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Spotlight On … Karen Ogilvie – Head of Compliance

What is your special interest or particular field of expertise in the financial services sector right now?

Compliance and Risk is my main focus, keeping at the forefront of industry developments and legislation.

What is the most important aspect of your work, in relation to clients, or the part of your day-to-day role which gives you the most satisfaction?

Maintaining high professional standards and best practices, ensuring we keep the best interests of the client at the heart of what we do.

What’s special about working at Blacktower?

The amazing team and what the Blacktower brand represents.   There is a shared ethos of integrity, professionalism and passion for what we do.

Right now, what is your one piece of invaluable information for expats or anyone seeking retirement planning and wealth management advice?

It’s never too early or too late to seek advice.  Research any firms prior to dealing with them to look at their regulatory status and reputation.

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?

Keeping our finger on the pulse and being at the forefront of industry development, best practices and innovative solutions.

Tell us an interesting fact about yourself.

I love rock n roll.  I was a drummer in a heavy metal band and hosted the late night rock show for a local radio station.

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

New Governor Brings Confidence to Financial Management Industry

Cayman Island FlagThe Cayman Islands has a new governor following the announcement that Martyn Roper OBE, a career diplomat and corporate leadership veteran, has been appointed to the role. He takes over from Anwar Choudhury, who had recently faced a number of complaints regarding his conduct.

The move is largely thought to be positive step for financial management services in the Cayman Islands, as Roper has said he will make it a priority of his role to “listen and learn” from those around him.

Mr. Roper brings a wealth of experience to the job. He was most recently minister and deputy head of mission for the U.K. in Beijing, China, but has worked in other notable capacities, including as the UK Ambassador to Algeria, Deputy Head of Mission in Brasilia and, of particular interest to the financial management industry in the Cayman Islands, as First Secretary for Economics and Development with the Organisation for Economic Cooperation and Development (OECD) in Paris.

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Seasonal workers could be exempt from auto-enrolment pensions

Making sure you have enough money for retirement is a crucial part of your financial planning process. But some workers may struggle to save more than others.

The government is looking to make reforms to automatic-enrolment (AE), possibly putting employees who work seasonally or part-time at a disadvantage when it comes to saving up for their pension.

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