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Fraud Notice:

Blacktower Financial Management have been made aware of certain fraudulent schemes that have been conducted by individuals or organisations claiming to represent Blacktower Financial Management Group of Companies.

This type of fraud tends to occur through online services including bogus websites, social media accounts, or through unsolicited emails or text messages. The aim of the fraud is to trick you into believing you are communicating with a Blacktower representative in order to enter into a business relationship with the goal of obtaining your personal information or money. Blacktower’s name, logo, and other Company information is used without permission to try to convey authenticity.

Fraudulent websites and companies with no association to Blacktower:

blacktowerfm-cfd.com

blacktowerfm.online

blacktowerfm.online

blacktowerfm.live

Blacktower Finance Management Group

Blacktower Finance Islands Cooperation

If you believe you are the victim of any fraudulent activity, we advise you to contact local law enforcement or financial regulator.

If you have any concerns, or receive suspicious communications that reference Blacktower, please submit an enquiry, through our contact us page : https://www.blacktowerfm.com/contact-us/

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

Financial changes in France for 2018

French flag against a blue skyJanuary 2018 will see the French government introduce several legislative, tax and other financial changes, some of which will be of interest to British expats living in France.

First and foremost is the change to the wealth tax – also known as the Impôt de Solidarité sur la Fortune (ISF – or the “solidarity tax on wealth”). We touched on the topic last year when discussing the number of French job opportunities rapidly increasing.

The country’s president, Emmanuel Macron, who was elected in May 2017, has introduced the change as part of a push to attract more wealthy investors to France. The change is just one of many in what he called a “profound transformation of France” in his new year’s address.

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What should you do with your pension?

One of the most common questions asked of expat financial services firms is what should clients do with their pensions. Some wish to keep all their money in a UK-based pension, some will look to transfer to a Qualifying Recognised Overseas Pension Scheme (QROPS) and others will want to take a tax-free lump sum from their fund. In short, what an individual chooses to do will depend heavily on their personal circumstances together with any advice they receive from their expat financial services professional.

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