Wealth firm targets ‘orphaned’ UK expats in EU
British people ‘shouldn’t be penalised or cut off’ from accessing investment management services
British people ‘shouldn’t be penalised or cut off’ from accessing investment management services
Residency requirements are more complicated now the UK has left the bloc
But seven applications for its temporary permissions regime ‘demeed as inadmissible’
As a similar number eye European expansion now that a deal is in place
To help Brits with the financial advice needed to retire in Europe post-Brexit
Those lacking a visa and/or residency may be in danger of breaching EU visitor rules
It is ‘imperative that overseas parties’ with UK retirement products ‘take advice’
But memorandum of understanding is yet to be signed
House of lords says ‘significant challenges remain’ for the financial services sector
Brexit allows UK to ‘discard’ some guidelines ‘which firms may consider cumbersome or unnecessary’
As it plans to significantly grow relationships with IFAs based in the EU
Work visas are now a certainty, but differing qualifications requirements may cause extra hurdles