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HMRC Tightening Up on QROPS as Pension Liberation Moves Offshore

Under increased scrutiny from The Pensions Regulator and its affiliates, pension liberation scammers have changed tack; falsely marketing QROPS and other offshore pensions as means of accessing one’s pension pot early, a recent industry forum heard. The news came through HMRC’s latest Pension Stakeholder Forum, and highlights how pension liberators are becoming more sophisticated in…

Cityscape of Singapore, Republic of Singapore

Singapore Named Most Expensive City in the World

A recent study by the Economist Intelligence Unit (EIU) has named Singapore as the most expensive city in the world for 2014. Tokyo, 2013′s champion, was displaced to a joint sixth with Caracas (Venezuela), Melbourne (Australia) and Geneva (Switzerland). The Worldwide Cost of Living Survey takes into account some 400 individual prices in 131 countries to calculate overall…

Abu Dhabi

Abu Dhabi Properties Become Available to Expats

Expats and foreign property investors are now able to purchase properties in Abu Dhabi, following a government decision to relax property laws on buyers from abroad. Foreigners had previously been limited to leasehold agreements, however they are now able to purchase freehold properties in designated investment zones. This is a part of an initiative to…

Voting

Expats Could Be Key In 2015 Election

The UK general election will take place next May and expats could play a huge part in its outcome and the future of British politics. The Electoral Commission have launched an initiative to encourage expats to vote in the forthcoming election, recognising that they could make a huge difference in marginal constituencies and alter which…

Oz flag

Expats Expected to Invest in Australian Property

Experts predict that expats and offshore investors will begin purchasing Australian property, capitalising on low interest rates and the falling value of the Australian dollar. As house prices begin to rise, it is expected that there will be huge interest from those overseas and this will subsequently drive the cost of property, representing a great…

Symbolic for retiree with minimum pension

Annuity Schemes, is More Transparency Required?

The Financial Services Consumer Panel (FSCP) has urged for changes in how pension annuity schemes are sold, describing the industry as dysfunctional and criticising it for being full of hidden commissions. The FSCP stated that pensioners choosing to invest in annuity schemes with insurers that they already posses a pension plan with could be missing…

Illuminated Cityscape at Night, Caracas, Venezuela

Survey Reveals Most Expensive Cities for Expat Staff

A recent study from ECA International has revealed the most expensive cities in the world for staff relocated across the globe, based on the cost of living and the price of basic/essential goods. The biggest shock is that Tokyo has fallen from the number 1 spot in 2012 to number 10 in this year’s survey,…