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Interesting curation of Blacktower Financial Management news

Here is an interesting curation of Blacktower Financial Management web pages with financial advice and news mostly for expatriates seeking to grow and protect their wealth.

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

Advice requirement question in pension transfers for expats

Pensions transfers for expats may become simpler if the Department for Work & Pensions follows through on plans to drop the requirement for consumers to receive accredited advice before making an expat pension transfer.

News of the DWP’s plan came via a consultation paper published on 30 September. However, before the government gives the go-ahead to any such change in the law as is it relates to pensions transfers for expats, it is first looking for the views of experts and stakeholders.

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Banks competing for ex-pat money

I had a little laugh to myself this week reading some news from the UK. It appears that the banks may have developed a bit of a conscience.

Despite base rate remaining stagnant, there are signs that banks are competing for savers’ money by trumping deals offered by rivals. I have outlined some of the offerings below, read it and weep.  We at Blacktower would be ashamed if we were only offering the sadly low returns that the Banks are.

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