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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

Will your income be cut by the new dividend tax?

Blacktower Financial Management TaxMany ex-pats are still suffering from the cuts in income that have taken place due to the very low interest rates they continue to endure on their savings.

Well brace yourselves for more!  Any of you who rely on dividends from shareholdings to supplement your income are about to see a whole new look to the tax regime associated with them.

Dividends are annual cash payments made to holders of certain shares, they provide a vital source of income to many pensioners who rely on savings in retirement. The way dividends are to be taxed is to change from April 2016 and will see basic-rate taxpayers subject to a new levy of up to 7.5 per cent.

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A Guide to Reframing Risk in Retirement

Why Risk Needs a New Definition When You Retire During our working lives, we often learn to view risk as something to avoid. Many believe that risk simply means volatility, and therefore assume that conservative, low-return investments are safer once they stop working. However, retirement creates a very different financial landscape. You move from saving […]

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