Retiring Abroad

For many, offshore bonds prove a suitable alternative to pensions, with their inherent flexibility and tax efficient features. Christine Hall reviews this growing market

Advisory firm Montfort International has attacked some Australian financial advisers and pension funds for using "scare tactics" to encourage pension transfers from the UK ahead of the changes to the Australian system on 1 July.

HM Revenue & Customs has confirmed it will make changes to current legislation to allow Australian schemes to continue to be included as Qualified Recognised Overseas Pension Schemes (QROPS) where appropriate.

Brendan Harper, technical services manager at Friends Provident International, examines the potential pension problems for UK nationals living overseas

cyprus

Working and living in different countries has become more and more common over the past couple of years, and thousands of Brits leave the UK each year to start a new life elsewhere overseas.

ignoring tax abroad used to work, but fiscal authorities are now waking up to this fact