Will moving abroad axe your pension?

Professional Adviser
clock

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.

But while this is often seen as a good opportunity to broaden your mind, as well as adding brownie points to your CV, there are several things worth considering before packing the bags and leaving the country. Arranging new accommodation, a new job and making sure the passport hasn't expired are usually things that are topping the list. Pensions, however, which are already seen as "complicated enough", are often forgotten. This is a "scary thought" for a pension industry that is already struggling with a £27bn pension gap, but should be even more frightening for the future ret...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read
Smoothed funds set to be a 'bigger asset class for the advice market'

Smoothed funds set to be a 'bigger asset class for the advice market'

‘An attractive low-risk solution for retirees’

Isabel Baxter
clock 25 November 2024 • 3 min read
Advisers no longer see inflation as a major concern

Advisers no longer see inflation as a major concern

Funds offering a level of inflation protection were the last research, Square Mile finds

Isabel Baxter
clock 22 October 2024 • 4 min read