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.
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.
What is 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.
Life is inherently risky: if we did not accept risks as an inevitable part of life, we would never leave our homes or attempt to alter or improve the circumstances which lie ahead. So, we must negotiate a certain amount of risk while avoiding the most obviously dangerous situations.
Investing for retirement in stocks, shares and other commodities is similar; we need to accept the risks. By making calculated decisions we can hopefully avoid making detrimental investment decisions.
Unfortunately, those who don't know how to invest for retirement, or those who receive bad, fraudulent or unregulated retirement investing advice, may be tempted by the promise of so-called "guaranteed" returns or unrealistically high dividends only to find that they have sacrificed their life savings for fool's gold.
After the announcement in January 2018 from the Malta Financial Services Authority, stating the significant pending changes to Maltese pension and MiFid regulations, both companies and advisers alike felt the net tighten around their daily practices.
The statement started one of the most significant shifts for the industry and sparked apprehension around those ill-equipped to provide fully compliant financial advice in light of the revised regulatory standards.
If you live in Spain, or are thinking of moving to Spain for your retirement, it is essential that you seek expat financial advice in order to give you the best possible chance of successfully protecting and growing your wealth.
Blacktower Financial Management has offices in Barcelona as well as Costa Del Sol, Costa Blanca, Costa Calida and on the Balearic Island of Mallorca. From these branches, our team members can help expat retirees throughout Spain take care of their wealth management and retirement investment needs.
In this guide we take a look at some key questions for expats in Spain.
London – July 2019: Leading wealth management provider, Blacktower Financial Management Group has announced value of £100m under its Nexus Global Solutions Portfolio.
Launched in 2013 and managed by industry heavyweight, Quilter Cheviot, the funds, Nexus Global Dynamic Portfolio and Nexus Global Solutions Portfolio, were originally conceived by Blacktower Group as means to provide its clients with access to award-winning investment DFM solutions.
The Nexus Solutions Portfolio is managed by David Miller, Investment Director of Quilter Cheviot.
HMRC proposals to dispense with private residence relief (PRR) could be a stumbling block for expat’s wealth management plans as significant amounts of capital gains tax relief could be lost if the proposals become law. But what is PRR, and what does PRR mean for new expats?
Please select your country of residence so we can provide you with the most relevant information:
You are currently viewing the Blacktower Financial Management EU website.
You may be looking for the Blacktower United States website.
