Lisa Smith, Editor and Writer

Expat for over 15 years with my wonderful two children. A teacher and a writer and in my spare time (which is very little) a surfer. You can usually find me at the beach or in a cafe reading or writing. Currently doing a great deal of research and reading in to expat pension and retirement plans such as QROPS and QNUPS. I would love to hear your comments on any article I write, it really does fuel my passion for journalism :)

Claiming Your UK State Pension From Overseas

Claiming Your UK State Pension From Overseas

If you are an expat about to retire and want to claim your state pension, you can still claim your pension by getting in touch with the International Pension centre. It’s likely that if you have spent some time out of the UK that the government has lost track of your overseas address. But claiming […]

Four ways to slash your tax bills with investments

Four ways to slash your tax bills with investments

Taxpayers looking for ways to reduce their income tax or capital gains tax bills can look at putting cash into one or more of five government backed investment schemes. Chancellor George Osborne is keen to offer investors in business and social enterprises tax breaks to make up the shortfall in money available to entrepreneurs and […]

Easy Access Pensions To Boost HMRC Tax Haul

Easy Access Pensions To Boost HMRC Tax Haul

New pension rules will generate a huge tax boost for government coffers, according to HM Revenue & Customs (HMRC). HMRC expects to gather £1.2 billion of income tax from retirement savers in the 2018-19 tax year – compared with around £320 million projected for 2015-16. The money will come from tax on easy-access drawdown of […]

Expats Catch An Expensive Cold Over Health Cover

Expats Catch An Expensive Cold Over Health Cover

British expats in Turkey are sick and tired with the government‘s meddling with private medical insurance rules. In April 2014, the government demanded all expats over 65 years old should take out compulsory private health insurance. Now, the decision has been overturned, leaving many expats with expensive insurance they no longer need. The issue came […]

Pensions Twist Or Stick Decision For QROPS

Pensions Twist Or Stick Decision For QROPS

Expat retirement savers need to take stock of more new moves to change pension rules in the UK. Many expat retirement savers live overseas but keep their pensions in Britain, but even more rule tweaking could be on the way after Chancellor George Osborne announced changes in Budget 2014 to allow over 55s easier access […]

BRICS Lay Foundation For New World Economic Order

BRICS Lay Foundation For New World Economic Order

A brave new world order may be emerging almost unnoticed as an economic power shift is taking place, according to an investment expert. The trigger was the recent agreement between BRICS countries to set up a new development bank and $100 million currency fund. The BRICS countries – Brazil, Russia, India, China and South Africa […]

Boosting A Pension Pot With Revolving Contributions

Boosting A Pension Pot With Revolving Contributions

Retirement savers can boost their finances by taking advantage of a tax twist written into the government’s new pension rules. The top up method applies to couples over 55 years old with one partner still working after April 2015. All they have to do is claim pension contribution relief by using their pensions as a […]

Week in Expat Money Matters 18th August – 24th August 2014

Below are the articles from last week, documenting events from the world of expatriate finance, as reported on iExpats and from other places across the web: From iExpats.com: African Ebola Virus IS Worst Outbreak Ever Be under no illusions, the Ebola outbreak is a problem that could very soon affect countries outside of Africa. Over […]

QROPS Tracker – August 1, 2014

QROPS Tracker

Despite occasional setbacks like last month’s surprise suspension of 115 Qualifying Recognised Overseas Pension Scheme (QROPS) , the offshore pensions market keeps marching on. Since QROPS were introduced on April 6, 2006, the number of pensions has rocketed from zero to a record 3,423 schemes with the publish of the most recent QROPS List by […]

How Social Investment Tax Relief Works

How Social Investment Tax Relief Works

Social Investment Tax Relief (SITR) is an investment offering tax relief to wealthy good Samaritans who put money into social enterprises to help less well-off people and communities. Some consider the scheme as a way for the government to raise finance for social projects that cannot raise public funds because of spending cuts. Others believe SITR […]

Offshore Fixed Savings Rates – July 31, 2014

Offshore Fixed Savings Rates – July 31 2014

Most offshore fixed savings rates remain unchanged – but the Nationwide is offering a new three-year bond. At 1.80% for a minimum deposit of £5,000, the rate is conservative and lacks excitement for expats who can pick up better rates over the same term elsewhere for depositing the same cash. Conister Bank is offering 2.50% […]

Week in Expat Money Matters 11th August – 17th August 2014

Below are the articles from last week, documenting events from the world of expatriate finance, as reported on iExpats and from other places across the web: From iExpats.com: Boko Haram Bombings Sparking Travel Warning With the ongoing terror attacks in Nigeria, the foreign office is advising against a visit to the troubled African country for […]

African Ebola Virus IS Worst Outbreak Ever

African Ebola Virus IS Worst Outbreak Ever

The worst outbreak of the deadly Ebola virus is sweeping across four countries in Africa. The Ebola epidemic is the worst by geographical spread and the number of people infected. So far, the virus has claimed victims in Sierra Leone, Liberia, Nigeria after the first reported case were in Guinea earlier this year. The most […]

Teachers Pension Transfers to QROPS

Expat Teachers: Many Opting to Transfer Pension to QROPS

In the wake of the recent announcements following the UK pension consultations, teachers, as well as the majority of public sector employees are facing up to an uncertain pension future. As of April 2015, restrictions will be put in place which essentially prevents the transfer of any unfunded defined benefit schemes into a more beneficial […]

Magic Roundabout sees 15,000 businesses start

Magic Roundabout sees 15,000 businesses start

London’s Silicon Roundabout is the place where most new businesses are starting in Britain, according to figures from industry experts. The magic ‘EC1V’ postcode, which takes in The Angel, City Road and Old Street, saw 15,620 new start-ups in the last tax year, says accounting firm UHY Hacker Young. The firm says that outpaces new […]

QROPS Transfers – Safeguarding Expat Pension Cash

QROPS Transfers – Safeguarding Expat Pension Cash

Switching cash between pensions and triggering tax penalties and losing cash to fraudsters is a hot topic of concern for many retirement savers. Pension liberation has cost honest retirement savers a fortune in advice costs, fines and some have even lost all their money to crooks. So, quite rightly, many expats considering a transfer from […]

Door May Be Closing On Public Sector QROPS Switches

Door-May-Be-Closing-On-Public-Sector-QROPS-Switches

The clock may be ticking for local government and civil service employees who might want to switch their pensions overseas to a Qualifying Recognised Overseas Pension Schemes (QROPS). Chancellor George Osborne announced in Budget 2014 that a ban was probably on the way against transferring public sector pensions into other schemes, including QROPS, from April […]

QROPS Transfers for South African Residents

QROPS Transfers for South African Residents

Those expats residing in South Africa that opt to leave their UK pension where it is leave their funds subject to UK pension legislation. And despite the most recent Budget announcements declaring that the fundamentally restrictive nature of the UK pension market is over for now, there is still much work to be done separately […]

Will You Leave it to Fate?

Will You Leave it to Fate?

If the unthinkable were to happen, it is important that your affairs are in order – particularly if you have a family. As an expatriate in the UAE it is not just important, it is imperative that you have a Will drafted. Nobody enjoys talking about death, despite it being a part of life. The […]

Pension Liberation Adviser Fights Court Ruling

Pension Liberation Adviser Fights Court Ruling

Pension liberation adviser Paul Baxendale-Walker is appealing against a High Court ruling that closed his scheme. Baxendale-Walker is challenging the judge’s decision and an injunction granted the The Pensions Regulator (TPR) to stop the former lawyer and media entrepreneur from running alleged pension liberation businesses. The appeal follows a decision in the High Court earlier […]