Advice Articles

Expat financial advice from the experts

Home Uncategorised Page 4
Generali Vision

Generali International Professional Portfolio Bond (PPB)

Posted on in Advice

Generali PPB Portfolio Bond The Generali PPB Portfolio Bond offered through Generali International is a tax-effective, time-saving bond which can be held in various different currencies. Key Features: Tax efficient: company holdings in Guernsey where no income, capital gains or corporation tax is payable. Time efficient: investor checks not necessary for every single new investment. […]

Collective Redemption Bond

OMI ‘Executive Redemption Bond’ (ERB)

Posted on in Advice

The Executive Redemption Bond is a capital redemption policy with a 99 year term. Provided by Old Mutual International, based in the Isle of Man, it is not subject to income or capital gains tax. Key Features: Tax efficiency. Capital redemption policy. 99 year term. Guaranteed value of twice the premium you have paid. One-off […]

Should I transfer to a QROPS

Should I transfer to a QROPS?

Posted on in Advice

Should I transfer to a QROPS? When you’re an expat, finances can (and invariably do) get complicated. In today’s article, we’re going to identify when expats should be considering a QROPS – and perhaps crucially, answer the question ‘Should I consider a QROPS transfer’? Let’s set an example: take a person aged in their mid-fifties […]

Muslim Expats

Muslim Expats & Shariah Islamic Compliant Funds

Posted on in Expat Families

Muslim Expats – Pension & Investment Funds Muslim expats leaving the UK with accumulated wealth or UK pensions have options to invest into Shariah/Islamic compliant funds. Islam is the second largest religion in the world with around 2 billion adherents making up for around 24% of the world’s population. Almost 31% of Muslims are from […]

working in Taiwan

Living and working in Taiwan for expats

Posted on in Brexit

With a survey conducted with over 14,000 Taiwan Expats, working in Taiwan has now become one of the hotspots for expats. With many people retiring in Asia now, some expats are choosing Taiwan to work. Many are having to transfer pensions to a suitable SIPP following the new pension rules.  Whilst others have no pension […]

HMRC QROPS

HMRC QROPS – 2017 overhaul of the QROPS Rules

Posted on in Financial Advice

Why did HMRC decide to change the HMRC QROPS requirements? In light of the increased pension flexibilities introduced in April 2015, HMRC decided to review the conditions for HMRC QROPS.  An overseas arrangement has to satisfy if it is to be a qualifying arrangement. From April 2015, retirement savers over age 55, can opt to […]

Spring Budget

What did the Spring Budget mean for QROPS?

Posted on in Financial Advice

Spring Budget  The Spring Budget has brought changes to ‘Qualifying Overseas Pension Schemes (QROPS) . Which will affect expats who want to transfer their pensions outside the EU, New Zealand and Australia. In a policy expected to net the treasury £65 million in 2017/2018, transfers of pensions will now be subject to a 25% tax. […]

QROP expensive

Why is my QROP Expensive?

Posted on in Financial Advice

Ever wondered why is my QROP expensive? You won’t be the first or last expat to ask Harrison Brook why is my QROP expensive? If you want to reduce costs on your existing QROP or want to start a new QROP in the most cost-effective way possible, you have come to the right place. Topically, QROPs […]