It’s A Great Time To Cash In Your Pension For A QROPS

Beleaguered companies are offering huge financial incentives to buy retirement savers out of their final salary pensions. Expats in Australia can take the chance of doing a deal and cashing in their pensions – and here are the risks and advantages explained. What’s the offer? Some FTSE350 employers are dangling huge wads of cash in […]

Cold-Calling Con-Men Warning For Would-Be Investors

Fraud investigators are warning investors not to fall for promises of untold riches made by tricksters who call them out of the blue. The government’s Insolvency Service is concerned that so many investors hand their savings to crooks offering alternative investments with unrealistic returns. In the latest, Gary Arnold, 31, of Waltham Forest, East London, […]

How Saving Instead Of Borrowing Boosts A Pension

Retirement savers are more concerned with repaying debt or covering day to day living costs than increasing their pension contributions. Almost two-thirds say they would ease their financial stress if they had some extra cash rather than put the money into a pension. Less than a fifth facing a struggle to keep on top of […]

Cut-Price Set Up Costs For New Range Of QROPS

A leading Qualifying Recognised Overseas Pension Scheme (QROPS) provider is offering a cut price deal for expats transferring their retirement savings. As part of a focus on QROPS for British expats, STM Group has set the establishment fee for the offshore pensions at zero until March 31, 2017. The incentive covers all STM QROPS – […]

Royal Mail Posts Pension Warning For 94,000 Staff

The Royal Mail has posted a warning to 94,000 workers that the company’s final salary pension scheme is too expensive to run. The company pays £400 million a year into the scheme, but has calculated by 2018, the cost of running the pension and paying benefits will be more than double that – at close […]

Is Another Global Housing Bubble Set To Burst?

Bankers are warning that house prices are too high despite years of correction since the credit crunch – and that another bubble may burst pushing the global economy off course again. The problem, say experts as Swiss bank UBS, is that a bubble is only spotted on bursting but if historic events that led to […]

Will QROPS Become A Brexit Casualty?

Qualifying Recognised Overseas Pension Schemes (QROPS) may become one of the Brexit casualties if negotiators axe Britain’s adherence to Europe’s freedom of movement and capital rules. The rules are two pillars of the European Union and are at risk in the forthcoming Brexit talks. The British government has made clear that securing national borders and […]

Five Top Hints And Tips For Newbie Expats

If you are a new expat looking for in-the-know information from other expats who have already carved a new life overseas, here are some hints and tips: 1.    Don’t make a decision based on a happy holiday Living overseas is a lot different for dipping into a tourist location for a couple of weeks. Permanent […]

Can You Transfer Your Pension To A QROPS?

QROPS are generally good news for many expats as they offer tax and investment benefits that are not available to retirement savers who leave their pensions in the UK. But QROPS transfers are not available to millions of retirement savers with money held in many workplace schemes that are under threat from underfunding by employers. […]

How To Speed Up Your QROPS Transfer

International IFAs are grumbling about Qualifying Recognised Overseas Pension Scheme (QROPS) rule changes that mean some transfers take up to six months. The new rules require a UK regulated IFA to review offshore IFA advice to expats transferring final salary pensions to QROPS. They are complaining that the rule means pensions transfers are slowed down […]