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Blacktower Wins Award for Marketing Excellence

After a year in which we reached a great many milestones for the Group, we are delighted to announce that Blacktower Financial Management are the winners of the International Adviser Best Practice Award for Marketing Excellence in Europe. 

Of the accreditation, Group Managing Director, Gavin Pluck said: 

‘Let us not forget that while many entered survival mode in 2020, 2021 has not been the return to normality for which we hoped. As a business and as people, we have dealt with the aftershocks of one of the most turbulent years our industry has faced and so to be recognised as Europe’s leader of Marketing in our industry is a recognition of which we are enormously proud. 

Our objective is simple – to add value to every person’s interaction with the brand and so Best Practice in this area is non-negotiable for us. During a time in which there is an overflow of alarming and contradictory advice available in an instant, our duty has been for 35 years and ever will be, to give sound, rational and regulatory watertight information. 

I would like to personally congratulate all those involved in achieving this award on such a fantastic accomplishment.’

Other News

Nowhere to Hide: Modelo 720 and Common Reporting Standards

The process of sharing information across the planet has never been easier or simpler, thanks to constant upgrades and improvements being made in the field of information technology. These advancements have led to the implementation of the Foreign Account Tax Compliance Act (FATCA) in the US, and the Common Reporting Standards (CRS) over on this side of the pond.

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Tax and Benefits Across Borders – Don’t Get Caught Out

Calculator with Euro buttonLiving as an expat in Spain, or indeed in any other country, brings particular and sometimes very complex wealth management requirements because managing personal finances across multiple jurisdictions is inherently complex and invariably requires specialist advice.

This goes some way to explain why thousands of British expats have recently been caught and penalised for either failing to pay taxes or unlawfully claiming British pension and other social security benefits while living and, in some cases, working abroad.

Cross-border taxation for expats is a notoriously confusing area of wealth management and can seem especially onerous with new data sharing and enforcement rules in place. Unfortunately, not all asset managers are as familiar with tax reporting requirements as they should be. This may seem inconceivable, but wealth management professionals in Spain, across Europe and indeed the globe have an obligation to clients to ensure that they understand and follow all the rules.

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