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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 UK Autumn budget was presented by Philip Hammond on the 29th of October 2018. In a welcome change, there were no significant announcements that directly impacted on the structure of pensions in the UK for UK nationals or UK emigrants. The main items of note relating...
The Chancellor presented his first Spring statement to Parliament. Main highlights included: GDP growth is set to remain between 1.3% pa and 1.5% pa between now and 2022. UK public debt as a percentage of GDP is expected to fall over this same time from 85% to...
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...
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...
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...
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...
In the Autumn statement released on 23rd November 2016, Phillip Hammond outlined possible changes to the QROPS environment, as follows: ‘Foreign pensions – The tax treatment of foreign pensions will be more closely aligned with the UK’s domestic pension tax regime by bringing foreign pensions and...
Moving abroad can be stressful and people tend to get caught up in quite detailed lists. Get a visa. Find a job. Give notice at my current work. Move out of my home. Move my stuff. Find a new place to live. Find schools for the...
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