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
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
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
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.
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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
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
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
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
As the result of last Thursday’s referendum continues to sink in, and what the Leave victory will mean for personal finances, Brexit will be a trigger for more individuals to transfer their British pensions out of the UK.
It will come as little surprise that demand for HMRC-recognised pension transfers will increase considerably as a result of the UK deciding to leave the EU.
As the result of last Thursday’s referendum continues to sink in, and what the Read More
Whatever happens on 23rd June, shrewd investors will be making the most of the post-Brexit referendum unpredictability.
Latest polls now show that Thursday’s vote will be tighter than the majority of experts had forecast several weeks ago.
Whatever happens on 23rd June, shrewd investors will be making the most of the post-Brexit referendum unpredictability.
Latest polls now show that Thursday’s vote will be tighter than the majority of experts had Read More
A Scottish MP yesterday asked the government to reverse the freeze on pensions of UK retirees living abroad.
Ian Blackford, the SNP’s pensions spokesperson and vice-chair of the all-party group, on Wednesday led a backbench debate on the subject. He said: “It is morally unjust and completely unfair for the Tories to strip pensioners of their right to equal state pension payments – it is an absolute disgrace that there are more than 550,000 older British Read More
Now is the time for investors to consider ‘Brexit-proofing’ their portfolios, as the Bank of England and British banks are preparing contingency plans should Britain leave the EU after the June referendum.
Now is the time for investors to consider ‘Brexit-proofing’ their portfolios, as the Bank of England and British banks are preparing contingency plans should Britain leave the EU after the June referendum.
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