Below is what happened in a week in Expats Finances, as reported on iExpats and from other places across the web.
Some of the 300 Guernsey QROPS may be back in business as the States may make tax changes that will allow them to apply for reinstatement.
Things you need to be aware of if you are residing in Dubai and are planning to begin saving for retirement.
A new report indicated that many saving for retirement are setting unrealistic financial goals that are causing them to fall short on the amount they hope to save for their retirement.
The Financial Conduct Authority is now warning investors to watch out for the risks associated with investing in a gear traded endowment policy.
Financial institutions in the United States are requesting to delay FATCA so that they have enough time to identify the millions of US citizens with foreign assets.
Civitas, a think-tank, suggests that wealthy individuals take a test to determine whether they really need pension money. They have also suggested that every individual should be required by law to contribute to their pension funds
Money lenders have now decided that they will no longer be giving housing loans to those who have lived overseas anytime in the last three years.
Charities have been voicing their concern about the money hidden from the tax man. According to these charities, the money hidden in tax havens could possibly amount to double what developed nations distribute as foreign aid.
Investors are receiving high returns on investments in emerging economies and according to new research, this trend is expected to continue.
A third of all individuals above the age of 50 are forced to continue working as they have not accumulated enough savings to retire comfortably.
Financial News From Around The Web
A third of over-50s to delay retirement – The Times
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