by Cross Border | Oct 22, 2018 | FATCA, General News, QROPS / UK Pension Planning, US / UK Financial Planning
When the British Government are conjuring up ideas of how to raise extra revenue, you can bet that pensions will be somewhere in the top one of that list. Pension legislation was never simple to start with but ironically this makes it more appealing for the chancellor...
by Cross Border | Aug 1, 2018 | General News, QROPS / UK Pension Planning, UK / Australia Financial Planning, US / UK Financial Planning
Royal London has recently written to its customers to gauge interest in a bonus scheme for pension transfers out of its guaranteed annuity products. They plan to offer those clients with Guaranteed Annuity Rates an opportunity to exchange the benefit for an enhanced...
by Cross Border | Jul 27, 2018 | FATCA, General News, Investment Planning, US / UK Financial Planning
“I have just inherited some money in the UK and I would like to know what my investment options are?” “I have just sold my property in the UK and I would like to create an investment plan for the money that works both whilst I live in the US but also if I return to...
by Cross Border | Jul 27, 2018 | FATCA, General News, Investment Planning, US / UK Financial Planning
What is a PFIC? A foreign corporation will qualify as a PFIC if 75 percent or more of the foreign (i.e. non-US) corporations’ gross income were passive income. Passive income includes interest, dividends, rents and royalties. In addition, under the asset test, a...
by Cross Border | May 11, 2018 | General News, Investment Planning, QROPS / UK Pension Planning, UK / Australia Financial Planning, US / UK Financial Planning
We have recently received several enquiries from deferred members of the Nortel Networks UK Pension Plan who now live in the USA or Canada. These members have found it difficult to access appropriately regulated and authorised financial advice from a UK based adviser...
