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The UK’s Autumn budget was released by the Chancellor Philip Hammond on 22nd November 2017. In a pleasant surprise, there were no major announcements which significantly impact on UK pensions. The main points of note included: - An increase in the UK personal allowance to £11,850 from 6 April...
When considering UK pension schemes, there are two main types: 1. Final salary or defined benefit schemes (FS). The value of your entitlement under this type of pension scheme is based on a set formula determined by the UK pension scheme trustees. The formula is generally associated...
In an unexpected announcement, the UK government plans to increase the age at which people can get access to the UK state pension from 67 to 68 earlier than originally announced, bringing the date forward from 2044 to 2037-39. This is a change which has...
Whether you have already made the move or are in the early stages of planning your move to Australia, it is imperative you think about your private and workplace pension schemes and seek advice to determine whether it could be advantageous for you transfer your...
There are many advantages to transferring your pension to a QROPS from a UK pension scheme. If you are thinking of or are planning to move overseas you may be wondering what is the best solution for your UK pension, and whether transferring your pension...
If you are planning to move away from the UK or are already living overseas you may considering your pension options and whether it would be beneficial for you to transfer your UK pension to a QROPS in your country of residence. There are many benefits...
Ever since UK Chancellor Philip Hammond announced, in his spring Budget on 8 March, that a new 25% charge, taking effect the next day, would be levied on most overseas pension transfers, there’ve been no shortage of predictions of the virtual end of the pension...
The UK Spring Budget introduced yesterday by Phillip Hammond, has outlined significant changes to the QROPS market. The main changes were unexpected and need to be carefully considered by those with UK pensions who plan to emigrate, or have moved to live abroad and wish...
When making the decision to relocate or retire overseas many think that it will be for good, but expat life can be unpredictable and the reality of living overseas may not live up to the expectation for some or career or personal circumstances may change...
Moving to Australia? This April 2017, we will be participating in an event with Ian Harrop and Associates for those who are looking to migrate to Australia. Join the seminar and meet with migration experts who can assist you with your migration journey! This event will...
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