The list below is a collection of articles that refer to, mention or discuss Wealth
Tag: Wealth
Pru Pays Out Thousands Over Canada QROPS Mess
A retirement saver has won compensation from the Prudential after the firm delayed transferring her pension to a Canada QROPS. The Pensions Ombudsman made the...
Brexit No Deal Fears Triggers Expat Exodus
Tens of thousands of British expats want to hand back their passports because they are so worried about their residence rights after Brexit. A poll...
Expat Tax Revolt Starves SARS Of Vital Cash For Services
Expats are leading a financial revolt in South Africa as people lose confidence in the tax system, claim tax experts. Even the South Africa Revenue...
£125m QROPS Tax Windfall Plan Flops For HMRC
Plans to raise millions of pounds from retirement savers from the QROPS overseas transfer charge have flopped. HM Revenue & Customs forecast a £125 million...
P2P Lending Surges By 20% In A Year
Peer-to-peer lending platforms seem to be veering away from pooling funds from consumers in favour of taking money from institutional investors. As the market matures,...
Are You Missing Out On SEIS Tax Breaks?
The Seed Enterprise Investment Scheme offers entrepreneurs a route to raise cheap money for their businesses, but many seem unaware or unwilling to join...
Explained: What is a government spending round?
Chancellor of the Exchequer Sajid Javid addressed the country with his plans for government spending in Spending Round 2019 with a promise to ‘turn...
Five Big Money Mistakes Savers Make Before Retirement
Most people look forward to their retirement as a time for some peace and relaxation away from the torment of daily toil they have...
Falling Gilts Push Up Pension Deficits
Falling gilt yields are impacting on the values of pension funds, according to new data. Long term gilt interest rates have dropped 0.3% since the...
Savers See Pension Transfer Values Hit A New High
Retirement savers switching their defined benefit funds have been offered the highest golden goodbyes ever by their company pension schemes. Average transfer values hit a...
Accidental Americans in UK risk frozen bank accounts
Thousands of Brits who were born in America but left as children risk having their UK bank accounts frozen as the US authorities wage...
US/China Trade War Shouldn’t Spook Investors
The ongoing trade war between the US and China impacts everyone, cautions a leading financial expert. But investors should not be too scared to look...
QROPS Tax Hacks For British Expats
British expats can transfer their UK pension savings to a pension in another country - but they could fall foul of tax implications. HM Revenue...
Property Or Pension? One Makes You £83,000 Richer
Landlords and pension savers have long had a simmering disagreement about the best way to save - but new research shows one method would...
Ex-Minister Reveals Small Pot Pension Hack
Former Pensions Minister Steve Webb has revealed a money hack that exploits a loophole for retirement savers. He urges savers with two or more pension...
Plan To Retire At 75 Is Like Abolishing Retirement
A controversial study recommending that the state pension age is raised to 75 years old is tantamount to abolishing retirement, claims a pensioners’ group. Right-wing...
What Happens To Your QROPS When You Die?
What happens to any money left in a QROPS pension when you die is an important question for many expats. QROPS are offshore pensions for...
QROPS Transfer Delayed For Two Years After Advice Mix-Up
The Financial Ombudsman has censured a pension provider for wrongly ordering a client to pay the QROPS overseas transfer charge. The complaint was made by...
Over 55s Need £184,000 For A Comfortable Retirement
Inheriting cash is a big disappointment for the over 55s, who say that they need £184,000 to comfortably live out their lives but are...
Government Pension Lifeboat Deficits Double In A Month
The government’s pension rescue lifeboat has seen the deficit of safeguarded schemes tumble into the red by tens of billions of pounds. The Pension Protection...