Expats on the move face a problem with financial planning as their lifestyle is outside the remit of most IFAs – which is where deVere Group steps in with a solution.
Financial advice is tightly supervised in many countries and advisers and providers quite properly have to run their businesses to keep within local rules.
Because expats are posted around the world, a pension or financial product that does the job in one place may not fit the rules in another.
Pension and investment tax breaks are examples.
For instance, a British retirement saver can put money into a UK pension if they live overseas, but they lose the tax top up on contributions once they become an expat.
Specialist financial advice for expats
Specialist expat financial advisers such as deVere Group can offer expats tax efficient pensions and investments that are tailored to work across borders.
Having an international network of offices with advisers based worldwide helps deVere Group maintain relationships with clients who are on the move.
These advisers will have a financial plan tailored to each expats personal goals, taking into account attitude to risk, cross border tax and family circumstances.
These are matched with exclusive and regulated financial products from leading international providers who understand the expat market, such as the Qualifying Recognised Overseas Pension Scheme, funds, bonds and life insurance.
Personal strategies that make sense
“Years of experience and the skills to develop products and services that best suit the needs of our customers have helped us rise to the top,” said deVere Group chief executive Nigel Green.
“Customers are assigned personal advisers. Every client can feel confident that they are making the best decisions they can based on the best recommendations that suit them from an independent adviser who has scoured the market to find an appropriate solution.”
Green explained deVere Group’s goal is to offer every client the chance to grow their wealth based on a personal plan that makes sense to them and takes into account their financial circumstances.
“It’s all about matching assets with personal goals and service providers,” said Green. “To do this properly, you have to know the client, which means an adviser has to understand what they need and want before recommending a solution.”
