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Brexit – In or Out

There is a lot of scaremongering going on at the moment and even more unanswered questions on how a Brexit will affect expatriates in Europe, of which some 800,000 currently live in Spain. Be it in relation to healthcare entitlements, pensions, employment or the basic question of whether expatriates still have the automatic right to live within the EU. I am sure over the next few months this will become clearer to all.

Is in or out the right way to go? Like everything in life, everyone has their own opinions and only time will tell if the final decision was ultimately the right one. If you want your voice heard and your opinion to matter, and have lived outside the UK for less than 15 years, then you need to register to vote at https://www.gov.uk/register-to-vote.

With all this uncertainty making the money and stock markets even more volatile, as well as the Bank of England and the ECB talking of cutting interest rates further or even making them negative, now is the time to make sure your financial affairs are in order, working for you in the best possible way and that they are in the right place for you no matter what life throws at you.

Blacktower Financial Management has been established for 30 years and has worked with clients through the good and the bad times, offering sound advice and helping clients make the best decisions for their needs. 

At Blacktower Financial Management we pride ourselves on being totally independent; we offer products that can suit all needs, be it a product that can to a certain extent smooth out volatility and offer consistent returns or a product that can mitigate inheritance liabilities. For those of you interested in wealth preservation we work with one of the oldest and most respected Swiss Banks, Lombard Odier, who specialise in helping high net worth individuals manage their wealth. We believe everyone should have a choice.

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.

Other News

Britons stash over £1bn at home as interest rates on savings dwindle

I read an interesting report this week that brought a smile to my face.  It appears that over seven million Britons stash cash away in their homes, with around £1.3 billion languishing in spots such as piggy banks, teapots and even freezers. Drawn by the convenience of having cash to hand and dismayed by dismal interest rates, British adults are squirrelling away sizeable sums at home, it has been reported. 

Only 27 per cent said they were happy with the interest rates accruing on their savings, with many adults saying their children now save more in bank accounts than they do. On average, people said they would need to be able to generate at least £120 in additional interest a year to be persuaded to move their money.

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Sweden’s best city for study

Office Desk and LaptopNordic countries have a very good reputation with international students, and Sweden is no exception. But where in the country offers the best environment for study?

The Swedish National Union of Students (SFS) has recently announced the winner of its 2017/2018 Student City of the Year award. The award goes to the city that actively works to improve the welfare of students, and this year it went to the city of Gävle.

Gävle is the capital of the Gävleborg County, located at the very lower end of Norrland. It’s the country’s 13th most populated city and is perhaps best known to the public for its unique Christmas tradition. Every year, a large straw goat, known as the Gävleblocken (or “the Gävle Goat”), is erected in the centre of the city and then, in a more unofficial tradition, tends to get destroyed by the locals.

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