What the UK Budget does — key headline measures
On the spending/benefits side: the Budget reverses the “two-child benefit cap” (restoring benefits for larger families), and invests more in public services, welfare and regional funding. The government says the measures aim to balance “fair taxes, strong public services, and a stable economy,” while avoiding austerity. What this means for UK expats living in […]
Fixed Indexed Annuities: A Comprehensive Guide
By Zachary Zanghi, Senior Partner Introduction In the ever-evolving landscape of financial planning, annuities remain a popular choice for individuals seeking a stable income stream during retirement. Among the various types of annuities, fixed indexed annuities (“FIAs”) have garnered attention due to their unique features that combine elements of both fixed and variable annuities. This […]
In Search of Financial Privacy
by Andrew B. Anello CFP®, Senior Partner Although you may continue to receive unwanted emails more than 20 years after the CAN-SPAM Act of 2003, there are some classic financial privacy tools which still have relevance. Annual Privacy Notice is a document that financial institutions are required to send to clients every 12 months notifying clients […]
Why Choosing an Investment Platform with Qualified Intermediary (QI) Status Matters for US Investors
By Mike Potts, Managing Partner For US-based investors, particularly those with international investment portfolios or cross-border ties, navigating the complexities of global investments is crucial. One key consideration is whether your investment platform holds Qualified Intermediary (QI) status. This is not relevant to domestic US providers – however it is to overseas platforms. But what […]
The End of the Windfall Elimination Provision: A Boon for Expats with US Ties
The Windfall Elimination Provision (“WEP”) has long been a contentious issue for expatriates, particularly those from countries with robust social security systems, such as the United Kingdom and nations within the European Union. The recent elimination of the WEP marks a potential victory for these individuals, offering fairer treatment and enhanced financial security in retirement. […]