Insights
British Expats Should Pay UK Tax, Say Financial Experts
Taxing British expats wherever they live in the world is the only way to stop tax avoidance scandals, financial experts claim. The Chartered Institute of Securities and Investment (CISI) wants British passport holders to pay income tax and capital gains tax to HM Revenue and Customs (HMRC) regardless of where their home is located….
Continue readingPension Funds Show Worst New Year Start For Years
UK pension funds have turned in their worst performance in seven years, according to a new survey. Shockingly, less than a fifth of the country’s 5,921 registered pension funds posted growth in January 2016, with the average pension fund showing a loss of 2.5% – last surpassed in January 2009, when funds were 3.5%…
Continue readingWeekly Market Update for 19th September
Index Week Ytd Value CR TR CR TR FTSE 100 6710 -0.98% -0.98% 7.50% 11.00% S&P 500 USD 2139 0.53% 0.59% 4.66% 6.34% NASDAQ COMP USD 5245 2.31% 2.34% 4.74% 5.71% EURO STOXX 50 EUR 2935 -3.86% -3.86% -10.17% -7.85% NIKKEI 225 YEN 16519 -2.63% -2.63% -13.21% -12.27% HANG…
Continue readingWeekly Market Update 12/09/16
This document is intended for professional advisers only and should not be relied upon by any persons who do not have professional experience in matters relating to investments. Weekly Market Update for 12th September Index Week Ytd Value CR TR CR TR FTSE 100 6777 -1.71% -1.68% 8.56% 12.10%…
Continue readingDownsizing leaves millions short of retirement cash
Downsizing rather than saving into a pension is a gamble that rarely pays off and is more likely to leave people short of money when they retire, according to new research. A study estimates that more than 3 million homeowners shun saving into a pension in favor of downsizing to a smaller property –…
Continue readingPension Freedoms: Considering your options is key for savers
Under recent UK pension legislation changes, retirement savers now have the freedom to draw their pension as cash and spend the money how they like – or do they? Whilst the rules have changed, the regulator’s stance on consumer protection has not. Before The probability is anyone with a defined benefit or final salary…
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