Pension simplification came into effect from 6th April 2006, one of the policies introduced was the lifetime allowance for all UK pensions. The lifetime allowance is the limit on the amount of pension benefits that can be taken without incurring a tax charge.
If you are a tax resident in France, retired in France or thought about moving to France, you may have asked yourself “What should I do with my UK pension?”. We have just updated our Taxation in France for Expats page with plenty of fresh information as of Jan 2021, to help keep you in the know about tax legislation in France
If you are a tax resident in Germany, retired in Germany or thought about moving to Germany, you may have asked yourself “What should I do with my UK pension?”.
The flexibility surrounding transferring your defined benefit scheme to a more flexible arrangement seems to be getting tighter and tighter through ever more stringent regulations by the FCA.
If you are a tax resident in Spain, retired in Spain or thought about moving to Spain, you may have asked yourself “What should I do with my UK pension?”.
Over 40 million Brits are postponing retirement goals for later, only to face severe disappointment during retirement. A new survey finds that the most insisted upon advice from financial planners regarding retirement goals has been falling on deaf ears.