Brexit

May 17, 2019
Britain’s wealthy consider moving assets overseas due to Brexit and Corbyn fears premium
Wealthy Brits and rich international investors are more fearful of a Corbyn government than they are of Brexit, with a growing number of them contemplating moving their wealth overseas. Indeed, since the start of 2019 an increasing number of deVere clients have been telling our advisers that they fear the harmful effects of a Jeremy Corbyn-led government more so than Brexit, in regard to their wealth. As deVere’s international investment strategist, Tom Read More
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Nigel Green
March 19, 2019
Brexit has caused significant damage to UK financial services, irrespective of what happens now premium
Regardless of what happens now, Brexit has exacted unprecedented damage on Britain’s financial services industry. Regardless of what happens now, Brexit has exacted unprecedented damage on Britain’s financial services industry. Read More
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Nigel Green
March 13, 2019
Another Brexit vote is now the only way to move forward premium
Another day closer to Brexit, yet another rejection for the Prime Minister. After Theresa May’s deal was again rejected in the Commons on Tuesday evening by 149 votes, Brexit must now be put back to the people, as well as the 700,000 British expats who were denied the vote back in 2016. Another day closer to Brexit, yet another rejection for the Prime Minister. After Theresa May’s deal was again rejected in the Commons on Tuesday evening by 149 votes, Brexit must now be Read More
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Nigel Green
January 15, 2019
Should PM’s Brexit bill be passed, UK financial assets and sterling will rally premium
Today’s the day. A crucial day for Brexit. The day of reckoning in Westminster as MPs are getting ready to vote later on whether to accept or reject the Prime Minister’s Brexit deal. However, as I was quoted by The Express and Yahoo Finance, amongst other media this morning, should Theresa May’s deal be passed today, UK financial assets and the pound will rally. Today’s the day. A crucial day for Brexit. The day of reckoning in Westminster as MPs are Read More
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Nigel Green
November 13, 2018
Brexit concerns spook Sterling-based investors and UK expats premium
It’s imperative that Sterling-based investors and UK expatriates take precautions against a volatile pound as it weakens on Brexit worries. On Monday Sterling fell by close to 1 per cent against the dollar to $1.286 and 0.2 per cent against the euro to €1.142. The drop follows mounting uncertainty as to whether the PM can gain parliamentary support for a Brexit deal ahead of the planned summit later this month in Brussels. It’s imperative that Sterling-based investors and Read More
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Nigel Green
January 19, 2017
Hard Brexit and stronger than expected UK inflation: It’s time to ‘go more global’ premium
The Prime Minister’s big Brexit speech and strong UK inflation data should urge investors to reduce UK asset exposure and take a more international approach to investing. Theresa May confirmed that Britain would be leaving the single market and customs union, in her most important speech since becoming PM. Despite this being widely forecast by the markets  it is probable that Mrs May’s confirmation of a hard Brexit will generate several years of ongoing Read More
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Nigel Green
January 17, 2017
Savers, investors and expats: get ready for a hard Brexit premium
In the aftermath of Theresa May’s landmark Brexit speech at Lancaster House in London today, it’s crucial that pension savers, investors and expats shore-up financial planning strategies and portfolios ahead of the so-called hard Brexit. In the aftermath of Theresa May’s landmark Brexit speech at Lancaster House in London today, it’s crucial that pension savers, investors and expats shore-up financial planning strategies and portfolios ahead of the so-called hard Read More
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Nigel Green
November 2, 2016
Pound’s turbulence could drive pension pots worth hundreds of millions into QROPS premium
There has been a significant surge in the number of people considering moving their British pensions out of the UK, triggered by the Brexit-battered pound. There has been a significant surge in the number of people considering moving their British pensions out of the UK, triggered by the Brexit-battered pound. Read More
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Nigel Green
October 5, 2016
Upcoming Brexit talks will trigger investors to dump UK-based assets premium
The Prime Minister on Sunday announced that she would trigger Article 50, which kicks off the Brexit process, no later than March 2017. With this in mind, we can expect uncertainty in the UK in the run-up to Britain’s formal departure from the European Union. The Prime Minister on Sunday announced that she would trigger Article 50, which kicks off the Brexit process, no later than March 2017. With this in mind, we can expect uncertainty in the UK in the Read More
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Nigel Green
August 4, 2016
HNW investors to lessen UK exposure following Brexit premium
A global survey undertaken by deVere in July reveals 69 per cent of HNW individuals are looking to ‘rebalance and diversify’ their investment portfolios to reduce their exposure to UK-based assets following the Brexit decision. We asked 770 of our clients from countries including the UK, the U.S., Australia, the United Arab Emirates, Qatar, Hong Kong, South Africa and Switzerland, with investable assets of £1m or more (or equivalent): “Do you intend to decrease your Read More
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Nigel Green
July 15, 2016
Globalisation Is Still Out There premium
The Brexit result won’t stop globalisation. There have been a multitude of factors that have caused this unstoppable force that was unavoidably, relentlessly making the world a flat landscape with no barriers, to retreat. Trade growth has never recovered to the levels seen in the years and months running up to the 2008 financial crisis. The Brexit result won’t stop globalisation. There have been a multitude of factors that have caused this unstoppable force that was Read More
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Nigel Green
July 11, 2016
Risks to UK pensions go through the roof post-Brexit premium
UK pensions are looking ahead to an unparalleled level of risk following Britain’s decision to leave the EU. There are several factors that together could have a severely negative impact on retirement savings. Since the historic 23rd June referendum, individuals with UK pensions must realise that their savings are now in the eye of the perfect storm. There are four crucial factors that could deal a crushing blow to people’s retirement ambitions. First, since the Brexit Read More
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Nigel Green