Euro vs Pound – Brexit Impact

One of the main concerns of parents when they are considering relocation to Spain, is of course the quality of the education available. Alongside questions around the type of employment opportunities available and the overall quality of life, education is one of the key factors in deciding where to eventually settle.

If, as is often the case, the family does not speak Spanish fluently, this often leads them to consider the option of an international school in Spain. There are no shortage of options in this regard. With a large, thriving community of expats already living there, those looking for a Spanish private school will find any number of options available.

You may have seen emails alerting you to a new fraud specific to the financial services advice industry. We are not aware of any of our clients having been targeted in the way described below, but it is our responsibility at Blacktower to do everything we can to educate our clients about these scams to avoid any harm coming to them.

The fraudsters claim to be from the Financial Conduct Authority or local law enforcement and are targeting clients of investment management firms. They are advising clients that the investment manager, adviser or firm is under investigation. The fraudster specifically asks the client not to speak to their investment manager, adviser or firm, or even close connections, claiming this would be considered tipping off. The client is then advised to encash their portfolio and move the cash to the client’s bank account. Once this is done, the fraudster then ‘recommends’ an investment which is actually a scam.