by SJB Global | Apr 18, 2023 | Pensions, Retirement
Pensions are one of the most important savings vehicles for people planning for their retirement. They provide a secure source of income in old age, allowing you to live a comfortable life without having to worry about finances. However, many people are tempted to dip into their pensions before they reach retirement age, thinking that they need the money for various reasons. In this article, we will explore why it’s usually not a good idea to withdraw money from your pension unless you really need it.
by SJB Global | Mar 30, 2023 | Estate Planning, Retirement
A QNUPS (Qualifying Non-UK Pension Scheme) is a type of offshore pension scheme that is registered with Her Majesty’s Revenue and Customs (HMRC) in the UK. It is important to note that QNUPS are subject to strict eligibility criteria, they are also subject to certain contribution limits and may not be suitable for everyone, so it is important to seek professional financial advice before considering a QNUPS as part of your retirement planning strategy.
by SJB Global | Jan 16, 2023 | Europe, Pension Transfers, Pensions, Retirement, Tax
Are you retired and thinking of moving to Portugal? Or are you already living in Portugal and wondering how your retirement income is taxed? You’re in luck – we’re here to break it all down for you. Keep reading to learn more about the different types of...
by SJB Global | Nov 18, 2022 | Europe, Pension Transfers, Pensions, Retirement, Tax
Are you a UK or overseas pensioner living in France? Did you know that you may be liable to pay French tax on your pension income? In this blog post, we will explain how the French tax system works and look at some of the ways that you can reduce your taxable income....
by SJB Global | Oct 27, 2022 | Pensions, Retirement
Investors looking for a safe and reliable way to grow their money may want to consider investing in an annuity. Thanks to the economic conditions, rates have skyrocketed and Annuity popularity is on an upswing. Annuity rates have been rising steadily for the past nine...
by SJB Global | Oct 17, 2022 | Pension Transfers, Pensions, Retirement, Tax, UK
There has been a lot of change in the UK recently, with a new prime minister taking over. This article looks at how these events could impact taxes and pensions for investors. It is important to stay up-to-date on developments so that you can make informed decisions...