Be Aware

Why it is essential you get the proper advice on your pensions and savings from our English officially registered and legally authorised IFA

1. You have cash savings in Spain. With Inflation being at nearly 10% in Spain, clients are effectively losing 10% on their savings if simply left in a bank account. You need to look at placing them in a safe but better yielding account.

2. You are still using a UK based IFA. Post-Brexit, it is now prohibited for a UK IFA to advise clients resident within Spain and for them to continue do so is now illegal. Also, UK IFA’s can only offer products with UK tax benefits that aren’t applicable within the Spanish Tax system. Only an IFA legally registered in Spain can offer products with Spanish Tax Benefits.

3. You have a UK pension. Our IFA, Chris Shaw, is one of only a handful of English IFAs that can work with UK Pension providers and bridge the advice gap between a client living in Spain & holding a UK Pension asset. They can assist with fund management and ongoing servicing such as structuring drawdown, ensuring tax efficiency within the Spanish system.

4. Qualifications/ Registration Chris is registered on the Spanish Financial Advisory register and is qualified to European Investment Practitioner Standards. Again, there are only a small number of Financial Advisers that advise Expats in Spain, that are legally formally registered here. Make sure you don't fall foul of the rules, the law and unregistered IFAs operating in Spain. Give us a call for a face-to-face meeting with Chris who will chat through your options with you. As with all the services we offer, Chris' advice is FREE at all times.

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