Archive for the Articles Category

You should act now to plan for the increased retirement age in Singapore.

AAM Retirement Planning Singapore
With proper financial planning, it is possible to retire at 55 and have enough funds to last into your 80s Prime Minister Lee Hsien Loong announced at the 2019 National Day Rally that Singapore is going to increase its retirement age to 65 in 2030. This is [...]Read more

New year, new financial you

AAM LinkedIn Post New Year New Financial You
New year, new financial you Happy new year. It is hard to believe that 2020 is here already and that the millennium was 20 years ago! There is nothing like the start of a new year, or even a new decade, for making resolutions.  If you’re one [...]Read more

Exposing the myths on UK Inheritance Tax – Part 3 of 3

AAM Exposing the myths on IHT Part 3

When it comes to saving money for retirement, many people state a preference for property over pensions. This is in spite of the fact that consecutive UK Governments have placed a greater tax burden on buy-to-let investors. Others are tempted to rely on their main home, either by downsizing or releasing equity.

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Following tax changes, is now the right time to consider selling your UK property?

AAM LinkedIn Post UK Property
UK Expats need to consider the tax implications of owning and renting UK property. The impact of recent UK tax changes is very serious for expats owning UK property that was previously their family home. So much so that selling the property may seem the only sensible [...]Read more

Exposing the myths on UK Inheritance Tax – Part 2 of 3

AAM Part 2: EXPOSING THE MYTHS ON UK INHERITANCE TAX

Prior to the 2010 election, David Cameron announced an ambition to raise the inheritance tax threshold to £1m per person. More than seven years later, strictly speaking the IHT threshold is still £325,000 per person and £650,000 for a married couple.Instead, on 6 April 2017, a significantly watered-down version of his promise was delivered in the form of the residence nil rate band (RNRB). This was made available for inherited residences (or financial wealth that represents properties once lived in), in addition to the existing IHT nil rate band (NRB) which was then and currently remains at £325,000.

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Increased tax liabilities of up to 26% for South African expats

Are you aware that from 1 March 2020, foreign earnings over ZAR1m are to be taxed at South African rates?  This applies to you, if you are classified as a ‘physically present’ or ‘ordinarily resident’ South African tax resident. As a South African expat living in Singapore, [...]Read more

Exposing the myths on UK Inheritance Tax – Part 1 of 3

Exposing the myths on inheritance tax
In this three-part series we will be exposing the myths on UK Inheritance Tax Myth 1 - My partner will inherit everything free of UK inheritance tax (IHT) … won’t they? Many people assume that if they are married or in a civil partnership, UK IHT will [...]Read more

Have you ‘lost’ your life insurance cover through super funds?

From July 1st the 'Protecting Your Super' laws came into effect. These laws are designed to ensure that Super account balances are not being unnecessarily eroded by fees and insurance premiums, particularly for accounts that have a low balance or have been inactive for a certain period. [...]Read more

Wealth Solutions Seminar : Asia, Europe, Australia – Where to Retire and Will Brexit Spoil Your Retirement Plans?

AAM WS Seminar Where to Retire

Retirement isn’t just where, it is how and when too. So, you think your biggest challenge is to decide where you will retire, think again! Having decided where and when you want to retire and what you want to do, you not only need to make sure that you can afford to but also make sure that you will be allowed to live there. Retirement means moving from money coming in to money going out, and understanding what your retirement cashflow looks like is essential. In this seminar Ian Black, AAM Head of Financial Planning and Wealth Solutions, and Dominic Volek, Managing Partner of Henley & Partners, will discuss the factors you need to consider when deciding where and when to retire, and how Cash Flow modelling can help you ensure that you can enjoy your retirement with peace of mind.

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The Final Salary Pension Dilemma

AAM Should you transfer your final salary pension

Advice on Final Salary pensions remains a hot topic in the media, especially after the scandal at British Steel where many were transferred to unsuitable, and in many cases, unregulated investments putting their pensions at risk.
As an expatriate, if you were previously a member of a UK Pension, it is vital to understand what your pensions may do for you and whether you are on track for the retirement you want.

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