Global Capital. Clear Intelligence.
As you approach retirement, one of the most critical decisions you’ll face is how to manage your pension. For many, the option of transferring their pension overseas might not immediately come to mind, but it is an increasingly popular strategy among savvy investors looking to maximize their retirement savings and enjoy a more secure financial … Read more
How to create the ultimate retirement plan Creating an offshore pension plan can be a complex and sophisticated process that involves understanding the various options available and navigating the legal and regulatory requirements of the chosen offshore jurisdiction. Here are some general steps that can guide you through the process: It is important to note … Read more
Real Estate, Food Services, Health Care, and Retail Sectors Realized Biggest Employment Impacts WASHINGTON, Jan. 4, 2023 /PRNewswire/ — Economic gains attributable to private and public sector defined benefit pensions in the U.S. during the COVID-19 pandemic were substantial, according to a new report from the National Institute on Retirement Security (NIRS). Retiree spending of public and … Read more
Pensions and Privacy Many countries have laws imposing secrecy on information about retirement plans (pensions) and this is in essence why FATCA allows for the ‘limited conditional’ category. By their very nature, retirement plans are viewed and governed differently. There are sanctions on dealing with retirement plan information which only a Regulator can decide on. … Read more
Will strengthen Sun Life Financials’ position in the Hong Kong pension market TORONTO, Aug. 5, 2016 /PRNewswire/ – Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that Sun Life Hong Kong Limited (“Sun Life HK”) will acquire the pension business of FWD Life Insurance Company (Bermuda) Limited (“FWD”), consisting of Mandatory Provident Fund … Read more
Canada Pension Plan Investment Board Invests EUR480 Million in the Mandatory Exchangeable Facility of LeasePlan TORONTO, ONTARIO–(Marketwired – March 30, 2016) – Canada Pension Plan Investment Board (CPPIB) announced today that its wholly owned subsidiary, CPPIB Credit Investments Inc., has completed the funding of EUR480 million in the Mandatory Exchangeable Facility of LeasePlan. This investment … Read more
Trade risk for security offshore – Overseas Personal Pension The simple solution is to centralize your investment into a U.S. IRS fully compliant tax free trading environment. This can be accomplished by using a US – onshore regulated Trustee and using a self Directed Individual Retirement Account (IRA) Foreign Investment Account. You can easily rollover … Read more
On the subject of tax, Americans attending a recent one-day conference in London aimed at US expats seemed most concerned about how the US is likely to tax their non-US pensions, according to an expert on such tax matters, who spoke at the event. “Some of them have got certain kinds of older, defined-benefit pensions that … Read more
The tax system is generally hostile to foreign trusts. The hostility is understandable– trusts interfere with the government’s ability to impose or collect tax. As a result, the laws are slanted against foreign trusts. Income is taxed punitively. The right paperwork must be prepared “just so” and filed on time, or massive penalties can result. … Read more