‘Having taken the time to look at our industry landscape and ever-changing regulatory requirements, it was evident to me that Blacktower is in a perfectly poised position to thrive in a post-Brexit environment,’ states Pluck.
‘I am excited by the possibilities that lie ahead and eager to begin assisting John Westwood and the Board in taking Blacktower to its full potential of being the leading International Financial Services brand in the industry.’ he finishes.
John Westwood, Founder and Group Managing Director of Blacktower commented ‘Strategically, we are now positioning the business to move to the next level of market superiority and to support this ambition, I am very pleased to welcome Gavin Pluck’s expertise and experience,’
‘2020 was a turbulent year for many in our industry and we were no exception to those difficulties, however we are proud to confirm that The Blacktower Group of Companies arrives into 2021 in strong stead, and this facilitates our continued ambition and intent to further bolster our market positioning and reputation.
As a founding member of the GWM (Guardian Wealth Management) Group of Companies, Pluck has over 18 years industry experience. He has been largely responsible for setting up and growing a number of regulated businesses under the GWM banner across the UK, EU, Switzerland, UAE and US.
Before joining GWM and moving to Switzerland, Pluck was UK and European Sales Director at a London based Plc where he spent 12 years overseeing four offices and 60 consultants, providing staffing services to the Wealth Management and banking sector.
Pluck will be responsible for expanding Blacktower’s licensing footprint into further regulated jurisdictions and work with the existing Blacktower Board to enhancing the brand position and expanding on its already far-reaching presence.
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.
Official figures have revealed that pension funds have plummeted a further £25 million into the red. The fall in bond yields – on which pension funds rely – has increased the pressure on the pots available to support final salary scheme pay-outs. At the end of May, the pension backstop PPF (Pension Protection Fund) revealed that the roughly five and a half thousand pension schemes it monitors have a combined deficit of nearly £295 billion. This is almost £25.5 billion worse than a month earlier.
The later part of the 20th century saw its fair share of financial bubbles. There was the property bubble, stock market bubbles, and then the dot com bubble of 2000, just to name a few. In each instance, people paid exorbitant amounts for things that shouldn’t have been worth anything like the going price. But this is nothing new – look back at the Dutch in the 17th century when already pricey tulip bulbs experienced a twentyfold price explosion in just a single month.