Bad news for savers came when one of the major offshore banks pulled its long-term fixed rates – but there was some good news for those struggling to open an account in the UK. [Read the rest of the article here.]
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In a move that will affect many expat savers, National Savings & Investments (NS&I) has announced that it is cutting the Premium Bond prize fund rate to 1.3% from next month to reflect lower interest rates across the savings market. This 0.2% reduction means that if you hold Premium Bonds, the odds of each £1 […]
If you have worked in the UK and were a member of a pension scheme (personal or employer) that you have since lost track of, the government’s pension tracking service might be able to help you find it. Just follow this link. Please feel free to forward this post to any friends or colleagues who […]
Workers and pensioners are being warned to double-check their tax codes or face being landed with shock bills that they cannot appeal. More than 20 million codes, which tell you how much of your income will be tax-free, are sent to 16 million people at this time of year. But already The Daily Mail has […]
Can expats invest in ISAs? In a word, no. If you already have money invested in ISAs then you can keep that invested. However, you are not allowed to add new money. [Contact us to discuss alternative, tax efficient ISA alternatives.]
Despite the multitude of resources (websites, books, magazines, advisers, etc) available for expat retirees, there will always be those who fail to make their retirement savings last for the rest of their lives. There are many ways to avoid this, some of which are more proactive while others are reactive in nature. But none of […]