A quarter of UK adults have less than £100 put away and one in six adults have no savings, according to the Money & Pensions Service (MaPS). If adults fail to routinely tuck away funds for a rainy day or have little in the way of investment funds, youngsters with an appetite for investing will need […]
Investing is an essential part of wealth management and retirement planning, but the process is often complex and it can be difficult to know where to start. With an overwhelming number of investment options available and uncertainty regarding returns putting many first-time investors off, Multi-Year Guaranteed Annuities (MYGAs) could well be the answer for those […]
Due to reporting regulations introduced by the IRS in 2010, Americans who leave the States to live abroad are finding it increasingly difficult to find banking and financial advice services and are facing considerable restrictions when it comes to investment and retirement accounts. The introduction of the Foreign Account Tax Compliance Act (FACTA) made it […]
Chancellor Jeremy Hunt has unveiled his first Budget in the House of Commons today, revealing the focus for the year will be on incentivising individuals who have left their jobs to return to the workforce, while boosting business investment. At the same time, Hunt revealed that the UK will not be facing a technical recession […]
During the Spring budget, Chancellor Jeremy Hunt sent shockwaves through the pension landscape with some of the largest changes in recent history to affect pension savers. Whilst the finer details are still to be ironed out; in summary the changes include: All the measures have been designed to encourage people to work for longer and […]
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 […]
Updated: Taxpayers now have until 5th April 2025 to fill gaps in their National Insurance record from April 2006 that may increase their State Pension – an extension of nearly 2 years – the government announced today (12 June). Extending the voluntary National Insurance contributions deadline until 2025 means thatyou now have more time to […]
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