DUBAI — Extensive research conducted by UAE-based independent financial advisory Hoxton Capital Management has revealed that around 85 per cent of expatriates based in the Middle East are not saving for their retirement. In addition, Hoxton Capital Management’s research suggests that almost half (47 percent) of expats feel they can’t...
Extensive research conducted by UAE-based independent financial advisory, Hoxton Capital Management - has revealed that around 85 per cent of expatriates based in the Middle East are not saving for their retirement. In addition, Hoxton Capital Management’s research suggests that almost half (47 per cent) of expats feel they can’t...
At the end of January Hoxton Capital hosted our first seminar of the year. The seminar was at The Club in Abu Dhabi.
April 2019 marks the 20th anniversary of the Individual Savings Account – better known as the ISA. Since its introduction, £8.74 trillion has been put into ISAs, and an estimated £30 billion has been saved in income tax alone, according to UK investment firm Hargreaves Lansdown.
Research conducted by UAE-based financial advisory, Hoxton Capital Management, has revealed that around 85% of expatriates based in the Middle East are not saving for their retirement, and many leave for home less wealthy than when they arrived.
Background The lifetime allowance taxwas introduced in 2006 at a level of£1.5 million. It then increased each year to 2010,when it reached a level of£1.8 million. Since 2010, there have been a number of pension reforms which have led to the lifetime allowance being reduced.Its current level in the...