A policy of life assurance or capital redemption that has been issued by and IOM Insurance Company is considered an Isle of Man asset. Therefore, upon the death of the last surviving policyholder, an application to the courts in the Isle of Man must be made to obtain Probate before its value can be paid…
The amount you manage to save will decide the kind of life you’ll be able to live in retirement. That’s why it’s important to keep track of every penny. Find out how to make sure you’ve got eyes on all of your retirement income. Do you have some past pensions? You’ll usually get a new…
The State Pension will change in the new tax year – the amount you can get is increasing. Our guide to the UK State Pension changes explains what you need to know. Knowing what to expect from your future State Pension, and when you can expect to get it, can be an important part of…
The major news last week was the release of US Consumer Price Inflation (CPI) data for January. The reading, which analysts thought would come in at 7.3%, hit a 40-year high and was ahead of expectations at 7.5%, year-on-year (YoY). This was 0.2% higher than expected, and the steepest 12-month rise since 1982. Core CPI…
After a tumultuous 2021, Capital.com’s chief market strategist David Jones explains what traders and investors should look out for in the year ahead in the face of inflation, the pandemic, and uncertainty over how much further the technology bull market has left to run. Inflation unsurprisingly spiked in 2021 as the global economy recovered from…
Investors are likely to be feeling discomfort at the moment. Markets are on a rollercoaster ride with the S&P and the Nasdaq posting their worst returns in the past few weeks since the beginning of the pandemic. Wall Street saw wild swings in equity prices, with indices down 4% at one stage – only to…
One area that we have been speaking to residents about more and more recently is domicile, and in particular when they have clients that fall into either of the following categories: – UK Expatriates If clients have left the UK, do they know that they could still be UK domiciled and subject to UK inheritance…