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UK Pension News

Follow our blog for the latest UK pensions news, analysis and pension updates. All our articles are tailored to UK expats living in the USA. You can also follow us on LinkedIn for comments, tips, news and updates.

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Lifetime Allowance to Rise by CPI in April 2018

It was confirmed today by HM Treasury that the UK’s lifetime allowance will increase by the consumer prices index from April 2018. The lifetime allowance is the amount of savings you can take from all of your combined UK occupational and personal pension schemes without facing a UK tax charge (which applies irrespective of the […]

Keep State Pension Triple Lock

UK Government Agrees to Keep State Pension Triple Lock

It was announced on 26 June 2017 that as part of the agreement reached between the Conservatives and the Democratic Unionist Party (DUP) that the state pension Triple Lock will now remain in place. The two parties reached an agreement which sees Theresa May stay on as prime minister in a minority government after failing […]

uk polling station sign by Paul Albertella

UK Snap Election Called, What Could it Mean for Your UK Pension?

On 18 April 2017, Prime Minister Theresa May called a snap election to be held on 8 June 2017. The call came as a surprise, as the Prime Minister had said she would not call an early election when she became Prime Minister less than a year ago. However, May is seeking a personal mandate […]

British Expats: Immigration, Tax and Retirement Solutions Event

Florin Pensions is pleased to present the upcoming British Expats: Immigration, Tax and Retirement Solutions, a British American Business Council event in San Francisco on Wednesday March 29th. The event takes place from 6pm till 8pm, and features Florin’s co-founder and CEO Emma Cockerton, along with other experts on expat issues from the legal, banking […]

Budget 2017: QROPS Transfers Could Face 25% Tax Charge

Today Philip Hammond, the UK Chancellor, delivered a significant shock to the pension transfer market by announcing the introduction of a 25% tax charge on certain pension transfers to Qualifying Recognised Overseas Pension Schemes (QROPS). QROPS have been popular for British expatriates living and/or retiring abroad as a QROPS can enable a person to move […]

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