Protecting your wealth and financial security in Spain

Threats to your retirement savings include inflation, investment risk and taxation but with specialist advice you can protect against them.

Threats to your retirement savings include inflation, investment risk and taxation but with specialist advice you can protect against them.

You have worked hard to build up savings, whether investments or pensions, to allow you to enjoy a long and comfortable retirement in the lifestyle you were planning for. You may also wish to leave your children and grandchildren an inheritance to help them build a financially secure future. 

You therefore need to protect your savings as much as possible and obtain peace of mind about your financial security. There are a few threats to your wealth that you need to plan for, including:

• Inflation – erodes the value of your capital and income over the longer-term.
• Investment risk  – increases if your portfolio is not specifically designed around your risk tolerance, circumstances and needs.
• Taxation – reduces investment returns, your wealth and family’s inheritance.
• Making the wrong pension choices – can negatively impact your income in retirement. 

There are steps you can take to protect against these threats, often in one overall financial planning exercise, but you need professional advice. This is even more essential for expatriates living in Spain, as you need to negotiate unfamiliar local rules and the interaction of the Spanish and UK tax and succession regimes.

Experience

At Blevins Franks we have over 40 years’ experience advising British expatriates on how to protect and improve their wealth, at the same time as setting up an effective estate plan for their heirs.

Breadth

Established in the UK back in 1975, we have had advisers living in Spain since 1988. Today we have 22 offices across 7 countries, including eight in Spain where we have a team of over 30 people.

In-house expertise

Behind our local advisory service lies a substantial company with over 200 staff working hard for our clients. This includes our tax, pensions and investments teams, who keep up to date with changes to taxation, estate planning, regulations, and investment and currency markets.

Holistic approach

At Blevins Franks, our focus is to look at your overall financial circumstances. So, for example, when we discuss tax-efficient investment or pension options, we also advise you on achieving your estate planning wishes for your family. 

Regulation

Regulation is important to us and we apply strict codes of conduct and due diligence across the company. We are regulated by a number of authorities including the Financial Conduct Authority (FCA) in the UK and the Direccion General de Seguros y Fondos de Pensiones (DGSFP) and the Comision Nacional del Mercado de Valores (CNMV) in Spain.

Our investment and pensions advisers are highly qualified to the standards set by the FCA, and follow mandatory training (‘Continuous Professional Development’) practices to ensure their advice is always up to date.

Our local advisers take time to get to know their clients and their wishes for their future and family and heirs, and we use psychometric analysis to establish their investment risk profile objectively. Our wealth management recommendations are then based around each client’s specific circumstances and requirements.

Contact your local office to find out more about the way we advise clients in Spain and how we can help you protect your wealth for yourself and your family. 

Arrange a consultation with a local adviser