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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

Spotlight On … Anita Pembery

Anita Pembery

Anita Pembery, Administrator

How / why did you get into your line of work in the financial services sector?

I knew the owners of Blacktower before I moved to Spain and was impressed with their long-term vision for expansion – also their sense of being a family business, no matter how big or small the company.

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Petition to abolish “unfair” expat retirement transfer tax takes shape

The Houses of ParliamentAs it stands, its been nearly a year that expat retirement transfers of pensions have incurred a charge when moving to or between Qualifying Recognised Offshore Pension Schemes (QROPS), with only expats living within the European Union or a select group of 13 other countries immune to this charge.

However, British expats across the world have recently joined forces to question the fairness of the charge and to lobby parliament for its removal.

It’s easy to see why they have taken this course of action – the charge for overseas expat retirement transfers comes in at 25% of the value of the pension fund; plainly a crippling and punitive amount for people who have already worked hard and paid their taxes in order to prudently fund their retirement.

Read More

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