Guernsey Targets Global QROPS Market
Guernsey is targeting QROPS pensions transfers as part of an international campaign to promote the island as a global finance centre.
Guernsey Finance, the island’s finance marketing body, has already held a QROPS seminar in London and plans to host a QROPS debate in the City at the start of October.
Other seminars, events and meetings are planned across the world to raise the profile of the island’s QROPS, banking, funds, trusts and reinsurance sectors.
Peter Niven, Chief Executive of Guernsey Finance, said: “The economic downturn has impacted on the business flows that we have seen coming through our usual pipelines but importantly during this difficult time we have been keeping in close contact with our key introducers to show we are with them through thick and thin.
“Now, in the final few months of the year, we are stepping up our activity to ensure that we are in pole position to capitalise on the slowly emerging global economic recovery.”
QROPS Middle East
In the Middle East, Guernsey will participate at October’s Funds Forum Middle East and December’s Private Banking World Middle East, both in Bahrain. The island will also sponsor STEP Asia the Far East during October- one of the region’s leading financial conferences.
A delegation from the island, including Chief Minister Lyndon Trott, Mr Niven, Channel Islands Stock Exchange chairman Jonathan Hooley, Guernsey Registrar of Companies Mark Whiteley, will visit Hong Kong and China.
As well as meeting senior politicians and regulators, half-day seminars will showcase how Guernsey’s leading position for offshore funds makes it a natural gateway for accessing Europe’s capital markets and how the Island has considerable expertise in the use of companies and trusts for wealth management solutions.
Mr Niven said: “It is crucial for the future of our finance industry that we get the Guernsey brand fully established in the Middle East and the Far East. Having a representative on the ground in China has helped us make considerable progress in that region and the extremely strong programme we have put together for last few months of this year means that we will be entering 2010 with not only the Guernsey name better known but also a greater appreciation of the financial products and services we can offer both companies and individuals in the Middle Eastern and Asian markets.”
Whatever your financial goals or aims, seeking professional highly regulated advice as early as possible from Qrops Adviser, is the first step in securing the best possible life in retirement. Contact us via the contact Qrops Adviser page, call us direct on 0032 (0)2 400 0087 or email us at info@qropsadviser.com.
