If you die and leave your family, you can’t stop the heartache, but you can make sure that they do not have financial worries, that they can stay in their home and your children can continue their education. Protecting your family in this way is one of the kindest things you can ever do for them.
There are various reasons why people don’t take out life cover so let’s address those:
For most of us living longer is one of the benefits of modern life but has it occurred to you that this can also be a problem?
This means is that you may last longer than your savings. As it becomes a reality for many people, this is something we really need to talk about, especially as a recent report claims that old age starts at age 74.
Posted in General financial information, Investment, Pension, Uncategorized
Tagged British Expats, financial advice Dubai, Independent financial advice in the UAE, independent financial adviser, offshore investment, pension, Retirement planning, UK pension
On 6th April of this year some significant changes in the world of UK pensions came into force. This will affect most UK pension holders so it’s important to be aware of how this could impact on your pension and retirement planning. This is a complicated topic, and admittedly not the most exciting, so this article aims to give an overview of the main points.
The Chancellor of the Exchequer announced the latest budget on 18th March. Few of the announcements will directly affect people who are not currently resident in the UK so in this post I would just like to comment on some of the changes and announcements that will affect expats. This time round there were few surprises…
This is a topic I have mentioned in several articles on this website but the final guidance has now been issued by Her Majesty’s Revenue & Customs (HMRC) so we have clarity as to how tax will be applied on the sale of UK properties owned by individuals who are not resident in the UK.
This is an inflammatory title but sometimes it’s important to get people’s attention and a reaction. The plain fact is that the vast majority of people are woefully underprepared for retirement and are simply not saving enough for their later years. And if you don’t deal with the matter, who will?
Over the past year or so both HSBC International and Scottish Widows, part of the UK based Lloyds Banking Group, have released the results of surveys that show the parlous state of people’s retirement planning. The surveys make worrying reading and at the risk of sounding dramatic the situation is now a time bomb.