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Blacktower Moving To Establish A Full DIFC Presence

We’re excited to announce our intention to establish a full presence in the Dubai International Financial Centre (DIFC). We are currently in the final stages of obtaining regulatory approval, and our team of financial advisors is eagerly looking forward to embarking on a new chapter in Dubai with this significant addition to our Group.

As the company chairman, John Westwood is personally thrilled about this move. “As part of our Group’s continuous growth plans, we have been closely monitoring this market for some time. We believe there is a real opportunity and immense potential for our group in Dubai.”

Our goal is to establish a strong presence in Dubai as quickly as possible, and we are diligently working towards obtaining the highest levels of regulatory approval. We are eager to kick-start operations and cater to the growing demand for our global expertise in this exciting new landscape.

Blacktower Financial Management Group currently operates across Europe, the United States, the United Kingdom, and the Caribbean. With the addition of our presence in Dubai, we are expanding our reach and strengthening our position as a global financial services provider. We are committed to providing our clients with exceptional service and expertise as we continue to grow and adapt to the ever-changing financial landscape worldwide.

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

HMRC report details French QROPS

According to HM Revenue and Customs (HMRC) there has been little change in the market for Qualifying Recognised Overseas Pension Scheme (QROPS)s in the two weeks ending August 2016.

The continued uptake of QROPS in France is likely to be a factor behind this, with the number of offshore pensions available in the world rising by four to pass the 1,250 mark for the first time – the fact that nine schemes were delisted was more than offset by the opening of 13 new schemes.

French QROPS remain one of the most popular. However, QROPS are available across 42 different jurisdictions, with Australia still the foremost QROPS centre; its 302 available schemes account for around one-quarter of the those available across the world.

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Grand Cayman wealth management benefits from technology

As a holistic provider of wealth management services in the Grand Cayman and other strategic locations across the world, Blacktower is committed to ongoing innovation in order to continually consolidate and better the level of service it provides its clients.

As such, it comes as little surprise to us that a recent piece of research by ComPeer suggests that wealth managers should digitise their operations and embrace fintech if they are to continue to attract clients.

It is truly an exciting time to be involved in wealth management. As one of the UK’s longest standing wealth management companies Blacktower has all the requisite experience of both serving clients and dealing with regulators; we believe that coupling this strong foundation with a commitment to technological modernisation puts us at the forefront of wealth management in Grand Cayman as well as the other locations from which we operate.

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