It’s always a relief to pick up the phone with a query and know it will be sorted.
Well I have to admit I didn't expect that result when I woke this morning!
At this stage we do not yet know what this will mean for investors but the investment management teams that we partner with are very much of the same opinion which is to continue to invest for the longer term and not make any drastic changes. They had already factored in the possibility of Brexit and made tactical changes to try to hedge currency falls and protect against the likely forthcoming volatility in equity markets.
I think it is too early to make any decisions on whether changes are necessary to our investment strategies and today's FTSE volatility would confirm that. Therefore, from our perspective it's business as usual. Part of the financial planning process involves reviewing our clients' plans on a regular basis and stress testing these to ensure that an eventuality such as this is factored in to the long term view.
We will be updating our view in due course but if you have any queries, please don't hesitate to contact us.