Contact

News & Insights

Blacktower’s Nexus Fund Reaches £100m Milestone

This milestone has been reached by working closely with Nexus to deliver a portfolio to its clients that is truly and globally diversified, with strong and robust risk management,’ stated Miller.

‘It is with considerable pride that we can report that the value of Nexus Global Solutions Portfolio has now reached £100 million.’

John Westwood, Founder of Blacktower Group and Group Managing Director commented: 

‘While we celebrate the emphatic success of such an achievement, we are acutely aware that the hard work does not stop here. There is great appetite for adviser-driven, expertly managed DFM fund solutions internationally, and we are dedicated to servicing this demand with an innovative approach to wealth preservation and capital growth.’

Blacktower Group’s Nexus Global is presently the only IFA network to have gained Network Membership status with The Federation of European Independent Financial Advisers (FEIFA), and was established in 2010 to provide a global financial advice network for independent operators.

 

 

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

Defined benefit schemes – a ‘ticking time bomb’?

Following the news that no new buyer was interested in BHS and its £571 million pension deficit, a number of our clients with a working history in BHS got in touch with us to find out their position and options with regards to their future pensions. Unfortunately, it was too late as the window had closed. The BHS scheme got into the Pension Protection Fund, a statutory fund in the U.K., intended to protect pensioners if their pension fund becomes insolvent. What this means is that they are now locked in without any possibility of looking at alternatives and transferring out. For deferred members, this means a potential reduction in pension income as the PPF only compensates 90% of the income up to a certain cap.

Read More

SIPPs Suitability a Key Question for Expats in Spain

QuestionsA SIPP transfer may offer many benefits, including greater investment flexibility and exemption from capital gains and income tax; however, a SIPP is not suitable for every retirement investor and independent expat financial planning advice should always be sought before committing to a SIPP pension transfer.

Unfortunately, there are some Spain wealth management clients who can testify to the consequences of not seeking suitable independent SIPPs advice; the firm Pension Claim Consulting recently announced that it had taken on 141 claims from expats who believe they have been mis-sold a SIPP pension in the last year.

“We are handling more claims from worried expats than ever before,” commented a spokesperson with the firm*.

Read More

Select your country

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