Contact

News & Insights

Banks competing for ex-pat money

Skipton International has launched an 18-month fixed-rate bond just a few weeks after Permanent Bank International produced its 18-month deal. The Skipton deal just beats Permanent on the interest rate, plus the minimum deposit required is smaller.  The new Skipton International deal is 1.75pc on a minimum of £10,000.  Permanent International’s 18-month version is 1.69pc on a minimum £20,000.

The interest rate from Skipton International also beats the Permanent Bank International three-year rate and comes close to the Nationwide International three-year deal of 1.85pc.  It makes the current crop of one-year fixed-rate deals look less attractive. You can get 1.45pc from Nationwide International or 1.4pc from Permanent International fixed for one year; the former on a minimum investment of £50,000, the latter on £20,000. Santander also offers monthly income on its fixed-rate bonds.

These rates can easily be beaten, and coming to Blacktower for advice could save you losing a small fortune, as independent advisers we can tailor our recommendation to suit you, we would be looking to gain between 4 and 10% depending on your circumstances.  Monthly income can be received to boost your spending power and your capital can grow at the same time.

Given how confusing this can all be we are urging people to take advice before deciding what to do from a reputable regulated adviser.

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

Expats, Do You Have a Regular Savings Plan?

Piggy BankMany expats earn more abroad than they would at home, have lower tax liability and a range of investment options. However, despite these advantages, some fail to adequately account for one essential aspect of wealth management: expat regular savings.

Unfortunately, for those in this situation it can take a catastrophic event such as the loss of a job, ill-health, an accident or an unexpected liability or capital expense to make them realise there is an expat regular savings shaped void in their financial planning.

Read More

Spotlight On … Clifford Knezovich – IFA

Clifford Knezovich - International Financial AdviserHow / why did you get into your line of work in the financial services sector?

I’ve always been very service orientated, whether it was waiting tables in my teens or building and maintaining Enterprise network infrastructures in Spain and Portugal. I enjoy understanding complex, underlying concepts and I get great satisfaction when I can translate it into something my clients understand, relate to and see the benefits of. I got into financial services because I felt that it was very similar to my background in IT in that I continue to build networks, bridges and connections, however this time it’s not with equipment, it’s with people.

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information: