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In a world of ever-increasing global mobility, investment goals and retirement policies of several who have moved to work overseas from the UK are under increased focus. With people moving around the world for work and settling down in new countries, there is a requirement...
The Australian Federal Budget was handed down on 8th May 2018. With the next Australian federal election due to be held within the next 12 months, many are seeing this as an ‘election budget’. It should be noted that the measures outlined are subject to being...
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...
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...
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...
A combination of positive comments from the Governor of the Bank of England, Mark Carney, and a recent uptick in UK inflation has led to extra speculation in the UK that interest rates may rise sooner than later. This is set to have an impact...
If you are thinking of retiring to Australia or if you have already retired down under, you may be considering what you want to or what you can do with your UK pension scheme. A UK pension scheme is likely to still be taxed if...
The Australian Government has now finalised some of the changes introduced in the May 2016 Australian budget. These include the following: - The work test will remain for over 65s in order to make non-concessional contributions into Australian superannuation; - The non-concessional contribution limit to be reduced from...
In the recent late 2016 Autumn statement released by the HMRC, changes were outlined to the way QROPS are designed to work. Whilst not yet law, these changes are expected to be introduced (possibly in a slightly modified form) in April 2017. Some of the...
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