News & Insights

Client Bulletin

I wanted to update and reassure you that in this time of global crisis, The Blacktower Financial Management Group of Companies and our Nexus Global Network are still very much on hand to assist. We have robust Business Continuity Plans that were rolled out early last week, implementing a robust staffing plan with employees working from home, in conjunction with a limited number of staff being in our offices where appropriate. In line with government advice, client visits to our offices are no longer taking place, so we ask you to use our online services or our telephone service. In a people-focused business these measures have not been imposed lightly, however protecting both your and our own welfare must come first.
As I’m sure you’re aware, the knock on effects to financial markets have been severe. We want to make sure we are able to support our clients in any way we can to help manage your financial arrangements and ensure as far as is possible the smooth functioning of all transactions.
In line with Governmental travel advice, we have implemented strict policies around travel to and from affected areas, as well as enforcing self-isolation guidance. All of our global offices are adhering to local requirements in their region, whilst also supporting the global network of our Group.
Our priority is to continue to deliver our services without interruption and so do not expect any impact to the high level quality of service you are used to receiving from us.
Should you have any queries please do not hesitate to contact your usual Financial Adviser in the first instance.

I would like to thank you all for your continued support and understanding during this difficult period for everyone.


Your Sincerely  


John Westwood

Group Managing Director

Blacktower Financial Management Group of Companies.

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

Assurance Vie and Fonds En Euro/Sterling

Simon VerityMany clients have sensibly opted to invest in Assurance Vie (Investment Bonds) type arrangements in France for the huge income tax and inheritance advantages offered though these products for French residents. A large selection of clients have also taken the option of using the Fond en Euros or Sterling funds preferring the guaranteed rates of return offered and the invested capital’s security.

Indeed so used are the Fond en Euros funds within Assurance vie “wrappers” that often clients believe that they are one and the same. The Fond en Euros main principles are that your capital’s value is guaranteed and you are given an annual rate of interest. The assurance vie ensures your funds grow free of French taxation due to the code of law relating to Life Insurance products. This combination has been so used in France and so much money tied up in these arrangements that the Government want to bring in a statute to limit the percentage invested into Fond en Euros per investor portfolio as they see this type of fund as stagnating the French economy and restricting investment into industry via the purchase of “actions” or shares. 

Read More

QROPS works for expats in France

Given all the talk and acceptance of QROPS transfers, expats in France could be forgiven for forgetting that there was ever a time when they were short of options. But it’s worth remembering that before QROPS transfers became available, expats in France and elsewhere in Europe had very few choices available to them when it […]

Read More

Select your country

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.

Blacktower United States > X Stay on this site

Or choose your country.