Articles and News

30Jun

Discriminatory expat state pensions

Discriminatory expat state pensions
Retiring abroad is a common desire for many in the UK. For those that move to the sunny Mediterranean countries of the EC their UK state pension is preserved and increased each year. If you move to the United States, it is preserved and again increases each year in line with state pensions paid in the UK. This is not the case for every destination however, and the International Consortium of British Pensioners (ICBP) has said the UK is the only country in the Organisation for Economic Development and Co-operation (OECD) that does not ‘up-rate’ their state pension for all pensioners regardless of where they live.

Posted in Retirement Planning, Financial Planning for individuals/families

23Jun

July 2015 Budget Preview

July 2015 Budget Preview
George Osborne will deliver the second Budget of 2015 on Wednesday, July 8th, just two months – almost to the day – after the Conservatives secured an outright majority in the General Election.

Posted in Budgeting and Cashflow

29Jun

The dash for ‘pension freedom’ retirement cash slows down

The dash for ‘pension freedom’ retirement cash slows down
After an initial dash for cash following the introduction of pension freedoms in April 2015, customers are taking more time to consider their options, according to a Scottish Widows reported published on the 1st June 2015. From the initial surge at the beginning of April until the middle of May, Scottish Widows has seen a 72% drop in full pension encashment requests.

Posted in Financial Planning for individuals/families

22Jun

Sun, sea, sand… and savings: Money tips for the summer months

Sun, sea, sand… and savings: Money tips for the summer months
Whilst the summer brings bright evenings and warm weather, it can also be a very expensive time of year. Handy tips to help you save money whilst the sun is shining (hopefully) are always welcome, as even the smallest savings can build up to give you a little extra cash at the end of each month.

Posted in Financial Planning for individuals/families