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Need a bigger pond? We’re looking for a Senior Compliance Officer

We are looking for an individual to join our Compliance Department. The candidate must have at least 5 years’ experience within the Financial Services sector. They must also have at least three years’ experience in a Compliance Role.

The successful candidate should be able to demonstrate good interpersonal skills, have an excellent eye for detail and be an effective communicator. This person must also be a team player. Travel will be required throughout the EU.

We are committed to the personal development of our employees. Salary will be dependent on experience.

Please send your CV for the attention of

Robert Mancera, Director/General Manager 

Email: robert.mancera@blacktowerfm.com

Post: Suites 34 & 43 Victoria House, 26 Main Street, 

PO Box 1354, Gibraltar.

Closing date for the vacancy will be 1st of September 2015.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

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Reclaiming the QROPS Transfer Charge – Clarification of Regulations

HM Revenue & Customs has introduced new regulations to make it easier to reclaim the QROPS overseas pension transfer charge. The rules came into effect on April 25, 2019 following a decision by the House of Commons on April 3, 2019.

The Pension Schemes (Information Requirements – Repayment of Overseas Transfer Charge) Regulations 2019* outline the necessary procedures for recovering the charge in cases where it has been incorrectly levied or a change in the member’s situation means that the charge is no longer applicable and a retroactive exemption can be applied.

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Regular savings or not, your pension planning matters

As the baby boomers hit pensionable age, the issue of pensions has become more important politically than ever before. This is a fact which has been reflected in the raft of changes that have been made by both the current and the previous government over the past few years. Baby boomers could be forgiven for feeling a little confused by it all and even retired expats with considerable regular savings are no different; pensions and pensions rules affect all.

Whoever you are, wherever you have settled in Europe and whatever the nature of your pension scheme – final salary or defined contribution – it is essential that you get advice regarding both your expat regular savings and your pension scheme; it can mean the difference between uncertainty and security.

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