Category Archives: Financial Planning

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Some worrying assumptions about wills

The experienced team at Prestige Wealth Solutions, based in Dubai, have noticed that many people, when talking to them either at work, or in their own lives, about writing or amending their will, assume many things to be true when, in fact, they are not the case. From this information, here are four examples of these assumptions, and the implications of such inaccurate beliefs.
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Why choose the Isle of Man for a QROPS

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Qualifying Recognised Overseas Pension Schemes (QROPS) are overseas pensions schemes, which are permitted for use by British expats by HM Revenue and Customs (HMRC). They enable people to transfer their pensions outside of the UK, in order to make use of better tax rates available to overseas residents, and minimize the risk of making regular transfers from the UK to the country in which you have retired.

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