INFINITE INSIGHTS

Our financial advice blog is updated weekly with expert tips and fun facts.
This week thousands of new undergraduates in the UK are starting university. Many are frightened at just how much their degree is going to cost but research shows that a university education is worth the money. Parents can ease the burden by planning ahead. The Organisation for Economic Co-operation and Development (OECD) has just released…
South Africans living abroad are understandably looking at their options in the light of proposed changes to rules regarding the taxation of retirement funds upon emigration in 2022 South African expatriates are already subject to a so-called ‘exit tax’ when they become resident abroad, but the National Treasury plans to introduce an additional tax on…
It seems there are a lot of myths flying around when it comes to money and many of these are stopping ordinary people like you get the most out of their savings and investments and even threatening their future financial security. We covered three of these in a previous post: Money myth number 1: Money…
Money myth number 1: Money is safe in the bank Banks have a reputation for being a risk-free place to park your savings but just how safe is your money in the bank? The 2008 financial crisis showed us that banks are as fallible as any other company. Northern Rock Building Society would almost certainly…
Health insurance should be high up the list of financial priorities for expats living in Asia. You and your family are unlikely to be eligible for free treatment in the country in which you are resident and will find the cost of medical treatment very high if you don’t have a comprehensive medical insurance policy.…
1st June is the United Nations Global Day of Parents, highlighting the critical role parents play in raising children. The day is dedicated to appreciating parents everywhere for their ‘selfless commitment to children and their lifelong sacrifice towards nurturing this relationship.’. We look at what that commitment looks like in financial terms. Life transitions always…
Protecting your family financially on The International Day of Families A United Nations initiative, the International Day of Families was established in 1993 with the aim of providing ‘an opportunity to promote awareness of issues relating to families and to increase the knowledge of the social, economic and demographic processes affecting families.’ One very important…

RETIREMENT PLANNING

More Retirement Advice
South Africans living abroad are understandably looking at their options in the light of proposed changes to rules regarding the taxation of retirement funds upon emigration in 2022 South African expatriates are already subject to a so-called ‘exit tax’ when they become resident abroad, but the National Treasury plans to introduce an additional tax on…
24th July is International Self-Care Day which promotes self-care as a vital foundation of health. Financial planning may not be the first thing that springs to mind when you think of self-care but we know that financial problems can take a huge toll on our mental and physical health. Getting your finances in order significantly…
If you are a British expat living overseas, and you have already paid some UK National Insurance contributions, you may be able to secure yourself a UK state pension, even if you don’t ever intend to return to the UK. Here’s how. The full UK state pension is currently £179.60 a week (2021-2022) which works…