Have you fallen victim to bad financial advice? Perhaps more than once? Was it from a colleague, a family member, a friend, or even a financial adviser?
Social proof is powerful. People will often credit others with the ability to give financial advice, merely based on their acquaintance with another who does have financial knowledge.
British expats returning home from a life likely spent in the sun and with lower taxes, are probably in for a jolt when they realise just how many taxes there are in the UK, and how much they add up to. So before you even start packing up the house, either read this free blog and prepare for a shock, or pay for the same shock by speaking to a qualified tax adviser. Can you ever afford to return home?
After years of work with patients in the last 12 weeks of their lives the Australian nurse, Bronnie Ware, wrote down the dying epiphanies of her patients and in doing so, has helped us realise that money doesn't matter in the end. The hugely insightful findings captured in her own blog, are a helpful reminder to us of five of the things that do matter.
Much tougher lending criteria, changes to stamp duty and high house prices may be starting to bite in the UK housing market, according to recent Bank of England data. But what do all of these changes mean for expats heading home who are looking to buy UK property?
It was back in 2001, early in my financial advice career, that I came across my first big retirement casualty. Our new client had lost so much money in the technology bubble that her £100,000 plus income in retirement had been virtually destroyed. She hadn't taken the ONE basic step every investor MUST take. Here's the story of what went wrong, and how not to find your retirement in financial ruins.
Mortgage borrowers in their 40s are starting to be refused by UK mortgage lenders that extend past the traditional retirement age. The warning from British banks comes as the strict new banking rules introduced last April begins to bite.
Sounds too easy, right? Well, the good news is that the most difficult part of saving your family and friends £264,800 in UK inheritance tax is deciding whom you want to make the cheque(s) payable to. Once you have decided who the lucky beneficiaries of your 4-minute inheritance tax plan are, you just need to write the cheque. We take a look at why most people forget to do this simple piece of planning, and find out why it's so easy.
UK expats often wonder what it's like back home. If we're living abroad in a sunny country, we like to look at the weather in the UK and see the snow and rain. We like to see the train strikes and feel good about our expat lifestyle.
But many of us will return home to the UK one day and so, what's it actually like? Luckily, we don't just have to rely on the BBC and our families back home to get an idea. The Legatum Institute has carried out exhaustive research on how prosperous people feel and published The Prosperity Index. Let's take a look at how Brits feel compared to the rest of the world.