Guernsey’s Treasury and Resources Department has announced that it intends to follow the UK allow flexibility of benefits to international pensions.

The department will present its proposals, which will refer to international pensions such as Qualifying Recognised Overseas Pension Schemes (QROPS), to the States of Deliberation this summer.

“In light of recent reforms announced by the UK government with regard to introducing ‘pension flexibility’, Guernsey’s Treasury and Resources Department intends to propose an amendment to Guernsey’s income tax law that would allow inwa...