Market
- Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market
- Stuck Doing Math or Figuring Out Life's Numbers? Calculator.now Makes It Stupidly Simple
- $14M Expansion Deal with Famed David Lloyd Highlights Rebrand of Sports, Entertainment and Gaming Innovation by AI Driven, Online Fan Engagement Co
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- Exciting New Era of Sports, Entertainment & Gaming Innovation Spotlighted by Rebrand of Expanding AI Driven, Online Fan Engagement Company: SEGG Media
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
New Flat rate UK State pension affects your Final Salary DB scheme
TelAve News/10452978
Thousands of Final Salary Pension members will lose out under the new Flat rate UK State pension which comes in April 2016. But expats still have the option to transfer to a QROPS
CARDIFF, U.K. - Feb. 19, 2016 - TelAve -- Many expats are blissfully unaware that the UK Government has the power to do what they like to their UK Final Salary pension. This has been highlighted by the effect of the new Flat rate UK State pension on UK Final Salary pensions. Certain groups are going to be considerably worse off under the new pension legislation.
It will affect anyone who has paid into a Final Salary scheme during the Eighties and Nineties, and who now faces the loss of inflation proofing of a large part of their pension.
One of the worst groups hit will be members of the Teachers' Pension. It is also worth noting that this pension scheme is one of the ones now banned from transferring to a QROPS, giving the UK Government free reign to do as it wishes to members' benefits in the scheme.
More on TelAve News
You will you lose a valuable element of your pension under the new state pension.
The Teachers' Pension scheme and the DWP have confirmed the fact that the 'contracted out' element of the pension will indeed not be inflation-linked. The average loss could be as much as £30,000.
This will also affect private-sector workers as much as those in the public sector. If this is taken into account when undertaking a QROPS transfer comparison, many more people may find that a QROPS transfer is in their interest.
Have a TVAS undertaken now. Transfer values still remain at an all-time high given that interest rates remain at an all-time low.
For more information on Final Salary QROPS transfers, go here:
http://www.waterstone-investment-associates.com/#!final-salary-qrops-transfers/cvwp.
For further details, contact: information@qropsusa.net.
It will affect anyone who has paid into a Final Salary scheme during the Eighties and Nineties, and who now faces the loss of inflation proofing of a large part of their pension.
One of the worst groups hit will be members of the Teachers' Pension. It is also worth noting that this pension scheme is one of the ones now banned from transferring to a QROPS, giving the UK Government free reign to do as it wishes to members' benefits in the scheme.
More on TelAve News
- Santa Monica Businesses Push Back on Bus Stop Relocation That Threatens Access and Safety
- The Blue Luna Encourages Local Schools to Take Steps to Enhance Safety for Students and Staff
- The Sessions Studios Secures $300 Million Commitment to Launch World-Class Studio and 15-Film Global Slate
- Smart Resnse Unveils Smart Resnse(SRMS) Token-Powered AI Orchestration Platform to Revolutionize Multi-Billion Dollar Market
- Josh and Heidi Follow Up the Much Anticipated and Successful Launch of the "Spreading the Good BUZZ" Podcast with a Personal Request
You will you lose a valuable element of your pension under the new state pension.
The Teachers' Pension scheme and the DWP have confirmed the fact that the 'contracted out' element of the pension will indeed not be inflation-linked. The average loss could be as much as £30,000.
This will also affect private-sector workers as much as those in the public sector. If this is taken into account when undertaking a QROPS transfer comparison, many more people may find that a QROPS transfer is in their interest.
Have a TVAS undertaken now. Transfer values still remain at an all-time high given that interest rates remain at an all-time low.
For more information on Final Salary QROPS transfers, go here:
http://www.waterstone-investment-associates.com/#!final-salary-qrops-transfers/cvwp.
For further details, contact: information@qropsusa.net.
Source: Waterstone Investment Associates
0 Comments
Latest on TelAve News
- Colbert Packaging Announces WBENC Recognition
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
- Centennial Flyers to Become Colorado's First Launch Customer for All-Electric B23 Energic Aircraft
- Pyro Marketing Opens New Digital Marketing Company to Power Growth for Fitness and Ecommerce Brands
- Dr. John Salerno of Salerno Wellness Introduces Their New Full Body Capsule for Advanced LED Light Therapy Patient Treatments
- $14M Expansion Deal with Famed David Lloyd Highlights Rebrand of Sports, Entertainment and Gaming Innovation by AI Driven, Online Fan Engagement Co
- Heartfelt Dreams Foundation Launches Campaign to Build CHD Hospital
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- Miami Real Estate Agent Drastically Increases Interest In Homes
- Adostics & Genmega Announce the Introduction of A-POD
- LIB and Nidec Rejoin Forces for Giant TH-0098 Temperature Humidity Test Chamber
- Heritage at South Brunswick Offers Immediate Townhome Appointments and Special Mortgage Incentive Fast-Moving Sales
- NASA Collaborative Agreement for Supply of Thin-Film Solar Tech for Orbital Application to Advance Development of Thin-Film PV Power Beaming: $ASTI
- Exciting New Era of Sports, Entertainment & Gaming Innovation Spotlighted by Rebrand of Expanding AI Driven, Online Fan Engagement Company: SEGG Media
- Service Ninjas Debuts First-of-Its-Kind "Membership" Platform for Home Service Pros
- BIYA Forecasts 2025 Surge with ¥300M ($41.8 M USD) in Revenue and ¥25M Profit from Cloud Based HR Solutions: Baiya Intl. Group (N A S D A Q: BIYA)
- Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services