Blog - PX Pension Exchange

20 Mar Spring statement – Main Points

Posted at 09:53h in Blog

The Chancellor presented his first Spring statement to Parliament. Main highlights included: GDP growth is set to remain between 1.3% pa and 1.5% pa between now and 2022. UK public debt as a percentage of GDP is expected to fall over this same time from 85% to...

20 Dec The UK Autumn Budget – Key Points

Posted at 18:30h in Blog

The UK’s Autumn budget was released by the Chancellor Philip Hammond on 22nd November 2017. In a pleasant surprise, there were no major announcements which significantly impact on UK pensions. The main points of note included: - An increase in the UK personal allowance to £11,850 from 6 April...

01 Nov PSS International Removals

Posted at 16:28h in Partners

PSS International Removals is a family run business that has been offering only international removals for the past 35 years. PSS International is a fully bonded member of the British Association of Removers (BAR) Overseas Group, and a FIDI Accredited International Mover (FAIM). PSS offer...

17 Oct Prism Xpat CEO undertakes 24 Peaks Challenge for Charity

Posted at 15:57h in Charity

Prism Xpat contributes to charity each year. As part of our involvement, last weekend our CEO, Darion Pohl, climbed 24 mountains (including England's highest) for a good cause. His description was as follows: It was 4am. The alarm clock rang. I had had 2 hours sleep....

01 Aug How to work out if a UK pension transfer is in your best interests

Posted at 17:00h in Articles, Blog, Expat Pension Advice, Qrops Australia, QROPS Transfer, QROPS UK, UK Pension Transfer to Australia, UK Pension Transfer to South Africa, UK Pension Transfers

When considering UK pension schemes, there are two main types: 1. Final salary or defined benefit schemes (FS). The value of your entitlement under this type of pension scheme is based on a set formula determined by the UK pension scheme trustees. The formula is generally associated...

25 Jul What Happens to your State Pension When You Move Abroad?

Posted at 16:04h in State Pension

While it should ideally not be relied upon as your sole source of retirement income, your State Pension can provide a welcomed top up to your workplace and personal pensions. But, if you have moved abroad what happens to your State Pension and can you...

21 Jul UK state pension age increased

Posted at 10:14h in Blog

In an unexpected announcement, the UK government plans to increase the age at which people can get access to the UK state pension from 67 to 68 earlier than originally announced, bringing the date forward from 2044 to 2037-39. This is a change which has...

17 Jul Moving To Australia? How To Take Your Retirement Fund With You

Posted at 09:15h in Expat Pension Advice

If like many Brits, you are considering leaving the UK for the sandy golden beaches, clear blue skies and opportunities Australia has to offer, you may want to give some thought to your UK pension funds and what you will do with them once you...

06 Jul Maximise Your Retirement Income With A QROPS In Australia

Posted at 16:06h in Qrops Australia

Good investment choices and careful planning leading up to retirement play a significant role in ensuring you have the retirement income you need to provide financial security in later life. However, it is as equally important to make sure you are taking full advantage of...

28 Jun Retiring Down Under: Have you Thought About your Pension?

Posted at 14:09h in Qrops Australia

It is not hard to see why Australia is becoming a popular retirement destination, with its warm climate and relaxed lifestyle. If like a growing number of Brits you are thinking of relocating to Australia, you will likely have many questions about how your pension...