Retirement

Featuring the latest retirement news, these articles show you how to make the most out of your pension, and provide information on retirement planning, pension transfers, QROPS, QNUPS and SIPPS.
This market is volatile – and our team of experts can help you understand the factors at play by stripping away the opinions and reporting the solid facts.
We’ll keep you up to date with the latest legislation, how to claim pensions when you are overseas, and any changes to British pension rules.
To compliment this offering, we also look at the latest expat lifestyle trends – so you stay informed of the latest news and developments – wherever you are in the world.

On October 1st teachers across England took to the streets to say ‘enough is enough’. The National Union of Teachers (NUT) and the National Association of Schoolmasters Union of Women Teachers (Nasuwt) have taken controversial strike action against injustices they feel have befallen them. The Secretary of Education, Michael Gove, has been...
Hopes that property investors fostered of extra tax relief from putting buy to let properties into pension funds have been dashed by the government. In Budget 2013, Chancellor George Osborne indicated he would allow pension relief on homes converted from unused commercial buildings. However, HM Revenue and Customs has now contacted...
Lord Hutton of Furness, who oversaw the UK’s welfare policy under Tony Blair as the work and pensions secretary, has warned that individuals from across the political landscape had “lost the plot” over the “unstable” benefits system. He warned that current and proposed measures are defending a work-shy culture in...
An ambitious Pension and Life Insurance Fund (PLIF) targeting the UAE’s non-resident Indians has been launched by the Indian Government. Also called the Mahatma Gandhi Pravasi Suraksha Yojana, these voluntary schemes allow workers to save for retirement, receive pension benefits, and accumulate life insurance cover of up to AED 6,500...
Just how much should someone save into a pension to gather enough money to pay for a comfortable retirement? That’s the question that puzzles many retirement savers who reach the end of their working life and find that their pot of gold is too small to fund the lifestyle they...
The US 401(k) investment plans are a financial disaster for most retirement savers, according to a new study. Only the wealthiest savers can make the plans work for them, because they are the only workers rich enough to make the contributions required to build a fund to finance their retirement. For...
Including a spouse in retirement plans tends to lead to less conflict and stress when couples spend more time together when they give up work. A study has found that if spouses have different views of how to while away those long hours in each other’s company, they will spend...
On Tuesday September 3rd Eastman Kodak exited chapter 11 bankruptcy, leaving behind many of its assets. In January 2012 Kodak filed for bankruptcy in the United States having lost majority of its market dominance to a number of different technologies. In part, a main factor of this loss was due...
This past Tuesday the French government announced the eagerly anticipated pension reforms. The reformations are put in place due to an overwhelming deficit in the retirement pot. The country is struggling to relieve itself from its debt and these modifications are the first proposed stages in doing so. As an increase...

Ageism in the UK

Ageism is defined as the discrimination of people based on their age group and considering the term usually refers to discriminating against the elderly, this word is quite young. Ageism was first described by psychiatrist and Pulitzer Prize winner in 1969 by Dr. Robert Neil Butler. This form of prejudice is...
British expats are urged to check their wills and financial paperwork are up-to-date to make sure their retirement savings go to the right person. Most pension schemes ask a pension saver who should have their money if they should die – but many savers forget to pass on the details...
Millions of pensioners and over 50s across Europe doubt they can maintain their current standard of living in retirement. A major survey of 50 to 70 year olds across Britain, Austria, France, Germany, Italy, Netherlands, and Switzerland found half do not believe they have saved enough money to see them...
The pension fund of music, movie and games retailer HMV is unlikely to see a penny out of the £26 million the fund is owed by the company – despite the administrators charging fees of around £15 million to sort out the collapsed firm’s financial affairs. Banks have also collected...
Retirement income is about to get a boost for pensioners who have suffered miserably on a fixed income during recent years. The income a pensioner can draw down from a self-managed pension increases by 5.5% from next month as the Government Actuary Department (GAD) figure goes back to 120% from...
Yet another wave of research confirms retirement savers are not putting enough money aside to fund their later years. More than a quarter of savers (28%) have no idea how much money they have in their pension pots, while 42% do not know how much income their current retirement savings...