Fraud Notice

If you are living in the United States but are neither a US passport holder nor a green card holder, you will need to clarify your US taxation status.

In order to do this you will need to ask yourself several important questions including whether you can utilise any tax treaties.

Looking at tax treaties can help you determine your tax residency; to do this you will need to follow what is popularly known as Tie-Breaker Rules. However, it is important to understand that each tax treaty is different so your situation will depend on a close analysis of the provisions rather than any general piece of advice.

United States-based retirement investors stand to benefit from proposed changes to the way in which information about life insurance and variable annuity products is communicated at the point of contract.

The proposals, which have been drafted by the Securities and Exchange Commission (SEC), aim to help investors be clearer about the contents and implications of financial product contracts, particularly in relation to risks, fee structures and other features of these particular insurance products.

The SEC would also like providers to make contracts available to retirement investors in multiple forms, including digital and hardcopy with supplementary information also available online.