Financial Planning
Plan Your Retirement: 10% Expect To Fund Retirement With An Inheritance
Spend now and hope someone will leave you an inheritance to fund retirement seems to be the pension plan for one in 10 people. Rather than make an effort to put money aside in a pension, they are spending their savings and hoping to rely on someone else to make up the shortfall in…
Continue readingExpats Could Face A Ban On UK Welfare Benefits
Expats could face a loss of state welfare as MPs consider a reserve strategy if Prime Minister David Cameron fails to secure a deal to stop migrants claiming benefits with the European Union. Part of Cameron’s main demands is that European migrants will face a ban on claiming benefits if they come to the UK…
Continue readingAnnuity Freedom For Millions Of Retirement Savers
Five million people trapped in poor paying annuities can sell them as a result of a new government plan. The measure is aimed at helping out millions of retirement savers who had to cash in their pension pots before new flexible access rules came in during April 2015. From April 2017, they will have the…
Continue readingHow Much Money Do You Waste Every Month?
Do you know how much you spend each month – and more importantly what you spend the money on? Probably not. But maybe it’s time you took more notice of how you spend your cash by tracking expenses and making sure that you get value from money from every penny you do spend. The…
Continue readingGulf Expats Will Have To Pay For Perks
Expats in some Gulf States are to lose some expensive perks as governments look to cut costs as the price of oil stagnates. Lawmakers in Bahrain are in discussions about scrapping electricity and water subsidies and stopping at least some free education for expat children. Meanwhile, in Kuwait, all visa fees are set to…
Continue readingUAE employees urged to spend their early Eid wages wisely (The National)
Public sector workers who will be getting their wages early have been urged by financial experts to spend responsibly and budget carefully. So far government workers in Abu Dhabi, Dubai, Ras Al Khaimah, Umm Al Quwain and Ajman, as well as members of the Armed Forces and federal government employees will receive early payment of…
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