Oil and gas contractors kicking their heels waiting for the market to pick up may have more time on their hands. Spending on new oil and gas projects has slumped to $450 billion – down from $780 billion just two years ago and the lowest investment level in 64 years. International industry watchdog the International […]
Retirement Articles
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 […]
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 […]