AAF puts Europe plans on hold shortly after launch

AAF Financial Planning Europe was intended to help British expatriates with "tax-led, cross-border financial planning", according to a press release announcing its launch, sent by the firm in June. However, PA now understands that the business has pushed pause before getting off the ground. Leadership at AAF blamed Brexit and wider concerns on the economy for the early stop. "The European business was intended as a soft launch and given the economic climate and ongoing uncertainty over Brexit, we are focusing our efforts on the UK business currently, which continues to go from strengt...