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Unregulated and Non Mainstream Investments?

Fiduciary Wealth Team

Have you been unfortunate enough to invest in unregulated or non mainstream funds? You are not alone! Sales of unregulated collective investments have soared in recent years as some advisers have sought to provide alternatives to conventional investment funds.

 These funds typically cover a wide range of investment areas such as overseas property, forestry, student accommodation and life settlements. The UK regulator, for one, has expressed grave concerns that these types of investment have been oversold to private investors, who are usually unaware of the risks involved.

We have first hand experience of trying to assist expats who have been adversely affected. Unfortunately in a lot of cases there is quite often little to salvage with a number of funds having gone into liquidation with little prospect of recovering any of the assets. I find it particularly difficult to have to explain to a client that his assets are pretty much worthless and that his or her financial situation needs to be completely re assessed.

Bad enough if this is your life savings but the impact can be even more devastating if this is your pension fund and your future income stream has now been severely threatened. You came to Spain to enjoy your life not to worry about the viability of your savings and retirement funds.

How can we help? The first thing we need to do is to carry out a proper assessment of the funds within your investment or pension- a financial health check focussing on the underlying assets and their value. Once we have undertaken that review we can decide how best to proceed from there. Your investments shouldn’t be causing you stress, it’s our job to find the most suitable funds that work with your own particular attitude to risk.

When it comes to choosing funds we have a robust and dynamic selection process. There are thousands of funds available to investors and before we ever offer any to our clients we satisfy ourselves that they are regulated, liquid, have a track record and are competitively priced. 

There’s an old adage that I was taught when I was a very junior financial adviser back in the UK. “Never offer a product or fund to a client that you wouldn’t recommend to a family member.” I hope this is something I have always lived up to throughout my career.

Let us start by offering you a FREE private consultation (worth £500) to assess your current financial position and explain how our investment and Spanish tax reduction strategies can help.  If you already have a clear understanding of your current situation we can offer a FREE tax planning assessment instead (worth £1,000). Just think you will be getting FREE advice on tax planning for Spanish residents as well as retirement, savings and wealth tax mitigation strategies

Interested? Speak to one of our qualified expat advisers on tel 951319727 or email enquiries@fiduciarywealth.eu. Need advice and still based in the UK? We have an FCA approved branch in central London, call for details.