How Brexit could affect your finances

30 Jun 2016 | Comment

One week on, and the consequences from the UK’s decision to leave the European Union continue to develop.

There is much uncertainty: over our future relationship with the EU, over the economic consequences of withdrawal, over the domestic political consequences (including new challenges to the Union), over the implications for the EU itself, and, of course, over the outlook for financial markets.

Our latest guide looks through this period of uncertainty and focuses on the longer-term opportunities for your finances; from the effect to Sterling, the cost of your next Mortgage payment, the importance for maintaining a long-term perspective on your Investments and the Pension changes in a post-Brexit climate.

It is important to keep this event in context – this is far from the global financial crisis of 2008. This is a time for investors to concentrate on long-term fundamentals and to remain focused on meeting their investment goals; the true impact of this vote won’t be measured in five days or five weeks, but in five years and even five decades.

If you want to discuss your particular situation post-Brexit to ensure that your objectives remain on track, please contact us on 029 2066 0565.

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