Retirement: Planning to retire overseas? We reveal the top 10 destinations

iStock_000013520493_ExtraSmallNew research has revealed the top 10 destinations for people moving abroad when they retire. If you are retiring soon and plan to move abroad you won’t be alone; over six million of us plan to move overseas when we retire. So, if your one of the millions planning to move abroad and you want to relocate to a popular destination, or you would rather avoid hoards of fellow Brits, read on. Most popular overseas retirement destinations The most popular destination for retiring Brits is unsurprisingly Spain, with France and the USA coming ...

SIPPs: SIPP providers forced to disclose interest rate take

iStock_000016457256XSmallSIPP (Self-Invested Personal Pension) investors could be forgiven for not noticing changes to the rules this month, which will force SIPP providers to disclose more clearly the interest they take from SIPP member’s bank accounts. Too many investors are unaware that some SIPP providers retain a proportion of the interest on the mandated SIPP account. We therefore welcome the new rules, which will help to make SIPPs more transparent; although they won’t stamp out the practice of SIPP providers retaining interest. So ...