The Association of International Life Offices has unveiled a new online, down-loadable guide to moving abroad, which it says is designed to help advisers who have clients planning to leave the UK to work or retire to advise their clients better on some of the complex issues these clients may face.
The 12-page online guide, which is called “Moving Abroad: What do I need to consider if my client is looking to move from the UK to work or retire?”, can be found on AILO’s website, at www.ailo.org, in the “Knowledge Centre” section, found on the “Guides/Expatriate Guides” page, AILO said in a statement announcing the new guide.
AILO chairman Bob Pain, pictured, said the association was providing the guide because “we know that advisers appreciate the generic information AILO provides on a range of subjects relating to the cross-border market”, and that, by putting all this information in one place, in book form, these advisers and their clients would benefit.
“In due course, we hope to address the issues affecting those returning to the UK, but like everyone else, we are waiting for the impact of Brexit to be fully understood before we can do so,” Pain, who is also chairman of Investors Trust, an AILO member company, added.
According to AILO, the UK’s Office of National Statistics estimates that around 300,000 people left the UK in 2015 , to a range of countries including Australia, France, the US, the UAE, Canada and Spain.
AILO was founded in 1987 and is considered the main trade organisation for the cross-border insurance industry. Its secretariat is located in Brussels.