AMVEST

  • Alexander Beard France are pleased to announce the launch of €uvest

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    Following the success of their USA facing SIPP – AMVE$T - for US based Brits with pensions left behind in the UK with no cross border transfer options other than QROPS. A similar scenario now exists in France with most UK pension providers refusing to transfer funds to French PERPS because they believe that they do not meet the QROPS rules. In resp...
  • This summer’s market trends insight - from Investec

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    Sterling fell sharply immediately after the UK’s 23 June vote to leave the EU. GBPUSD slumped from $1.49 the day of the Brexit vote to $1.32 the following Monday. We think that the decline reflects two factors. First, heightened uncertainty about the UK’s future economic relationship with the EU has raised the risk premium associated with UK assets...
  • Brits resident in the USA – QROPS pensions

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    You may or may not have heard of a QROPS but if you have a UK personal pension, as many ex-pat Brits do, this article may be of some interest to you. There is much uncertainty surrounding this subject for individuals that are now considered as US tax resident/citizens. Although this short article is by no means comprehensive, it will aim to make cl...
  • GBP/USD Update

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    Despite sterling strengthening over the first half of 2015, the Pound has fallen over the last year and a half - GBP:USD stood at $1.72 in July 2014, compared to $1.39 today. What have been the main drivers?  On the UK side - a Scottish referendum that was too close for comfort, a UK General Election that caused uncertainty in the build-up, the slo...
  • Should I leave my investments, assets and pensions in the UK, or liquidise and move them to the US?

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    If you are moving to the US from the UK then, at some point, you will come across the question of what to do with your financial assets. Assuming you have worked and lived in the UK for some time then it is likely that you will have accrued savings and other assets. You might have contributed to a private or workplace pension, for example, saved so...
  • Have you stranded your pension in Malta?

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    Due to the historic inability to move a pension from the UK directly to the US, many UK expats, who are now US residents, moved their pensions to Malta. Malta has a favourable tax treaty with the US and allows pension access from that country, so a move to Malta may have made sense in the past. Now, however, with the advent of FATCA and the knock-o...
  • Video: Struggling to move your pension to the USA? We have the answer!

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    Moving a UK pension to the United States can be difficult. As well as all of the usual UK rules around pension movements, the US rules are equally complex, meaning many people can get into difficulties. Alexander Beard Group have the answer though! It’s called AMVEST and it’s so simple, we can explain how it can benefit you in just a few minutes of...
  • Changes to AMVEST Adviser charging

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    There have been some considerable changes to pension legislation in 2015 that the financial services industry is still trying to adapt to. An increase in flexibility is a positive change however historic administrative systems that have been used for years by pension providers have struggled to cope with the speed and severity of change. As an advi...
  • British Expats in USA and the 2015 Pension Changes

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    In April 2015, new legislation will come into force that will affect a large percentage of people who have a UK Pension. These new rules will provide greater flexibility and freedom than was previously afforded to pension holders and will apply to many British expatriates and Americans who have built up pension rights in the UK. With more and more...
  • What to do with your UK pensions when you move to the US

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    The question of what to do with your UK pension when you move to the US can be a very difficult one. Pension transfer arrangements can be complicated or lead to large tax penalties and the US has always blocked direct moves of your fund into the territory. If you’ve already begun researching your pension options then, like many people before you, y...