John Stepek

Well, more so these days on LinkedIn.

LinkedIn, of course.

And I'm John Stevick, senior reporter at Bloomberg and author of the Money Distilled newsletter.

bigger picture level because i know that you're sort of just specializing in insurance but is this making yeah are these changes that are coming up to pensions basically good for your business it does yeah you've hit the nail on the head john i mean look you

12 or 13 years in my career before that where it was always the thing that i focused on it was always in demand but just not at all um in as much demand as it is today when they changed the rules in the non-doms and they changed it to 10 years um so that you know the inheritance tax they have they have to pay inheritance tax after 10 years but they kind of also made it that if you leave the uk and you're out of the uk for 10 years you should no longer fall into inheritance tax is that correct because

In the old days, there was just no clarity on that.

It didn't matter when you moved away from the UK, you were still inheritance tax liable.

Because I was just wondering, on the flip side, is there anything here that's changed the calculus for, if you like, normal UK residents to make sure that they try and retire abroad 10 years before they die?

Yeah, absolutely.

I just think it's interesting because now, I guess now that 10 years is quite close to the seven years for the gift allowance.

So if you were thinking of retiring abroad, then there's an element of, oh, well, we may as well just do it as quick as we can so that we can get the IHT clock running on that.

But yeah, no, so that was just, it was just something I was curious about.

So I wonder if we're just going to get lots of more expat pensioners as a result of this.

I mean, I'm very kind of fond of Portugal historically.

I'm getting quite fond of Greece.

I'm just, you know, I'm kind of going to need to think about my options here.

Maybe go long haul.

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