Advice Articles

Expat financial advice from the experts

move to portugal

Financial Advice for expats in Portugal

Moving abroad? Consider Portugal. So, other than a high quality health system, easy accessibility to the rest of the world and 3300 hours of sunshine a year! What other reason do expats in Portugal have for the move? How about the Portuguese Non-Habitual Tax Resident scheme (NHR)? What is NHR? The NHR is a Portuguese tax regime […]

Canadian QROPS

No Canadian QROPS – you can still transfer UK Pensions

Did you know that HMRC has cut all Canadian QROPS? In February 2017 Her Majestys Revenue and Customs (HMRC) decided to cut all Canadian QROPS / ROPS (Qualified/ Recognised Overseas Pensions Schemes) from the ROPS list. The reasons being that Canadian retirement plans allow for the holder to use their pension as collateral when buying a […]

UK Pension transfer to Germany

UK Pension Transfer to Germany – Things to know

Do you hold UK pensions but are looking to move back to Germany? Company pensions have become more attractive than in the past due to changes in legislation and rules concerning occupational pension schemes. The German government has been advocating and supported employees to enhance their pension provisions for retirement. If you are looking at […]

Expat Pension Sharing Order for UK Company Pensions

Expat Pension Sharing Order for UK Company Pensions

Expat Pension Sharing Order for UK Company Pensions Pension sharing order for UK company pensions has become more and more common in recent times. The process itself is not overly complex and there are a number of companies in the UK, who can assist with this. The issue arises when you are no longer a […]

ford uk pension scheme

Do you have a Ford UK Pension?

Do you hold a Ford UK pension? If you are part of the Ford UK Pension scheme then it is likely you have received a newsletter from the Ford UK Pensions trustees informing you of the new choice being offered regarding transferring the benefits. Ford has recently announced that they are going to offer the […]

brooklands sipp

Do you hold a Brooklands SIPP?

Brooklands SIPP First of all, if you are a Brooklands SIPP holder then you will have been well aware of the negative press they have been receiving. Indeed, while the name Brooklands SIPP has become synonymous with misselling of SIPP’s. As a result, the FSCS (Financial Services Compensation Scheme) is paying out to clients who invested in their […]

kodak pension plan

Do you hold a Kodak Pension?

Do you hold a Kodak pension? If you are part of the Kodak pension (Kodak Pension Plan – KPP) then it is likely you have received a newsletter from the Kodak UK Pensions trustees, but also as reported by Josephine Cumbo in the Financial Times plan members face a threat of pension deductions. The message from Kodak […]

French PERP/QROPS

No French PERP/QROPS – You can still transfer

Are you aware that HMRC has cut all French PERP/QROPS? As of December 2016, all French PERP/QROPS were delisted by HMRC.  A PERP (Plan d’Epargne Retraite Populaire) is a long-term savings product that provides an additional regular income from retirement age. A QROPS (Qualifying Recognised Overseas Pension Scheme) is a non-UK based pension scheme recognised by […]

No American QROPS – You can still transfer UK Pensions

No American QROPS – You can still transfer UK Pensions

Are you aware that HMRC has cut all American QROPS? From the 9th March 2017, the Chancellor of the Exchequer announced in his annual budget the introduction of an Overseas Transfer Charge (OTC). The OTC is, in essence, a 25% tax on any pension transfer to a QROPS for those that reside outside of the EEA […]