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Spotlight On … Cianon Yeo – Receptionist

Blacktower already has a long and successful history in the sector, how will you and your colleagues continue to offer value to clients in the next 20 years and beyond?

There’s a real energy in head office and there are always discussions around new ideas, ventures and people joining the Blacktower family. I love being part of that. I think the most important thing for me is to be flexible in my job – if someone needs help with something urgently, I will jump in to do what I can.

Head office is all about providing support for Blacktower at an international level, so I can often find myself talking to our people in all parts of the world on a daily basis. I am learning more about each head office department every day, so that I can help where required. It’s so true that team work makes the dream work.

Tell us an interesting fact about yourself

I am the only born and bred Gibraltarian in the office, I was brought up here and have never lived anywhere else. It’s a lively yet very safe place to live – except for our roads. For anyone who hasn’t had the pleasure of visiting, it’s akin to Ho Chi Minh City – mopeds everywhere vying for position on our crowded roads. Along with the increasing number of electric scooters around now, you take your life in your hands on our roads. Nonetheless, I have just applied for my scooter licence and hope to buy one shortly, but I have been told I drive like a granny, so you have nothing to fear from me!

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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The regime is entitled (NHR) which stands for Non-Habitual Residents. Uncommon with other EU nations, a flat rate of taxation at 20% is applied to income derived in Portugal and a near total exemption for international income. For most European nationals, the NHR regime offers a simple and efficient residency programme.

The absence of wealth, inheritance and gift tax, coupled with a residency permit which allows free movement within the Schengen area, makes NHR extremely popular.

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The figures show that the proportion of employees who are contributing to a company pension has risen significantly in the five years since Auto-Enrolment (AE) began.

AE was introduced in 2012 and makes it compulsory for employers to automatically enrol all eligible employees into a pension scheme unless the employee actively opts out. An employee is eligible for AE if they are aged between 22 and the state pension age and have a salary of more than £10,000.

In 2012, prior to AE, 47 per cent of UK employees were enrolled on a company pension scheme. This figure has now risen to 73 per cent in 2017. In other words, there are over 9.5 million more people saving for their retirement than there were five years ago, and it’s mainly thanks to AE.

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