QROPS, QNUPS or SIPPS?

Not such an easy answer now. With taxation at source, IHT, DTA's and GAD, QROP decisions are made all the more complex.

The main factors to consider, in my view, are; will you return to the UK for your retirement, can you manage your money better than your current pension manager, are the fees worth it and is IHT of concern.

We have spent many hours researching all of these questions and have talked to QROP providers in all three current popular locations (Malta, New Zealand and Isle of Man).

Contact me to discuss further.

Mark Paine
Meyado
Www.meyado.com.sg

The Future of personal financial advice in Singapore

With Financial Advice Industry Review underway in Singapore many advisers are questionning the future of financial services in Singapore.  Or more specifically their own future and that of the firms which they work for.

There is no doubt that a better deal for clients is in everyones interest.  How best to achieve that is the big question.

Meyado has already undergone, successfully, the RDR changes in the UK and is happy to follow a similar business model in Singapore.

Essentially Meyado is already geared toward fee based financial advice, which seems to be one direction the industry could take.  Clients on the other hand are a very long way from understanding, or willingness to pay for financial advice.  Thus, a large amount of time and effort needs to be taken by the MAS to educate the market as to the benefits of professional advice.

For more information on fee based advice in Singapore visit our website or drop me a line directly and I can put you in touch with one of our advisors.

Mark Paine
Meyado Singapore
www.meyado.com.sg