How to soothe an expat headache

clock

Expat clients likely represent a disproportionate risk to your business, argues Paul Stanfield, chief executive of FEIFA

The last decade has seen the increasing migration of people leaving these shores for pastures new, whether temporarily or permanently. Last year alone, 340,000 British nationals left the UK to join the many millions already permanently based abroad. The relevance from your perspective is that you probably have, or very soon will have, one or more clients that now live abroad, or intend to do so in the near future. How can you effectively advise them, safe in the knowledge that you have all of the information that you need to ensure your usual quality of advice? A taxing problem It w...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Canada Life to sell onshore bond business to insurance firm Chesnara

Canada Life to sell onshore bond business to insurance firm Chesnara

Strategic review prompts transfer as Chesnara expands life and pension portfolio

Sahar Nazir
clock 23 December 2024 • 1 min read
Happy holidays from Professional Adviser

Happy holidays from Professional Adviser

Regular newsletters and content will resume on 2 January

Jen Frost
clock 23 December 2024 • 1 min read
The state of financial vulnerability in 2024 and what 2025 holds

The state of financial vulnerability in 2024 and what 2025 holds

'Most firms are now heading in the right direction with their vulnerability processes'

Richard Farr
clock 20 December 2024 • 3 min read