UK retirees struggle with low pension income
UK pension income is currently at an almighty low, and people who are set to finish working this year face life on a pension income that has dwindled by around 16 percent over the last five years.
UK pension income is currently at an almighty low, and people who are set to finish working this year face life on a pension income that has dwindled by around 16 percent over the last five years.
Recent studies have made some interesting discoveries with regards to the age old link betwixt money and happiness...
Financial experts within the United Kingdom have praised the growing QROPS market, with many stating it is reaching a new height of maturity, as well as suggesting that QROPS for American residents are also gaining popularity.
Her Majesty’s Revenue and Customs has again come under fire, this time being accused on “ineptitude” by the Taxpayers Alliance following revelations that HMRC have written off a whopping £27.4billion in the last five years...
Liberal Democrat MEP Diana Wallis has stepped up her campaign to see UK expats receive a greater level of security when buying property in Europe. A direct result of the Spanish expat property scandal, Ms Wallis has campaigned on behalf of the thousands of British expatriates who have purchased European properties...
Investing in financial products is a tried and tested way of making money out of money. But as with anything that brings rewards, doing so is not exactly an easy task. First time investors could easily bemoan a number of factors that make picking the right investment a difficult proposition...
The much maligned frozen pension that leaves some expats with pensions that aren’t adjusted for inflation has again been targeted for criticism. This time, one of the UK’s leading think tanks has published a report severely lambasting the policy, both for its unfairness and its economic ineffectiveness...
Dipping into the world of finance and making regular investments is very important for people who are interested in the creation of wealth and wealth preservation. Investing itself has often been likened to gambling, making a strong gain on an investment...
Introduced by HMRC last year in February 2010, the Qualifying Non-UK Pension Scheme (QNUPS) is an exciting new pension opportunity for British Expatriates. The QNUPS allows British Expatriates to save money on taxes in their country of residence, on UK inheritance tax, along with a number of other benefits...
Do civil servants face taxes when working abroad? Civil servants working abroad would be exempt from capital gains tax as long they are already established as non-residents. However they would be required to stay away for at least five years or the sum may be charged upon their return.