Pensions & Retirement

Malta Cream of the Qrops

Choosing a pension fund can be a minefield for the uninitiated investor, especially if you are thinking of retiring overseas. The UK Government introduced Qualifying Registered Overseas Pension Schemes (QROPS) in 2006 with a view to simplifying the options available. QROPS offer members of UK based pension funds, who wish to emigrate for their retirement, […]

5 things you should know about your pension

5 Things You Should Know About Your Pension

When surveyed in 2008, 39% of UK respondents said “I would rather enjoy a good standard of living today than save for retirement.” Around 10 million people save nothing at all for their future, and 4 million save not nearly enough. These 5 things to know about your pension are not handy hints on squeezing […]

How Will The 2012 Pension Changes Affect You?

How Will The 2012 Pension Changes Affect You?

The UK government is introducing new legislation to ensure workers make provision for their retirement. Employers will be expected to provide an adequate pension scheme for all eligible employees. The government is concerned that approximately 7 million people are failing to save up for their retirement. People are living longer; therefore they should save more […]

Probate For UK Ex-patriots

Probate For UK Ex-patriots

More and more British people are choosing to live abroad, many of them still owning property and assets in the UK. If a person in this situation dies, there are special probate processes that must be followed to enable the executors of the Will or beneficiaries to administer the UK portion of the estate. If […]

A Quick Guide to Funeral Payment Options

A Quick Guide to Funeral Payment Options

There aren’t many people who are keen on thinking about their own funeral, never mind the various funeral payment options available. Planning a funeral is one thing, making sure it’s paid for is another. Unfortunately, every year in the UK thousands of people make no financial provision at all for their funerals. In these cases, […]

State Pension 'Not Enough'

State Pension ‘Not Enough’

A recent survey conducted by Standard Life reveals that 2 out of 3 people believe they would not be able to live on the new flat rate £140 a week state pension. Although Standard Life welcome the new our own personal flat rate being introduced by the current government for its transparency and simplicity, it […]

Self-Invested Personal Pension

Self-Invested Personal Pension

Wondering how best to save for retirement? One relatively recent form of pension is the Self-Invested Personal Pension (SIPP) that has become very popular amongst finance advisers. Broadly speaking, a SIPP does exactly what the name suggests. Rather than investing in a personal pension or stakeholder pension when the fund managers look after how your […]

Pensions for Basic Rate Taxpayers

Pensions for Basic Rate Taxpayers

We all know we should be paying into a pension, particularly in light of rising life expectancies with only a pittance of a state pension to look forward to. But for those of us earning below the 40% tax bracket, it can be incredibly difficult to find the cash to put away. It’s much easier […]

Pensions – Stakeholder or Personal?

Pensions – Stakeholder or Personal?

As with almost every other type of financial decision, choosing a pension plan can be an incredibly daunting process. Like most areas of personal finance, the pensions market is a maze of variables that may make little sense to a novice. Considering the importance of ensuring you’ve saved enough for twilight years, it is probably […]

Obtaining Professional Advice on Pensions and Retirement

Obtaining Professional Advice on Pensions and Retirement

When someone retires they are faced with some of the most difficult investment and financial management decisions that they will have ever faced. Yet only a staggering 44% of 55-64 year olds have ever sought advice on retirement planning. Defaqto (the data research company) hope to change this. In a study titled the Annuity Review, […]