Notable events over the last week In the US, headline retail sales surprised to the upside following a week of relatively disappointing earnings data from a number of apparel-linked retailers and department stores, including Macy’s, Kohl’s Corp and Nordstrom Inc.. The headline print was +1.3% MoM (vs. +0.8% expected) comfortably above consensus with … Continue reading Weekly Market Update
British expats have to weigh up their pension options if they have funds with a British high street retailer. Two big high street and retail park brands have collapsed into administration this week, joining a list of well-known names that have disappeared over recent years British Home Stores has a £571 million pension black … Continue reading Pension options for expats as retailers go bust
Notable events over the last week Last Friday saw the release of the April employment report which showed nonfarm payrolls expanded by 160k, coming in well below the median consensus expectation of 200k. March job growth was revised down just to 208k from 215k. The softening in April job growth was driven by … Continue reading Weekly Market Update
Relying on proverbs for investment advice is not the best of ideas, according to a leading financial expert. Investors often trot out the rhyme ‘sell in May and go away, don’t come back until St Leger Day’ as a proven strategy. The phrase has no religious meaning – it’s all to do with the … Continue reading Does Selling In May And Going Until St Leger Day Work?
It’s only natural that expat savers want to make the most of the cash they have stashed in poor performing offshore bank and building society accounts. However high their money mountains may reach, they need to keep making sensible financial decisions to keep growing their wealth. To help savers get to grips with managing … Continue reading 10 Investment Tips For Savvy Savers
No one really knows how much they need to save to retire because so many variables apply to the equation. Everyone has their own solution that takes into account factors like when you retire, how long you will live, how much you spend and how much you have managed to save during your lifetime … Continue reading How much money do you need to retire?
Saudi Arabia is to extend a welcoming hand to expats by offering them a right of residency similar to the US green card system. The card will allow expats to claim permanent residency in the country. Expats will pay Zakat, VAT and insurance premiums in the same way as Saudis and will have the … Continue reading Green Card Welcome For Expats In Saudi Arabia
British expats denied a vote in the UK Brexit referendum have won the right to challenge the government’s decision in the High Court. Harry Shindler, a World War Two veteran living in Italy And Jacquelyn MacLennan claim the British government is breaching their human rights by not allowing them to vote. Shindler, 94, said … Continue reading Expats Launch Brexit Vote Challenge In High Court
A vote in favour of Brexit could turn into a nightmare scenario for 2 million British expats living in Europe. The European Union has no procedures in place to deal with a state pulling out of the bloc, just a two-year breathing space to try to dissipate the economic fall-out of a sudden break … Continue reading How much tax will Brexit cost 2m British expats?
Thousands of people approach retirement with a pile of financial regrets, according to a new survey. Only one in five believed they had not made any wrong financial decisions, but the majority rued many money errors they had made throughout their lives, according to specialist insurance firm Partnership. Top of the list of money … Continue reading Financial regrets, we have a few…