UK News - Emigrate UK Page 22
This is the category page for all UK news here on emigrate.co.uk, where you can view all the UK emigration news.
Buy to let investments lose ground to holiday let properties
The reason behind the increase in investors looking to purchase European short-term holiday let properties may well be spurred by the need to have a foothold in an EU member state before Brexit kicks in. Whatever the initial reason, short-term lets in popular overseas holiday destinations provide attractive rental yields mostly gained...
Frozen pensions protest group appeals to UK lawmakers yet again
As British expats living in a number of countries outside the EU are getting older, more and more are finding themselves trapped in ‘pension apartheid’. The frozen pensions scandal seems to have been hitting the headlines for decades, with not one elected British government able and willing to do anything about it. Cynics might well...
EU expats in UK given hope as Britain concedes cut off date
Sources close to the EU’s Brexit negotiating team in Brussels are reporting the drastically dropping numbers of EU expats arriving in the UK have resulted in May’s stance on fewer rights for EU expats being shelved. Although no official announcement has been made by the British negotiating team over the change in policy, David Davis...
Airlines warning Brits not to book flights to Europe after March 2019
Britishers planning to travel to Europe after March 2019 can expect warnings from airlines that their flights may not be able to leave. Airlines serving routes between the UK and Europe, American or other worldwide destinations are preparing website warnings stating tickets booked for flights after March 2019 might not be honoured. Every...
FCA survey shows many pension savers don?t understand the product
According to a Financial Conduct Agency survey, 25 per cent of retirement savers who’ve accessed their defined contribution pensions have no idea how they did it. The FCA’s research was carried out with 13,000 respondents, with the intent of examining public attitudes towards the financial service sector. The survey concentrated on...
Retirement savers set to lose millions due to over cautious fund placements
Workers saving for their retirement via workplace pensions may lose millions due to pension providers automatically choosing low-risk funds. Worrying new research has shown that almost all workers enrolled in workplace pension schemes are automatically rerouted to a default lifestyle fund once they approach their retirement age. A report...
Expats warned over post Brexit problems with financial services, insurance and pensions
Expats and those planning to relocate to Europe are being warned over potential difficulties with insurances, pension payments and financial services post-Brexit. UK Chancellor Philip Hammond is warning of post-Brexit legal uncertainties over existing cross-border pensions, financial services and insurances should no agreement be reached...
Brit expats in Europe freed from threat of post Brexit frozen pensions
The announcement that all British pensioners living in the European Economic Area as well as EU retirees resident in the UK will continue to receive the annual cost of living adjustment post-Brexit is good news for the thousands of retired British expats already struggling to get by since the fall in the value of sterling. The EEA...
Golden goodbyes offered by pension trustees to retirees on DB pension schemes
Britons coming up for their final years in employment and planning to retire overseas are concerned over the best way forward for their defined benefit pensions. A recent report has confirmed the black hole in final salary workplace pension schemes provided by employers. In spite of the 2017 gap between liabilities and assets having...
Expat property investors face conundrums between currency fluctuation and capital gains
Property has always been popular with expat investors for its doubly profitable whammy of capital gains and rental incomes, but the Brexit-based devaluation of sterling has brought instability into the frame. For expat investors, Brexit so far has been a curse and a blessing dependent on the location of their properties and the currency...
