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Should I Have a Structured Note in My QROPS?

When planning for retirement, the goal is to ensure that your investments not only grow but are also protected. For expatriates, Qualifying Recognised Overseas Pension Schemes (QROPS) offer a potential solution for pension transfers abroad. However, the decision to include structured notes within a QROPS requires careful consideration. While structured notes can offer attractive features, there are compelling reasons why they might not be the best fit for your retirement planning. Here’s why:

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Why Is My Structured Note Performing So Poorly?

Structured notes are complex financial products that often attract expat investors with their promise of higher returns and protection against downside risks. However, like any investment, their performance can sometimes fall short of expectations. If you find yourself wondering, “Why is my structured note performing so poorly?”, here are some potential reasons and factors to consider.

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Expat Investing: A Guide To Structured Notes

When it comes to expat investing, the array of options available can be both exciting and overwhelming. Among the plethora of investment vehicles, structured notes have gained considerable attention. But what exactly are structured notes, and more importantly, should you consider investing in them? Let’s dive in.

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Unlocking Your Retirement: A Guide to Flexi-access Drawdown Rules

Are you nearing retirement and wondering how to make the most of your pension savings? If so, then understanding the flexi-access drawdown rules is essential. In this comprehensive guide, we will walk through everything you need to know about unlocking your retirement funds through flexi-access drawdown. We will explore the advantages and disadvantages of flexi-access drawdown, discuss the eligibility criteria, and explain how to set it up. I will also provide insights on investment strategies and tax implications to help…

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What Do I Do With My Swiss Pension When Returning to the UK?

Moving from one country to another involves a myriad of tasks, and among them is the critical aspect of managing your pension. For those leaving Switzerland and returning to the UK, understanding the pension rules in both countries is paramount. This guide will walk you through your options for managing your Swiss pension funds, ensuring you’re well-informed and prepared for this important financial move.

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How to Find a QROPS Adviser

If you’re been living abroad and have a UK pension, you will have probably heard about Qualifying Recognised Overseas Pension Schemes (QROPS). A QROPS is an overseas pension schemes that meet certain standards set by HM Revenue and Customs (HMRC). For expats, they can offer flexibility, tax efficiency, and currency benefits.

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QROPS Explained: How the 5-Year Rule Affects Your Overseas Pension

If you’re navigating the complex world of overseas pensions, you’ve likely come across the term “QROPS.” Standing for Qualifying Recognised Overseas Pension Scheme, QROPS have long been a consideration for expats who want to transfer their UK pension abroad. But there’s one aspect that often causes confusion: the QROPS 5 year rule. Let’s break it down in simple terms.

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Can I transfer my UK pension to Sweden?

Are you a Brit living in, or moving to Sweden? Are you unsure of how to navigate the complexities of managing your pensions across borders? Whether you’re entangled in the web of the UK’s State and private pensions or exploring the multifaceted Swedish pension landscape, understanding the nuances of each system is crucial. In this guide, I will explore the options, obstacles, and opportunities that await you.

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Can I transfer my Irish pension to the UK?

Some Irish pension products are simply not suitable for non-domiciled individuals or those that do not intend to stay in the country in later life. However, navigating the complexities of pension transfer between countries can be daunting, especially when dealing with two different regulatory environments such as Ireland and the UK. This guide aims to simplify the process, outlining key considerations, steps, and implications of transferring an Irish pension to the UK.

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The gift that keeps on taking: Understanding gift with reservation of benefit rules

Gifting an asset directly to a loved one or indirectly via a trust can be a really effective way of mitigating Inheritance Tax (IHT). However, care needs to be taken to make sure that HMRC doesn’t put the kibosh on your well-laid plans. If they view your action as a “gift with reservation of benefit” then the asset in question will still be viewed as part of your estate for IHT.

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Are QROPS Still Suitable in 2024?

As we move into 2024, the financial landscape continues to evolve.  For expatriates or individuals with UK pension funds living abroad, the question of how to best manage these retirement savings remains a pressing one.  Qualifying Recognised Overseas Pension Schemes (QROPS) have been a popular choice since their inception in 2006, but are they still a viable option in today’s financial climate?  In this post, we will delve into the current state of QROPS and assess whether…

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Evaluating Expat Pension Options – Should I Keep My QROPS?

As an expat, navigating pension options can be complex, particularly when it comes to understanding Qualifying Recognised Overseas Pension Schemes (QROPS). If you already have a QROPS, it is crucial to stay informed about the latest developments and alternatives. What Is A QROPS? A QROPS is an overseas pension scheme where UK pension plans can be transferred.  They have been a common option for expats in recent years but in many cases using a QROPS has…

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I’m Unhappy With My QROPS, What Should I do?

Are you feeling uneasy about your current QROPS (Qualifying Recognised Overseas Pension Scheme?) It’s not uncommon.I have spoken to numerous expats who have to find themselves questioning the performance and suitability of their QROPS.  But fear not!  Here’s a comprehensive guide to understanding the intricacies of QROPS and steps you can take if you’re not entirely satisfied with your current plan. Understanding QROPS: Aligning It With Your Goals The core purpose of a QROPS is…

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Gone for a Burton! What Expats Can Learn About Estate Planning from an Acting Legend

Richard Burton was an actor renowned for both his exceptional talent and his turbulent personal life. He also offers a cautionary tale for expats when it comes to estate planning.  Despite his efforts to avoid UK inheritance tax (IHT), including living for more than a quarter of a century in Switzerland, Burton’s story reveals the complexities and pitfalls of domicile laws and their impact on inheritance tax (IHT). The Dazzling Life and Unexpected Legacy of Richard Burton …

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What do I do with an inherited pension?

A pension is typically the second largest asset that someone owns (after the family home).  However, they often get overlooked when people think about passing on their wealth, as they fall outside of an estate for inheritance tax (IHT) purposes.  Understanding pensions and what to do when you inherit one can be tricky too, with various options and considerations depending on the type of pension and your circumstances.  This blog…

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