Pension

The list below is a collection of articles that refer to, mention or discuss Pension.

US Investors Look Overseas For Higher Yields

US Investors Look Overseas For Higher Yields

US property investors are turning their backs against buying at home and are increasingly looking for higher returns overseas. One research firm is saying that US investors are particularly interested in investing in shopping malls, offices and apartments – so much so they spent £1.7 billion on overseas real estate in the first quarter of … Read more

New Reporting Rules For QROPS Offshore Pensions

New regulations for managing Qualifying Recognised Overseas Pension Schemes (QROPS) that have ceased but still hold funds for members have been published by HM Revenue & Customs (HMRC). The proposals introduce new reporting requirements for scheme managers – although the draft guidance is under consultation and no start date for the rules is set. The … Read more

How Fund Charges Dent Your Pension And Savings

Everyone knows they need to make strenuous efforts to save for their retirement, but not everyone is aware of how fund charges can have a serious detrimental impact on their cash. All pension savers need to understand how to pick the right investments to help their savings grow and understand how charges can affect that … Read more

Savers In Denial About The Cost Of Retirement

head in hands photo

The huge number of workers in denial about their retirement savings is laid bare in a new survey. Research by The Equity Release Council (ERC) has revealed that 65% of British retirement savers are ‘unaware, unwilling or unable’ to face up to the financial challenge they face. Indeed, one in 10 people believes they won’t … Read more

Youngsters Give Up Saving In Hope Of Cash Inheritance

teenagers lying on grass photo

Many young Brits are not saving for their retirement because they believe they will inherit money from their parents- but many are in for a big disappointment, according to a new survey. Skipton Building Society found that 75% of people aged between 20 and 35 are hoping to get a nest egg when their parents … Read more

HMRC demands more tax from Singapore QROPS

Another batch of disappointed Singapore QROPS investors have received letters from HM Revenue and Customs (HMRC) demanding 55% of their pension pot transferred in to an illegal scheme as a tax penalty. The demand is for investors to pay an unauthorised payment charge for joining a Qualifying Recognised Overseas Pension Scheme (QROPS) which was later … Read more

Savers Need To Take Control Of Their Pensions

Woman driving a car photo

Retirement savers are failing to review their pension plans and are not saving enough to fund their later years, according to new research. Around 14% of British savers with private pensions have not bothered looking at the performance of their plan in the last three years, says a survey by Duncan Lawrie Private Bank. Around … Read more