Pensions Articles

Expat financial advice from the experts

Kodak Pension Plan 2

Do you have a Kodak UK Pension Plan 2?

The Kodak Pension Plan 2 was set up in 2013 under a mechanism known as a Regulated Apportionment Arrangement (RAA). This arrangement allowed Kodak to sever ties with their 15,000 members pension fund due to financial difficulties following the Chapter 11 bankruptcy filing by Eastman Kodak (the US parent company) in 2012. What does this […]

johnston press pension

Do you hold a Johnston Press Pension?

Do you a hold a Johnston Press Pension? In mid-November the Johnston Press Pension Scheme headed to the Pension Protection Fund (PPF)as part of a deal to keep the publisher afloat. If you are a member of the Johnston Press Pension Scheme you should have received a letter from the trustees informing you of this. Johnston Press Pension […]

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 […]

Fee based financial advice Spain

Fee based financial advice Spain

Fee based financial advice Spain Spain has the highest numbers of British Expats throughout the world. It is easy to see why with the climate, food and low cost of living. As a result, there are a huge number of financial advisers in Spain, the majority of which still all work from a commission-based model. […]