The UK Budget 2023 stands as a defining moment in the fiscal landscape of post-pandemic Britain, interwoven with the ongoing geopolitical shifts. For British expatriates in the Middle East, the Budget’s implications are multifaceted, influencing everything from pension incomes to investment strategies. This in-depth analysis explores the Budget’s critical elements, including national insurance and the...Read More

The review of pension allowances as well as the triple lock and an eventual change to the age of retirement for state pensioners are all likely to be included on the list of priorities for the chancellor in the spring Budget coming up next week. The Chancellor Jeremy Hunt will deliver the fourth annual UK...Read More

An annuity is a financial product that pays out a fixed sum of money at regular intervals, typically monthly or annually. An annuity can be an attractive option for expats who are looking for a reliable source of income in retirement or to supplement their existing income. In this article, we’ll explore the benefits of...Read More

British expats living in the Middle East face a unique set of financial challenges, including how to manage their UK pensions while living abroad. Transferring a UK pension to a new country can come with a number of tax implications, so it’s important to be well informed before making a decision. In this article, we’ll...Read More

As a British expat living in the Middle East, you may be wondering if transferring your UK pension to a Qualifying Recognized Overseas Pension Scheme (QROPS) or other overseas scheme is the right move for you. While transferring your pension can offer several benefits, it’s important to understand the  pension transfer process and consider all...Read More

As a British expat living in the Middle East, you have likely worked hard to build and protect your wealth. However, with the wealth comes the responsibility of ensuring it is passed on to the next generation in an effective and efficient manner. Managing and transferring wealth for the next generation can be a complex...Read More

The United Kingdom left the European Union in February 2020. This has impacted several aspects of the British and one of the major concerns was the impact on U.K. pensions. However, pensions have been negotiated so that U.K. citizens do not face any post-retirement issues. There are agreements in place that are going to protect...Read More

Old Pensions: A Boon Or A Bane? Old pensions opened decades ago might actually result in the present day’s loss of income. When you open a defined contribution pension account decades before you actually retire, the pension charges you pay accumulate to more amount paid than realised compared to pension accounts that are opened in...Read More

Recent research by the FCA (Financial Conduct Authority) suggests that most retirees are withdrawing an unsustainable amount from their pension plans which might contribute to lowering their post-retirement life standards. If they continue the same way, some retirees may also run out of most of their retirement money before retirement. The UK government introduced a...Read More

Rising inflation has started to significantly impact retirement plans due to the shrinking real value of income earned. It becomes more necessary now to invest correctly to reap maximum returns for a secured post-retirement life. Our article will cover everything you need to know to decide on your retirement plan in 2022. Inflation affecting your...Read More