UK pensions

September 3, 2020
Sterling still highly vulnerable, despite recent gains premium
Despite rising steeply over the past few days, the pound is still incredibly vulnerable, however it’s crucial that families and investors must not become complacent in terms of substantial declines. Sterling has hit a 12-week high against the euro and reached new highs against the U.S. dollar. Indeed, the pound has enjoyed an impressive run recently as risk appetite improves amongst investors, partly due to stronger than forecast data. That said, it’s vital to closely Read More
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Nigel Green
January 6, 2017
Countdown to Article 50 sparks rush to transfer UK pensions overseas premium
The countdown to the triggering of Article 50, the official starting point for the UK’s exit from the EU, is leading to a surge in the overseas transfer of UK final salary pensions. The countdown to the triggering of Article 50, the official starting point for the UK’s exit from the EU, is leading to a surge in the overseas transfer of UK final salary pensions. Read More
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Nigel Green
November 27, 2016
In support of new government QROPS rule changes premium
The government’s plans to bring the tax treatment of overseas pensions more in line with Britain’s domestic pension tax regime have my support. In Wednesday’s Autumn Statement, it was revealed that the tax regulations regarding Qualifying Recognised Overseas Pension Schemes’ (QROPS) will become more aligned with those of UK pension schemes. These latest plans suggest that QROPS will, as such, be taxed in the same manner as a UK pension for anyone who decides to return to Read More
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Nigel Green
July 18, 2013
Pensions: The UK needs a wake-up call. And soon. premium
The number of people saving into a private pension has slumped to a record low, according to new Office for National Statistics data. The figures reveal that only 35 per cent of men and 32 per cent of women under 65 years old paid into a private pension scheme in 2011-2012. The number of people saving into a private pension has slumped to a record low, according to new Office for National Statistics data. The figures reveal that only 35 per cent of men and 32 per Read More
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Nigel Green
May 7, 2013
Latest pension reforms are ill-conceived premium
The decision, announced by Pensions Minister Steve Webb, to stop spouses claiming a UK state pension based on their husband or wife’s history of National Insurance contributions is ill conceived in my opinion.  The decision, announced by Pensions Minister Steve Webb, to stop spouses claiming a UK state pension based on their husband or wife’s history of National Insurance contributions is ill conceived in my opinion.  Read More
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Nigel Green