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Cyprus bailout: ‘Trust in our banks has evaporated. It can only get worse’

Angelique Chrisafis in Nicosia guardian.co.uk, Monday 18 March 2013 20.30 GMT Behind the banners reading “Hang the banksters, hands off our savings”, “Who is next Spain or Italy?” or simply “Fuck Europe”, Andreas Constantinou stood outside the Cyprus parliament, with … Continue reading

Posted in CB in the News & Press, News |

Cyprus ‘tense’ as unpopular bailout plan is rejected

FROM INTERNATIONAL ADVISOR MAR 19 2013 BY: HELEN BURGGRAF Cyprus was reported to be tense Tuesday evening, as a day of angry demonstrations ended with news that lawmakers had rejected a controversial “bailout” plan. At 9:30pm Cyprus time, media there … Continue reading

Posted in CB in the News & Press, News |

Offshore bond changes

Expatriates who invest in offshore portfolio bonds (OPB) may have to carefully consider their financial planning following changes to OPB tax by the UK government. The UK government has now closed up a loophole that allowed offshore bond-wielding expats to … Continue reading

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Expats have nothing to fear over QROPS changes

Expats need not worry about the crack down on rogue QROPS providers, as this is unlikely to affect legitimate offshore savers. HM Revenue & Customs may have strengthened rules for providers but pension investors will see minimal change. Most changes … Continue reading

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Guernsey and Jersey highlighted as top OFCs

The Global Financial Centres Index published by think-tank Z/Yen Group has again ranked Guernsey and Jersey as the top offshore financial centres in the world . The index, which is published twice a year, ranks countries based on numerous financial … Continue reading

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HMRC struggling to restrict QROPS

As HMRC attempt to restrict QROPS jurisdictions from supplying the pension transfer to expatriates, it appears that their plans may have been scuppered before they’ve actually been introduced. The new QROPS rules, to be brought into effect come April, stop … Continue reading

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Expats enjoy comfortable financial lives

Around 72 percent of expats have not seen their quality of life deteriorate in the last five years despite global financial problems. According to the annual Quality of Life Index, 83 percent of expats regard themselves as “comfortably off” or … Continue reading

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At least fifty percent of Britons want to retire abroad

Around 50 percent of Britons are considering a foreign retirement in order to have a better standard of living after they have finished working, according to new figures revealed by the pensions industry. A survey by the National Association of … Continue reading

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SIPPs not right for expats

Expats with SIPP pension plans could be putting their retirement funds in the wrong type of scheme, as SiPPs have been found to be less cost–effective than other options such as the QROPS.  Offshore workers who want to keep their … Continue reading

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QNUPS drives wealth up the high road

Classic cars can help canny investors scale the road to riches, new index tracking prices have revealed Some investors may turn their nose up at vehicles as an investment option, pointing to cars as being no more than a garish … Continue reading

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