Malta: Retire In Malta For Sun, Sea And 100% QROPS Withdrawal

The recent reform in UK pension law allowing British retirees to withdraw all their savings as a lump sum has shaken the deep-rooted UK pension industry as well as opened up numerous possibilities abroad. The new rule coming into effect on April 6th has the power to see retiring UK nationals transferring their pensions overseas and possibly gaining access to 100% tax-free withdrawal on their full savings amount.

Malta stands much to offer

Being a sun, […]

By | April 30th, 2015 ||

UK: Trustee Personal Liability: Unlawful Payments To An Employer

In February, we reported on the Merchant Navy case where the High Court confirmed that trustees could take into account the interests of employers as long as their decision furthered the primary purpose of the scheme (which was to secure the promised benefits for the members). A recent decision of the Deputy Pensions Ombudsman (DPO) highlights what could happen where the trustees go too far in favouring the interests of the employer. In the […]

By | April 30th, 2015 ||

United States: Supreme Court (Sort Of) Allows Courts To Review EEOC Mediation Efforts

Today, the Supreme Court unanimously held that the Equal Employment Opportunity Commission’s statutory duty to conciliate to remedy a Title VII violation prior to filing a lawsuit on the violation is subject to some level of judicial review. Mach Mining v. EEOC.

The Court overturned the decision of U.S. Court of Appeals for the 7th Circuit, which had held courts have absolutely no authority to review the EEOC’s conciliation efforts. Unfortunately for employers, the Court […]

By | April 30th, 2015 ||