Logic Financial Consultants are fully regulated financial advisers covering the Costa Blanca, Murcia, Balearic and Canary Islands.
Our tailored advice is given in accordance with UK best practices and we promote full transparency of fees.
This website has been specifically designed to reflect the way we operate and hopefully gives you an opportunity to get to know us as well as the value we put on individuality.
We feel extremely proud to have been recognised for the hard work put in to provide our clients with the best service possible, winning a major European award, “Excellence in Client Service” for Europe at the International Adviser Best Practice Awards 2020, hosted in association with Quilter International.
A holistic approach to financial planning should be taken to encompass all aspects of a client’s current and future needs.Learn More
Whether you are looking to invest over the short, medium, or long term with a lump sum or regular savings we can find the right product for you.Learn More
The pension industry is constantly evolving and everyone should review their options. We can carry out a full review of your existing arrangements.Learn More
One of the biggest areas of concern for clients is how overseas assets are declared and taxed, both on an ongoing basis and on disposal.Learn More
A few of our most frequently asked questions
Potentially both, but the level will be dependent upon on a number of factors, including amount of
time living in Spain, where the assets are sited and where you consider your centre of influence to
The UK and Spain have very different tax systems in relation to death. One fundamental difference is that under UK law any tax is liable on the Estate, but in Spain the liability falls on the beneficiary.
There are also other factors to consider, such as the UK´s Nil Rate Band. This allows individuals to pass on £325,000 (£650,000 for a couple) without any liability to IHT.
With careful planning it is possible to reduce and/or minimise the liability in any country to zero.
Similar to UK, there is some level of protection for investors should a bank collapse. In the UK, the
level of protection is currently £85,000, whilst in Spain it is limited to 100,000€. These limits are per
banking institution, so take care to make sure banks are not linked.
An example of this would be Halifax and the Bank of Scotland; accounts are only covered up to £85,000 combined. Also, it isn’t necessarily just the bank on its own, it is dependent on the conglomerate that owns the bank.
There are other considerations that you might want to think about too. These could include the following:-
- If monies are held within a Spanish Bank then they will be taxed in Spain on your demise.
- With interest rates being so low, both now and for the foreseeable future, the value of your money is likely to be eroded due the impact of inflation.
Hopefully the rest of our website will explain what we offer and how we are different to most (if not
all) advice firms, but here’s a recap:-
1) We are fully regulated and have 2 qualified advisers, by examination with the Chartered Insurance Institute (CII).
2) We follow the UK’s FCA rules and guidelines, in that everything we do is transparent. This means all remuneration has to be legally disclosed and will be expressed as both a percentage and monetary amount. Unfortunately, many other advice firms will not disclose hidden commission and this can have an enormous detrimental effect on your investment. In many comparisons, we can reduce costs by nearly 80%!
3) We are a family business which our clients feel makes all the difference. Each and every one of our client relationships is special, valued and important to us.
Our desire has always been to create a business for the future generations of both our clients and our family. You will never feel like just another client or a number.
We like to think we are big enough to take care of you but small enough to know your name.
We have access to over 10,000 different investments. These vary greatly and by sitting down with clients to understand their objectives, we can provide suitable recommendations for each individual. There are products that allow investments in stock markets, and more cautious products that can provide capital guarantees or guaranteed levels of income. Additionally, your income could also increase by just using a more favourable tax vehicle.
“ I contacted Ian Whitby of Logic at a time in my financial life when I most needed secure professional
help. What I did not expect though was the friendliness, monthly home visits, attention to detail,
pure professional advice and their knowledge of world markets with which Logic have placed my
investment in what I feel is the very best available.
I have been helped by other financial advisors in the past... and they were very good but I have to say that Logic are the very best.
My wife and I consider ourselves very lucky to have met Ian, George and Joe, the quality of their service to clients goes way beyond anything that anyone would expect. ”
“ Having decided to retire early, I spoke with my accountant about my current financial situation. As this was not his field of expertise, he suggested that I contact Logical Financial Consultants. I made an initial phone call to Ian Whitby, explained what I was attempting to do. He was very helpful and gave me some initial advice, followed up by and email with information regarding his company etc. This was further followed up by a call with Ian checking I had received all the information they had sent. During the initial call and the subsequent calls all advice given was without obligation and I felt under no pressure, which was unusual but refreshing. My initial impressions were very positive and I liked the idea of a family run business... ”Regards - L.J.B
“ We moved to Lanzarote at the beginning of 2017 and soon realised that there were a number of issues that we would have to address from the point of view of our long term finances. It also became obvious that this was a job for the professionals and we count ourselves very fortunate to have picked the phone up to Logic. We were immediately struck by their depth of knowledge of how things work both in the UK and in Spain. We were able to meet Ian Whitby (and latterly George) face to face and we have been very impressed with their professional and friendly outlook... ”Regards - M.H.J & A.M.J
“ My wife and I have known and been advised by Ian for the past several years. Apart from a professional and attentive service his advice has always been founded on solid market information backed with easily understood details given during regular investor meetings. A feature of his service has been dependability, you get what is promised and given the vagaries of recent markets, dependability and solid performance is refreshing. We have pleasure in recommending Ian and LOGIC to any current or prospective investor. ”Regards - M.B.E & A.E
“ Having spent nearly 20 years in the Financial Industry as a Planner/Advisor now thankfully retired. It is great to have found somebody I can trust implicitly. There is a saying in the industry that you don't buy the product but the person. Ian has been fantastic over the 2 1/2 years we have known him. He has tailored our investments to our exact needs with no pressure, which is refreshing. ”M.W. & R.W
“ We have dealt with Ian as our financial advisor for several years now, and right from the start, Ian managed to match our requirements to financial products that gave us both income and growth - whilst at the same time-reducing our tax liability to next to nothing. Ian is pleasant to deal with, he's straightforward, and follows up things that need doing. We have no reservations in recommending Ian to potential new clients, and indeed we have recommended Ian to several of our friends. ”C.H & G.H