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.

Property v Pension – What’s The Best Retirement Plan?

Choosing how to grow your money for a comfortable retirement is a vexing question for many investors – and there doesn’t seem to be a correct answer. Picking the right investment horse to back is tricky and can have lifestyle changing repercussions when you reach retirement age. The favourites are property and pensions, but which … Read more

Think-Tank Comes Up With Ways To Shrink Retirement

Your retirement is shrinking as government act to delay the time workers leave the workforce, says a new think-tank report. Moving retirement dates is one of the only ways governments can reduce the number of older workers who are not earning a salary or paying tax, says the Organisation of Economic and Cultural Development (OECD). … Read more

Claiming UK State Pension As An Expat

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Many expats rely on their state pension payments to make ends meet, but can Britain be relied on to top up the payments in line with inflation each year? Unfortunately, for many retired expats the answer is no unless they live in one of a few selected places that have a special agreement with Britain. … Read more

Pension Scam Cold Call Ban May Have To Wait Until 2020

cold callers

Pension scammers cold-call eight people every second, but the government may not have laws in place to stop them until 2020, a minister has revealed. Around 250 million cold calls are made every year, with 11 million retirement savers receiving calls since April 2015, according to official figures from the Money Advice Service. Fraudsters are … Read more

Pension Savers Pay £433m Too Much Tax

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Thousands of over 55s have overpaid millions in tax after drawing money from their retirement savings under flexible access pension rules. The mandarins at HM Revenue & Customs resolutely refuse to change the rules, which has left taxpayers fuming for paying too much income tax which they then have to claim back. Although HMRC says … Read more

Pension Revamp Is A Tax Tonic For Doctors

doctors

The government is writing a prescription to cure the pension ills of doctors facing tax problems. High-earning doctors have retired or cut their availability to the National Health Service because their pension growth was outperforming the lifetime allowance (LTA). The LTA is set at £1.055 million – but any pension pot exceeding the allowance faces … Read more

Record Number Of Over 70s Still Working

old man working

Age is no bar to working in retirement with record numbers of the over 70s refusing to stay at home, according to official data. The number of over 70s choosing to work after retirement has risen steadily every year for the past decade, peaking at 497,946 in the first three months of 2019. That’s an … Read more

Self-Employed Will Only Save For Retirement If Forced

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Half of the self-employed would willingly save into a pension – but only if the government brings in automatic enrolment regulations. Otherwise, thousands of workers will continue without any retirement savings, says a new report by investment house Fidelity International. One of the big issues about saving for the self-employed is locking away money. Pension … Read more

Music That Shapes Your Life Shapes Your Savings, Too

music

The music that shaped your life also influences the way you save, according to new research from a leading bank. If you were around when the Beatles were topping the charts, the likelihood is your saving strategy is different from the Guns n’ Roses generation. The US research for Wells Fargo says the usual thinking … Read more