ATTENTION

The following research note will be updated periodically as financial and political events dictate. Please note this material is intended for British investors and savers. It is designed to help you determine the impact – positive and negative – of Britain’s 23 June 2016 vote to leave the European Union. It is not intended – nor should it be interpreted – as political commentary or personal investment advice. While we at Southbank Investment Research believe Brexit could ultimately be a long-term positive for the UK economy, our aim is to provide analysis and insight into the short-term risks and opportunities Brexit presents.

Brexit won’t happen overnight. Now that the UK government has triggered Article 50 of the Treaty of Lisbon and signalled its intention to leave the European Union, it could take two full years before the negotiations are complete. That makes it likely you’ll be hearing about Brexit on a daily basis until at least 2019.

We believe it’s important that no matter your political views on the advisability or desirability of leaving the EU, you take a rational and considered view of what it may mean for your portfolio and your retirement, particularly if you have financial obligations to a spouse, children or grandchildren. Highly emotional reactions to intense political debates are normal. They are not, however, conducive to the best long-term decision-making for you and your family.

That’s not to say that there isn’t a place for passionate political debate. Opinions are divided about whether Brexit is good or bad for Britain. But it is beyond the scope of this report to analyse or judge those opinions. We’ll confine our research and analysis to the following areas:

  • What does Brexit really mean?
  • Who are the lead negotiators of Brexit?
  • What is the effect on the economy?
  • How will monetary policy change?
  • What are the prospects for the pound?
  • How will Brexit affect the stock, property and bond market?
  • Advice and action to take.