Interesting curation of Blacktower Financial Management news

Recent Brexit negotiations have not gone down well with many expats living in Europe. And this latest move may mean that receiving financial guidance, such as pension transfer advice for expats, is more crucial than ever to ensure a smooth transition into life as an expat in a post-Brexit world.

Theresa May has reached a phase one Brexit agreement with the EU that covers citizen’s rights (as well as the divorce settlement and the UK’s EU borders), which now means talks between Britain and Brussels can progress on to trade. But instead of giving Britons living in Europe the freedom they were hoping for, the agreement has instead caused anger across several different expat communities, including a very prominent group in Spain, the country with the largest number of British expats: 296,000 in 2016, according to the Institute of National Statistics.

In true form, the ending of Theresa May’s last-minute snap election ended in a rather unexpected hung parliament, with the Conservatives planning to team up with Northern Ireland’s DUP party to form a majority government.

The election marked shock losses for the Conservatives. Out of 650 seats, the Tories finished with 318 seats – eight short of the figure needed to win – with Labour on 262, the SNP on 35 and Liberal Democrats on 12.