deVere News

Actively manage your UK frozen pension outside the UK via a QROPS

The deVere Group exceeded expectations with over £53 million invested on the deVere Fund Platform in its first year by continuing to build on the success of the platform.

As more people turn to online trading as a way to manage their investments, deVere recognises the importance of providing a tool that offers security, efficiency and flexibility. The deVere Fund Platform now allows you to actively manage your UK pension within a HMRC-approved QROPS. Effectively, this means you can handle your UK frozen pension outside the UK.

Benefits include:

• HRMC/Inland Revenue approved QROPS scheme
• Choose from over 2,000 funds with a 3* Morningstar rating
• Up to 25% tax free cash
• 24/7 access
• Choice of currencies including GBP, US$ and euro

For more information, please email us on platform@devere-group.com or visit our website www.deverefundplatform.com

New service that helps you to save free of inheritance tax

In February 2010, the UK HM Revenue & Customs (HMRC) introduced a new kind of trust, called QNUPS – a Qualifying Non UK Pension Scheme. It’s an exciting development because it creates significant opportunities for British expatriates to save on local taxes in the country in which they are tax resident, as well as on UK inheritance tax (IHT).

QNUPS are available for both working and retired expats. Crucially, the scheme may offer different opportunities for both groups.

The key points of a QNUPS are:

• The rules allow individuals aged 35 to 85 to put investments or savings into a QNUPS and immediately create significant tax advantages for themselves and their families.
• Assets may become immediately free of inheritance tax (IHT) as well as other death duty charges which may be applicable in the country you live in, provided these comply with anti-avoidance legislation in the UK.

For more information on this interesting new opportunity, read the article on QNUPS or visit our website at www.devere-group-qnups.com .

deVere appeals to digital generation with the launch of a mobile platform

The deVere Group recently announced the launch of a mobile version of the deVere Fund Platform. This cutting edge technology will enable users to manage their investments at the touch of a screen on their iPad™ or iPhone®, which are trademarks of Apple Inc., registered in the U.S. and other countries.

For more information on this latest service, please contact us on platform@devere-group.com