Buying a house anywhere is a complicated and demanding process; choosing a location, property type and style are just some of the many things that need to be considered when purchasing a house or flat. This difficulty can be exacerbated when buying a property abroad – the combination of restricted access to the location and […]
How / why did you get into your line of work in the financial services sector? I saw the impact of what not having life insurance does to a family. It made sense to me to become a financial adviser as this occupation had come up a few times at career meetings. I always wanted […]
Whilst moving house or changing job it can be easy to forget about your pension – there are usually more pressing things to worry about. Settling into your new role or new home takes priority over informing your pension provider of your change in address or finding the documentation required to keep your pension plan […]
Choosing a financial advisor can be a somewhat overwhelming and intimidating process. The vast selection of companies, services and advisors available can result in anxiety over choosing with whom to trust your finances. Making the right choice is important to ensure you are equipped with the correct expertise and long-term financial protection, but also, perhaps […]
Millions of employees work tirelessly for decades in the expectation of a comfortable retirement in the future. But for many UK residents retirement is an event to be feared due to lack of savings and pension. It’s important to find the balance for comfortable retirement savings.
To help you understand how much is needed, we at Blacktower Financial Management have revealed how much to save for retirement, how much you should be saving for retirement each month, and top tips that map out the best way to save for retirement.
If you plan on living out your retirement years without worrying about finances, ensuring you have sufficient retirement savings is a must.
How / why did you get into your line of work in the financial services sector?
I’ll hold my hands up and say I was something of an… unlikely candidate for a brokerage at face value, with a diverse back-catalogue of PR clients from sparkling wine and mobile payment apps, to granola and bingo – plus, something of a cavalier attitude towards my pension, for which even the most benevolent financial adviser would send me to the naughty step.
Brexit has led to many unintended consequences surrounding financial services for UK expats living abroad. The main one being that most UK financial advisers will not now be able to advise or manage their clients UK financial products such as pensions and investments whilst their clients are living in the EU. Now the latest hurdle UK financial advisers are facing is Professional Indemnity Insurance (PII) which will not extend to UK expats resident in the EU.
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