SAY Connected

Month: February 2018

Week 6 2018 – In Review

  Stocks Endure Worst Week in Two Years Stocks suffered their worst weekly decline in two years as investors appeared to worry about rising interest rates and elevated valuations. The major benchmarks fell largely in tandem, and all entered correction territory, declining 10% from their recent highs (the S&P 500 was still up over 13% from… Read More ›

Island Tax Haven Firms Own 23,000 UK Properties

  Courtesy of BBC News I thought I would share this information with you as it is quite significant numbers and HMRC will definitely be looking at this with a fine tooth comb, potentially making new legislation or even imposing more taxation implications, let’s see.   A quarter of property in England and Wales owned… Read More ›

Are you an Accidental American ??

‘Accidental Americans’ Putting Asia’s Wealth Transfer at Risk Courtesy of International Advisor   Accidental Americans face ruin if their estates are not properly structured, a lawyer has warned.   Accidental Americans are often children who are born in the United States but do not grow up there, children who are born outside of America but… Read More ›

Getting Under the Skin of Pension Transfers – The Importance of Explaining Risk

Good Morning, I thought I would share a very interesting article from one of our providers Old Mutual and David Denton, Head of International Technical Sales.     It is vitally important to explain risk to clients who are transferring their defined benefit (DB) pensions. When clients’ benefits are within the DB world, all the… Read More ›

Week 5 – 2018 In Review

  Stocks Record First Weekly loss this Year Stocks recorded their first weekly loss of 2018, with the S&P 500 Index suffering its worst weekly drop in two years. Energy stocks led the declines due to a plunge on Friday following lower-than-expected earnings results from Chevron and ExxonMobil. Health care shares were also especially weak… Read More ›