UK pension rules could affect expats' savings

As part of the UK pensions simplification proposals, there are some important changes that British expatriates should be aware of, states Brendan Harper, technical services consultant at Friends Provident International. Harper explained: "The new pension regime in the UK contains rules which are considerably different from previous rules. These affect the ability for non-UK residents and their employers to make contributions to UK pension schemes." Under the old regime, according to Harper, the rules differed depending on whether the pension in question was a personal pension plan or a...