Your finances in the wake of Brexit and the General Election
As you are aware, it has been confirmed that the UK voted to leave the EU, and it has been stated by Theresa May that there will be no second referendum, with ‘Article 50’ unlikely to be implemented soon.
The full implications of these decisions will only become apparent over time; in such a fluid situation it is impossible to accurately predict what the possible consequences will be as we enter a new financial era.
Consumers’ rights and protections, including any derived from EU legislation, are unaffected by the result of the referendum and will remain unchanged unless and until the Government changes the applicable legislation. The longer term impacts of the decision to leave the EU on the overall regulatory framework for the UK will depend, in part, on the relationship that the UK seeks with the EU in the future.
I am committed to helping clients adjust and prepare for the new financial environment as it unfolds, and offer advice based on information as we receive it.
My team and I are dedicated to assisting you with your concerns as they arise.
Please feel free to get in touch at any time.
Mike Oliver Dip PFS Cert CII(MP&ER)