Thinking about moving your UK pension to an Australian Super? Here are some information points you should be considering. Why? Chance to spend retirement in Australia. Tax-free pension transfer. Tax-free paid-out benefits after 60. Flexibility in investments and drawdown. How? In 3 simple steps! Choose a QROPS. Consult a pension transfer service provider to help … Continue reading How to transfer UK pension to an Australian super
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?
Based on recent surveys on various pension schemes in the UK, a worrying trend is developing. This is the increase in deficits faced by some of the biggest companies in the UK in their Defined Benefit Pensions. Based on reports, this deficit skyrocketed to about £460 Billion as of September 2017. This figure, however, dropped … Continue reading Deficit Pension Schemes in the UK
It is safe to say that Dubai’s property market has had a slow three years. After a 3-year slump, with average property prices dropping 21 percent from November 2015 to April 2017, analysts believe that the market has bottomed out. Contributing heavily to the market’s position is the strength of the dollar. With the surge … Continue reading Where Does Dubai’s Property Market Stand Globally?
Further to the recent Brexit referendum the pound has plummeted against other currencies. So how much lower can it go? Here are some of the more bearish, or pessimistic, forecasts. Below parity Jim Rogers, investor and chairman of Rogers Holdings: “It is going to go down a lot,” he told the BBC in an … Continue reading The stunning collapse of the British pound
Why Professional Expats Are On The Move Research aimed at explaining why professional expats move between countries has thrown back some baffling results. Close to 200,000 expats were asked about their travels and the results were sifted to put together a list of the top five countries they leave and are attracted to. Four of the … Continue reading Why Professional Expats Are On The Move
After Brexit Taxes will Rise After UK votes to leave EU, UK is now going from Economical challenges and to deal from these challenges UK Finance minister George Osborne announced that UK have to raise taxes. UK Finance minister George Osborne said that “We are absolutely going to have to provide fiscal security to people, … Continue reading After Brexit Taxes will Rise
UK votes to leave the EU With the UK’s referendum concluding in the unexpected result of voting to leave the EU, market sentiment has reacted negatively this morning. Ahead of the referendum, both UK equities and sterling had risen as expectations of a ‘remain’ vote increased. However, the initial reaction as results filtered through overnight … Continue reading UK votes to leave the EU
Weekly Market Update Notable events over the last week In a slow week for meaningful macro data, attention focused on the US JOLTS jobs report and Fed guidance ahead of the June FOMC meeting this week. The hiring rate was little changed in April with job openings hitting 5.8 million (vs. 5.7 million expected and … Continue reading Weekly Market Update
China’s economy showed some signs of stabilisation during the period and this helped its stock market make gains after a particularly turbulent third quarter. The stabilisation occurred amid significant government policy support in the form of currency intervention, interest rate cuts, increases in fiscal spending and reductions of the bank reserve requirement ratio (the proportion … Continue reading Performance of Emerging markets during 2015