There will inevitably be investment regulation changes post-Brexit. The rules on how expats purchase investment funds and who they can be advised by are set to alter. UK pension providers are already preparing for the post-Brexit world by making it difficult (or even impossible) for their expat clients to continue to receive benefits or contribute […]
Financial planning and Brexit
There are many issues surrounding financial planning and Brexit that expats should be aware of. I’m going to make a bold prediction though. Life will go on even if the UK decides to leave Europe! I don’t say this glibly. History shows that every time major political and economic events rock our world, we can […]
The French will
It is vitally important to write a French will if you live in France. French inheritance rules are relatively complex. Understanding how they work and what can be done to mitigate tax requires the input of various professional parties. When someone dies without a will, the estate of the deceased is distributed in accordance with the rules of intestacy […]
Assurance Vie taxation
Being aware of the rules surrounding Assurance Vie taxation will help with your French tax planning. Sophisticated tax planning strategies are often seen as the preserve of the wealthy. However, anyone can benefit from simple and cost-effective planning opportunities by investing in an Assurance Vie contract. Tax is payable on withdrawals from the investment growth […]
Sustaining pension income in retirement
Sustaining pension income in retirement is a common concern for most of us. We work hard to build up our pension pots in the hope that come the glorious day of retirement we can sit back and enjoy the fruits of our labour. However, for those in Defined Contribution (DC) plans it’s still important to […]
Pension transfer cost
As QROPS advisers, we are often asked how much does a pension transfer cost and how long does a pension transfer take. It may come as a surprise for some, but the daily life of a financial adviser isn’t all fast cars, glamourous locations and champagne lifestyles (Ho ho!). Pension transfers are a relatively complex […]
Low cost QROPS
As we near the date of Brexit, there is a rising interest in UK pension transfers and with that a demand for low cost QROPS solutions. The market for Qualifying Recognised Offshore Pension Schemes (QROPS) as a vehicle for UK pension transfers has developed significantly in the last few years. Changes in UK Government pensions […]
QROPS developments in France during 2017
There have been a number of significant QROPS developments in France over the last year. France remains one of the most popular destinations for British expats to retire abroad. It is estimated that 300,000 currently reside there. Changes in pension legislation have a direct impact on the livelihood of retirees. Removal of French PERPS as recognised […]
Budget raid on QROPS
It’s Spring again, and time therefore for another budget raid on QROPS. How to balance the books? It looks like pensions and in particular QROPS were the ‘fall guys’. Some of us may remember the radical reforms to pensions in the mid-80s. Back then, the demographic time-bomb that was predicted to start exploding in the […]
Common Reporting Standards – threat or opportunity?
Common Reporting Standards are coming to a place near you. It is not just the wealthy that need to worry……! The International Consortium of Journalists (ICJ) unearthed a global can of worms with allegations of large-scale tax evasion following their investigation into what are now known as The Panama Papers. Slowly, governments around the world […]
How the Brexit vote affects your British pension in France
Check out the latest blog on Brexit: www.thelocal.fr/20160720/how-the-brexit-vote-affects-your-british-pension-in-france
How to claim your Lifetime Allowance Protection for 2016
April the 5th has come and gone and we are now into the new UK tax year. The dust has settled after the rush for expatriates to either commence benefits for UK pensions or transfer to a Qualifying Recognized Overseas Pension Scheme or QROPS arrangement. The reason for the latest ‘silly season’ is the further […]
Moving to France from the UK with Christopher Cooley
Today we are interviewing Christopher Cooley. Moving to France from the UK can be a challenge for anyone.In the summer of 2013, at age 27, Christopher made the move from the South-West of England to Bordeaux in France. In this interview we’ve asked him what it is like to move from England to France, what […]
QROPS case example
This article looks at a QROPS case example, and examines the technical aspects of such a vehicle. A QROPS or Qualifying Recognised Overseas Pension Scheme is quite a mouthful, but put simply it is a transfer of an individual pension fund from one country to another. EU legislation exists which enables these transfers, although individual countries can decide for themselves […]
QROPS in France – Happy New Regime!
January is a good time, for those with a QROPS in France, to recap on recent developments in UK pension legislation. Things are always changing in the world of QROPS Let’s consider how these changes will affect those living in France. QROPS in France – legislation developments On 17 June 2013 the French law, Loi de […]