Exclusive: AAF Financial (AAF) has put its European plans on hold, shortly after announcing a launch into the region.
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...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
