Brexit stokes pension fears and uncertainty, say IFAs
British expats living overseas face a period of uncertainty around their retirement plans after the UK’s shocking decision to leave the European Union on Friday, according to IFA firms around the world.
Macro Views | 24 Jun 16
Opportunities, threats and a globalisation siege mentality
As the second wave of reaction breaks over markets, following a volatile first day in the post-Brexit world, a number of themes have come to the surface.
Blacktower set to pull Gibraltar HQ following Brexit vote
Gibraltar-headquartered Blacktower Financial Management Group is planning a possible move of its business to a different European country in a bid to preserve its EU ‘passporting’ status, the IFA firm’s managing director, John Westwood, has said.
‘No renegotiation’ promises EU leadership
In a joint statement on Friday, the EU leadership urged the UK to start departure processes immediately as “any delay would unnecessarily prolong uncertainty”.
Investment | 24 Jun 16
Sterling and FTSE climb back after record falls
The British pound and FTSE 100 both bounced significantly after record falls during frantic trading in the wake of the United Kingdom’s decision to exit the European Union.