Showing 31 - 40 of 49
What happened to QROPS? New challenges for UK pensioners
Spectrum, Andrew Wood, Published on 07/10/2012
» Are you up to date with all of the advantages and possible pitfalls of a Qualified Recognised Overseas Pension Scheme (QROPS)? There have been sweeping changes this year which could be significant for you if you have deferred pension schemes in the UK.
Dispelling the misconceptions and myths of financial planning
Spectrum, Andrew Wood, Published on 09/09/2012
» Contrary to popular perceptions, planning for your financial future is not an impossible task for anyone. But there are persistent myths that first need to be dispelled. If you have no real financial plans for your future, are you really "planning to fail"?
A basic guide to planning financial independence
Spectrum, Andrew Wood, Published on 02/09/2012
» Following several requests from readers over the last few weeks, we are going to look at some simple ways to plan your retirement, or financial independence for those who say they will never retire.
Domicile, residence and probate
Spectrum, Andrew Wood, Published on 26/08/2012
» Readers are divided in their views on the difference between domicile and residence. Some seem to think they are interchangeable and do not realise the impact that not understanding the distinction may have when they die. Many people do not realise that probate will have a significant effect on the distribution of their assets after they pass away, but the reality is that the issues of residence, domicile and probate are all tied together when dealing with your estate.
The power of trusts in financial planning
Spectrum, Andrew Wood, Published on 19/08/2012
» We have been looking in recent weeks at trusts in financial planning and how you can use them to your advantage. We conclude this week with a look at how to establish and manage a succession plan while continuing with the successful management of your financial affairs.
The practical use of trusts in planning for the inevitable
Spectrum, Andrew Wood, Published on 12/08/2012
» Last week we looked at why many expats should consider trusts to assist them in several ways. Today we delve deeper into the practical use of trusts as efficient financial planning solutions.
Turn hesitation blues into the black with these tips
Spectrum, Andrew Wood, Published on 22/07/2012
» With so much economic and market turmoil today, what solutions exist to protect the hard-earned savings of today's expat? With so many economic happenings, many people become confused and hesitate and that can have devastating effects. The majority of road traffic accidents occur as a result of hesitation. Likewise, if you hesitate in the matter of asset protection you may well end up with your head in your hands, wondering "Why me?"
Will latest bank scandal hit expatriate pockets?
Spectrum, Andrew Wood, Published on 15/07/2012
» Late last month a new banking scandal was revealed, one that may have far wider implications to our banking system than we can yet imagine. Although the story has quieted down somewhat, it could be that we are just seeing the tip of the iceberg? How might you be affected as an expat?
Offshore bonds complex but rewarding
Spectrum, Andrew Wood, Published on 01/07/2012
» Last week we talked about offshore personal portfolio bonds (OPPBs) and how they assist with currency management. Since then a number of readers have enquired about the uses of OPPBs and how they may benefit from such an account. There is obviously a lot of confusion out there.
How to ease the pain of regulatory compliance
Spectrum, Andrew Wood, Published on 17/06/2012
» Reporting requirements for financial transactions are among the chores that burden expats. Anti-money laundering regulations are among the most intrusive. Are these really necessary? Let's study these requirements in more detail.