Logic Financial Consultants

Welcome to our first quarterly newsletter. Being a family run business we are constantly monitoring the way we work and the service we provide to both our existing and potential clients.    Just lately, we have seen an increase in the number of clients that have questions or concerns about recent news headlines, so we have decided to put together a newsletter that contains some information on a number of different topics, including updates on market movements, outlooks for the future, Brexit and currency rates. The aim of this update is to keep clients informed as much as possible, and to hopefully answer some of their questions along the way. Global Markets From an investment point of view, one of the biggest talking points this quarter was the dramatic fall in global indices at the start of February. This was instigated by the biggest ever one day fall in the Dow Jones Industrial Index (US), which plunged 1,175 points in one day of trading. Fears of in...

It has come to our attention in recent months that there are a number of Financial Advice companies advertising on the mainland, and in the Canaries, claiming to be fully qualified and regulated. Unfortunately, some of these companies have very limited permissions, or none at all in some cases. In the first instance, you need to ensure that the company you are dealing with is regulated. This is extremely important and provides you with a level of protection. Equally important, however, is that the individual sitting in front of you, and providing the advice, is fully qualified. To check to see if a company is regulated is fairly straightforward. On any advert or marketing material, an advice firm will always state their registration number as well information on where and who they are regulated by. Typically, the regulation will come from either the FSC in Gibraltar, the FCA in UK and either the DGS or the CNMV in Spain. Any advert without this information is likely to be fro...