Around the Branches: Changing Times for Financial Firms in Malta
In our "Around the Branches" segment we take a look at some of the concerns affecting our clients and our business in individual locations. This time we are in Malta where the regulatory landscape could be changing for financial services firms operating on the island nation.
Blacktower’s Nexus Funds Show Rapid Acceleration
London – October 2019: Leading wealth management provider, Blacktower Financial Management Group announces milestone growth of over 12% and 18% YTD, of its Nexus Solutions and Dynamic Funds, respectively.
With Nexus Solutions Portfolio currently standing at an outstanding valuation of £105m and Nexus Dynamic Portfolio at a similarly impressive £29.56m, both funds were launched by Blacktower as means to provide its clients with access to award-winning investment DFM solutions.
Blacktower View: Saving for grandchildren
Many British pensioners enjoy healthy private pensions or have built up substantial savings that more than meet their day to day living needs. It is not surprising then to learn that about one in ten elects to gift part of their savings to their grandchildren, with average gifts amounting to £15,000 according to a survey by OneFamily.
NEWS WRAP: Expats in the EU Face Uncertainty Even with the Triple Lock Guarantee
As part of our new NEWS WRAP feature we take a look at an industry-related news item which directly affects our business and our clients.
Spotlight on Antonio Rosa – Joint Country Manager Portugal
Our new "Spotlight On…" feature focuses on an individual team member, offering an insight into their specialism and why they enjoy doing what they do with Blacktower.
Successful Wealth Management in 2019
To make the most of the rest of the year, one important wealth management question you should be asking yourself now is how diversified do you need your investment portfolio to be.
You could follow this with more questions: are you invested in a single country or region? What about industry sectors? And how is the mix of your asset types looking?
These questions, and your answers to them, can help you review and build your investing strategy so that you can provide for your retirement objectives. Having an understanding of some of the theory behind a good strategy is a good place to start.
HMRC Pension Transfer Guidance May Change
The rules relating to pension transfers and inheritance tax could be set to change after HM Revenue & Customs (HMRC) announced that it is to review its guidance on the matter following a number of concerns raised by the Office of Tax Simplification (OTS) in a review published on July 5 2019.
One area that the OTS has earmarked for examination involves the rules relating to pension transfers made within two years of a person's death. Such transfers can result in the deceased person's remaining defined contribution pot being subject to 40 per cent inheritance tax unless the estate can prove to HMRC that the pension transfer was made without the intention to deliver gratuitous benefit.
Growth Stocks vs Value Stocks: What’s Your Approach to Investment Management?
Investment management is the practice of buying, selling, and trading financial assets, with the intention of securing a greater return than the amount paid in. Not everybody is experienced in understanding how investment management works, so it’s important to consult a financial advisor if you’re uncertain.
Good investment management is about looking after your money and will involve finding the investment style to suit your character and risk tolerance as well as your overarching retirement financial goals.
One aspect of this process is finding the right balance of growth stocks v value stocks for your portfolio - but what are they? Below we take a look at the difference between value and growth stocks, and their relevance to successful investment management.