Types of Pension Plans
Retirement planning for UK Expats in Dubai
Retiring early is the dream for most expats in Dubai but the financial reality is few know if they can afford to give up work. For too many years, retirement has been decided by age rather than financial status. As soon as you reached 65, you stopped work and received a state pension. Now…
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Early pension transfers
Sometimes changes at home or work can lead to retirement savers transferring their pensions between providers. If you are considering a switch, here are some of the most frequently asked questions about pension transfers explained. Do I have to leave my pension when I leave a job? No. You can take your pension with…
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New private pension law?
Expats must wait and see what new laws say before they can work out how much they are likely to get under new private pension laws. Chancellor Philip Hammond heralded new rules with some passing remarks in his autumn statement 2016. No one knows exactly what is on the way – but here is…
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A guide to the pension system in the United Kingdom
Pensions are simple – you save a little money when you are working to pay the bills and to provide some luxuries when you are older and have less income. A pension comes in a few different types. Some are offered by employers and others are self-managed. A personal or workplace pension is in…
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SIPP pension scheme for UK expats in Dubai
Deciding the best way to save for retirement as an expat is not always easy – especially if you may want to return to live in the UK at some time. One of the problems is deciding whether you are a temporary or permanent expat. The definition is of crucial importance as temporary expats…
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5 Biggest Retirement Planning Mistakes of UK Expats
Understanding expat finances rather than leaving them to chance can make a big difference in retirement. With the excitement of starting a new life in an exotic country, the temptation is to act like a tourist for the first few months abroad – and to spend like one as well. After the honeymoon, when…
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