“Brexit fails to stop Brits flocking to the EU”

Oct 31, 2022 | Financial Services

My own anecdotal evidence confirms this. Just as many clients, not many but a steady trickle, are moving/planning to move or buying boltholes in warmer climes. France, Spain and Portugal are still favourites and all are going in, I think, with eyes open, assuming Brexit will make things more complicated. I’m not actually sure that it wasn’t pretty complicated before; many, however, ignored potential complications, on the assumption that we were all EU buddies. Things have changed most for those already there, as tax and other rules to which not much attention was previously paid, are now being enforced with glee, it seems. Most other countries, for instance, don’t recognise the tax-free status of ISAs, and some have had sudden reminders that they should have been paying their Spanish and other dues for some years now. Sunshine comes with a price; although your ISA money is still good in Cornwall.

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“Advisers fearful of further compliance and regulation”

“Advisers fearful of further compliance and regulation”

We know, of course we know, that regulation is, or at least should be a ‘good thing’. If those who need or should seek advice can be confident that they’ll be told the right thing, that someone has looked at those ’too good to be true’ investments before they’re allowed to take your money; or, in the case of a Woodford, while they’re raking it in to make sure it’s going where it’s supposed to.

“Is the AI hype machine losing steam?”

“Is the AI hype machine losing steam?”

Many of the reviving rises in stock markets, particular in the US in the last year or so have been driven by AI. Not those buy-and-sell computerised algorithms we’ve heard so much about for years now; but the share prices of the big tech companies ‘at the heart of the AI revolution’.