In 2018, just like it has been in the past years, changes and trends in wealth management will be inevitable. Amongst the trends that wealth managers should prepare themselves for includes changes in regulations, intergenerational changes in property ownership and innovation. Then, there is the impending issue of Common Reporting Standards (CRS) and Markets in … Continue reading Trends to Watch in Global Wealth Management in 2018
Back in 2015, the government introduced the pension freedoms act. Research by Old Mutual has shown that in the first two months, a staggering £72.8m in tax was generated due to these freedoms. This is equivalent to an annual tax boost of nearly half a billion pounds, significantly higher than expected. It was originally feared … Continue reading Are You Fully Aware of the Tax Implications on Your UK Pension?
By Jak Ali The University Superannuation Scheme (USS) is the largest private-sector pension system in the UK and the issues surrounding the scheme continue to cause mass uproar amongst academia professionals. There has been a complete mismatch between the money currently held and the amount that needs to be paid out. The USS boasts more … Continue reading USS Pension Debacle
Many British expats flock to Australia in retirement, due to its lifestyle, culture, and the English language. A large portion of expats take their pension with them, by transferring any personal pensions to an Australian scheme. This leads to tax advantages, freedom of choice, and the consolidation of your assets into one portfolio. There have … Continue reading Claiming your UK pension in Australia