Types of Pension Plans
Reasons for transferring a pension – and one why not
IFAs and pension providers talk up the benefits of pension transfers – but is changing horses so close to retirement worthwhile? Moving pensions is only worthwhile if you are achieving some financial objective and sometimes consumers must weigh up the cost of switching against the benefits. If you feel that moving your pension might…
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How much do expats need to save for retirement?
How much money is needed to pay for a comfortable retirement is the question everyone would like answered. Really, it’s a question without an answer because too many variables apply. The main problem is that none of us know how long we will live, so have no idea how much cash we need for…
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How much does retiring to Australia cost?
Thousands of British expats retire to Australia, but those who go without a plan face a financial nightmare. The Australian government has some tough rules for expats – even the British. They will want to see that any potential long-term resident has enough money to pay their way. Australia does not have a free…
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Tips for expats moving to Australia from the UK
The longest journey for an expat starts with a single step – and that’s usually deciding to leave home to seek a new life overseas. Australia is one of the most distant but most popular destinations for British expats. Besides a sunny climate and healthy outdoor lifestyle, Australia presents no language problems and has…
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Planning for a comfortable retirement
Sorting out your money for retirement is more complicated than arranging to have your pension paid into the bank after you give up work. Pensions come with lots of options and making the right financial choices for you may mean talking about your plans for later life with a professional adviser. Moving money can…
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Five big retirement planning mistakes of UK expats
Expat life is complicated enough having to cope with a new language and culture, but don’t forget to sort out your finances. Managing pensions and investments in the UK while living sometimes thousands of miles away in a different time zone takes organisation and patience even with online access to banks and financial providers….
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