Intermediary profile with Spectrum IFA Group
Michael Lodhi, one of the three founders of Spectrum, explains the secret of its success on the continent, the importance of face-to-face advice and why the UK should remain in Europe
Michael Lodhi, one of the three founders of Spectrum, explains the secret of its success on the continent, the importance of face-to-face advice and why the UK should remain in Europe
With a dozen offices dotted around Western Europe and a flourishing profit ownership scheme under its belt, Spectrum IFA Group certainly shows no signs of slowing down as it now enters into its 12th year.
American asset manager, BNY Mellon, has decided to shut down its platform for high net worth individuals in Singapore and Hong Kong after just 16 months.
Face to face methods of banking are “dying out” as British expats make increasing use of online services for their financial needs, said Spectrum IFA’s Michael Lodhi following a report from NatWest International.
The Spectrum IFA Group is expanding its Italian operations, in response, it says, to strong demand for its services among expatriates.
A raft of new taxes affecting expatriate Britons, Canadians, Americans and others living in Italy is forcing many to seek help from advisers and tax specialists there, as they struggle to comply, advisers catering for expats in that market say.
Financial advisers in France report that a state of confusion exists in fiduciary companies and among accountants specialising in trusts, as the date for declaring an interest in trusts 15 June approaches.
The Spectrum IFA Group has opened an office in Rome to cater for the 28,000 British nationals that the Foreign & Commonwealth Office estimates live in Italy.
Man U manager Sir Alex Ferguson is preparing for another season of managing a team and a business.
During the five years that Linda McLaren used to travel to some of the riskier corners of Africa on business, on behalf of the financial service products suppliers she then worked for, she used to tell people she would meet during the course of her travels that she was there “visiting friends”.