Retirement planning and pensions can get confusing, and if you fail to prepare it could be considered as preparing to fail! Mike has worked with an extensive range of local and global pension schemes and trustees during his career and is considered an experienced expert in pension advice.
The majority of people plan to retire at 65 and enjoy a financially stable, rewarding lifestyle during their ‘golden’ years. But with so many pension plans available, choosing the right pension plan according to your personal circumstances can be somewhat daunting.It was a heartbreaking story...
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Retirement saving goals are often discussed by friends and family, however, the actual goal of how much you need to save is generally overlooked. When it comes to retirement, everyone has their own idea of what that will include. For some people, it means spending...
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Retirement savings have often been overlooked by younger people, however, it's when you are young that you really need to start looking into it.A survey undertaken by unbiased.co.uk and AXA Life Invest confirms what I have always spoken about and have always known: that those...
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Thinking about retirement already? Chances are, if you’re reading this, you’re an expatriate in a low-tax jurisdiction. Lower taxes mean more income that you can use to build a secure financial future. So, when should you start thinking about retirement? When should you start saving/investing...
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"Why do people spend on annual holidays rather than save for their retirement" I believe it would be great to expand further on the Retirement "awareness" by being "money aware" and how to sensibly plan for retirement. There was a time when people retired, everyone...
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Retirement investment is something often overlooked by people who are getting close to retirement. If you are like many investors, you may see retirement as the end of a long financial journey. After all, you've been saving your hard-earned money for so many years to...
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There are lots of questions that come with saving for retirement. How much risk should you take? Which types of savings accounts are best? How should you be allocated? Or how much do you need to save?These are all common retirement questions that may not...
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There are plenty of retirement factors that most people simply seem to ignore. There are plenty of reasons for this:Is retirement quickly approaching? Are you thinking of downsizing once you retire? Possibly even moving to a new country?Following on from my blog "Why so...
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What are expats in the UAE most concerned about when it comes to their finances?We really wanted to know.You see, our motto is to create personal success stories with you at the very heart of them. To do our job, we needed to know what...
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If you have read my blog “Why people spend on annual holidays rather than save for their retirement" you will know that many people in retirement would like to relax, savour life, and enjoy the fruits of a lifetime of labour. Therefore, many people plan...
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Perhaps one of the most hazardous complexities of new flexibilities, allowing individuals to manage their own income in retirement, is the potentially catastrophic effects of pound cost ravaging.Unlike dollar-cost averaging, which helps investors to manage volatility by contributing a regular fixed amount to a pre-set...
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Why retiring early means NOT booking that holiday...
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Let’s bring flexibility to retirement There's no one best plan for retirement. You think retirement, and the first picture that pops to mind is a life of idle in a sunlit location. Or possibly a little place in the Cotswold. Whatever it is, people often assume...
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If you are looking for a new home or a new start in retirement, retiring in France is an appealing move. Prior to covid-19, over 82 million people visited this wonderful country every year, with many retirees from all over the world choosing France as...
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One of the most important tasks undertaken by a financial adviser is to help clients consider their life expectancy.This is often a tricky subject to broach. Contemplating our mortality can be an uncomfortable scenario for many.However, when it comes to financial planning, it is essential.Focusing...
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When comparing individuals and their financial habits, it often comes down to dividing people by what they are. Are you a spender? Are you a saver?Savers tend to be only willing to use the money they have in their pockets. Spenders, on the other hand,...
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“Let the Good Times Roll” by legend B.B King. It’s a great song.– but it recently got me thinking.I can’t quite believe I’m saying this, but the sentiment in the song is the crucial problem that we have to address as financial advisers, and as...
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I believe it is vital that we all get a better understanding of pensions as there is, as we all know, a burgeoning pension crisis in the United Kingdom – and indeed across much of the developed world.The truth is – and for the reasons...
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Regulation 28 is a part of the Pension Funds Act and its purpose is to protect investors against poorly diversified and poorly constructed investment portfolios. It aims to ensure that investors’ hard-earned money is invested in a sensible way without too much exposure to risky...
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Returning to the U.S. can be a tricky proposition if you are not properly prepared.You are on your way back to the United States after being an expat. No matter what takes you back, the first step is always to establish yourself financially and set...
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The longer life expectancy of retirees presents challenges in retirement.The good news? We're living longer. The bad news? We're living longer.Such is the conundrum faced by retirees and their financial advisers. Since 1960, Great Britain's average life expectancy increased to 83.5 for males and 85.9...
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Incredibly generous offers made to people with “final salary” pensions have continued to convince thousands of savers that swapping the guaranteed income offered by these schemes for a cash lump sum is a serious consideration.Such sky-high “transfer values” are one of the reasons savers are transferring...
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Now that we understand why so many people retire abroad and understand the important factors to consider when preparing for retirement, I believe that one of the most appealing locations to retire is Switzerland. The most appealing aspect of living and working in Switzerland is the...
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The following article is written by Graeme Perry, Solicitor at Sykes Anderson Perry Limited Solicitors and Chartered Tax Advisers in London, England.This information has been prepared by Sykes Anderson Perry Limited as a general guide only and does not constitute advice on any specific matter....
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