Brexit

We are a UK based professional services business with no operations in other EU countries, and we have a predominantly UK based client base and no material dependencies on goods, services or people who live in other EU countries. We understand clients may have some concerns, but we do not expect any material impact from Brexit on our business or ability to provide our services to clients, although clearly, we will continue to monitor Brexit- related developments closely. 

We are a UK business, authorised and regulated by the Financial Conduct Authority and licenced by the Institute and Faculty of Actuaries for a range of investment business activities. We do not carry out regulated activities in other countries and have no dependency on authorisation in other EU countries. 

We engaged with our suppliers to understand the plans they have in place to minimise the impact of Brexit and any subsequent disruption to our supply chain and we conduct business continuity planning, including any supplier dependencies, on an ongoing basis. We have worked with third parties to identify critical service providers in key areas of the business and have obtained assurance from those providers or put in place appropriate business continuity plans, such as bulk ordering. A large proportion of our supply chain is UK based and as such we expect any disruption to our supply chain to be minimal.

We have completed a review of our standard contract terms and do not anticipate a need to initiate changes. However, we recognise a small minority of clients may require changes to existing contracts to implement their own Brexit planning and contingencies, for example EU model clauses for EU-UK data flows. If you require changes to our contract, please let us know as soon as possible. 

We have a small number of staff who may be affected by Brexit and have worked closely with them. However, we do not anticipate that Brexit will have any significant impact on our business operations or our ability to provide service continuity to clients.

In summary, we do not expect there to be any material impact on our business or ability to provide our services to clients, however we will continue to monitor developments.