A Brexit update
Recent political events, including the prorogation of parliament, new legislation aimed at preventing a no deal and the prospect of a snap General Election have all contributed to further uncertainty about Brexit.
The Prime Minister is now required by law to request a further delay to the UK’s departure if he is unable to reach a new withdrawal agreement with the EU. The political outlook remains highly unpredictable and the terms of an EU departure are unknown.
Making sure we are prepared
Our Brexit planning continues to consider a range of scenarios, with the worst case being the UK leaving the EU without an agreed deal. This planning will ensure we are best placed to mitigate any potential disruption for our customers, clients and operations.
Keeping you informed
We will continue to follow the political situation and review our Brexit arrangements in the light of any major developments.
As the facts become clear, we will provide detailed information for any customers directly impacted by Brexit, with clear guidance on any action that is needed.
Our priority is to ensure that we provide our customers and clients with continuity of service and maintain our award-winning standards of customer care, regardless of the political situation.
Read the FCA’s guidance on preparing for Brexit here.
“The above article is intended to be a topical commentary and should not be construed as financial advice from either the author or Parmenion Capital Partners LLP. If a client wishes to obtain financial advice as to whether an investment is suitable for their needs, they should consult an authorised Financial Adviser. Past performance is not an indicator of future returns.”
Any news and/or views expressed within this document are intended as general information only and should not be viewed as a form of personal recommendation. All investment carries risk and it is important you understand this. If you are in any doubt about whether an investment is suitable for you, please contact your financial adviser.