News
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 | news 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.
Business as usual for Qrops, says STM
UK citizens will still be able to transfer their pensions to Europe via a qualifying recognised overseas pension scheme (Qrops) despite Britain voting to leave the European Union, says Alan Kentish, interim chief executive of STM Group.
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.
Brexit: the international reaction
The UK narrowly voted on Thursday (52:48) to leave the European Union, an unprecedented move with an unclear outcome. What follows will undoubtedly be at least two years of uncertainty, but how will the offshore financial centres fare?