Some Brexit thoughts

A client contacted me yesterday asking for my view on the impact of Brexit on portfolio valuations. In particular, he wondered whether a “no deal” outcome would mean a devaluation for Sterling and therefore whether USD denominated investments may be wiser.

Given that he is unlikely to be the only person thinking the same, I decided to share my response here. Continue reading “Some Brexit thoughts”

Expat life insurance options in Poland

As an expat, there are a number of reasons why you may be looking for life insurance.

It could be that your previous policy has come to the end of it’s term. Or it may be that you have found out that your old policy does not cover you now that you are living overseas. You may have had a “life event”, e.g. marriage or birth of a child. Or you may be looking to use it as a way to mitigate an inheritance tax liability.

Whatever the reason, you need to know the options open to you. Continue reading “Expat life insurance options in Poland”

Polish state pension – How does it work?

Most expats I speak to expect little, if anything, from the Polish state pension system.

However, if you are employed in Poland, then both you and your employer will contribute a sizable percentage of your salary to it each month.

Therefore, it makes sense to at least understand the basics of how the system works. Continue reading “Polish state pension – How does it work?”

Should you access your pension tax free cash?

Today’s question is ‘should you access the tax free part of your pension fund?’

A few caveats to begin with.

Firstly, tax free cash (TFC) can also be known as a pension commencement lump sum (PCLS). I generally prefer the second term as the payment may not actually be tax free. Continue reading “Should you access your pension tax free cash?”

Do your investments suffer from home country bias?

“I like what I know and I know what I like”

This in essence is home country bias, a phenomenon that can be seriously detrimental to investment performance.

A more precise definition of home country bias is that it occurs when investors concentrate their portfolios in shares and bonds from their home country at the expense of global diversification. Continue reading “Do your investments suffer from home country bias?”