Experts from across the financial sector have expressed their fears over a ‘no deal’ Brexit after the Government produced guidance in the eventuality of no agreement between the UK and EU, according to a recent article on Financial Planning Today.

The Government’s advice document on ‘Banking, insurance and other financial services if there’s no Brexit deal’ concedes that EU-based UK pensioners may struggle to get access to funds but also insisted these were hypothetical scenarios and a ‘no deal’ result was “unlikely given the mutual interests of the UK and the EU in securing a negotiated outcome.”

In this fast changing climate of political instability, uncertainty can bring fear. As trusted Independent Financial Advisors, we’ve been taking calls from clients concerned with what this all means for them and whether now is the best time to invest. Our advice is don’t be tempted to make any rash decisions.

However, it’s important to remember that when the financial landscape changes, to not respond would be a missed opportunity. We recommend you seek advice from a professional Independent Financial Adviser to review your investments and ensure that your current financial plan is still working for you now and will continue to do so in the future.

Investment values have risen well in the last 12 months but volatility has been high. With politics affecting markets, it is imperative that your portfolio and pensions are strategically invested to profit from uncertainty and protect yourself from market shocks. If you’re nervous then we can help stagger your investments to reduce any shock in the short-term but ensure that you see real competitive growth in the long-term.

At Hamnett Wealth, we always keep up-to-date with any changes to legislation and policies so we can provide the best possible advice to our clients. There is a lot of speculation at the moment about what could happen but we pride ourselves on dealing with the facts and explaining everything to our clients in plain English.