Insights
Early retirement planning for UK expats
The problem with saving for retirement is no one know how long they are likely to live or if they need to spend a huge slice of their wealth in funding long-term care costs if their health fails in later years. At best, all an expat can do is make some reasonable saving decisions…
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Donald Trump confirmed as the next US President
Now that the dust has settled, Donald Trump has emerged victorious in the 2016 US Presidential election and is scheduled to be sworn in as President on 20 January 2017. Meanwhile, the Republican Party also secured a clean sweep of Congress, gaining majorities in both the House of Representatives and Senate. This will potentially remove…
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Your £1m pension could be worth £21,000 a year
Having a million pound pension sounds impressive – but few retirement savers realise what that really means as money to spend once they have given up work. The number is the lifetime allowance limit for the maximum any retirement saver can have in a pension fund. Financial firm Royal London have calculated that a…
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Weekly Financial Market Update for 7th November
Index Week Ytd Value CR TR CR TR FTSE 100 6693 -4.33% -4.28% 7.22% 11.05% S&P 500 USD 2085 -1.94% -1.89% 2.02% 3.88% NASDAQ COMP USD 5046 -2.77% -2.70% 0.78% 1.86% EURO STOXX 50 EUR 2955 -4.05% -4.04% -9.58% -7.06% NIKKEI 225 YEN 16905 -3.10% -3.09% -11.18% -9.58% HANG…
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Money transfer firms to tip off HMRC about transactions
Expats switching cash from Britain offshore with money transfer services will soon have their transaction reported to the tax man. Under a new initiative, HM Revenue and Customs (HMRC) intends to demand any money service firm dealing with foreign currency exchange should report the details of the transaction. The aim is to stop expats…
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Weekly Financial Market Update for 31st October
Weekly Market Update for 31st October Index Week Ytd Value CR TR CR TR FTSE 100 6996 -0.34% -0.30% 12.08% 16.02% S&P 500 USD 2126 -0.69% -0.67% 4.03% 5.88% NASDAQ COMP USD 5190 -1.28% -1.27% 3.65% 4.68% EURO STOXX 50 EUR 3079 0.05% 0.07% -5.76% -3.14% NIKKEI 225 YEN 17446…
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