Contact

News & Insights

Spotlight On … Andrew Gibson – Financial Adviser at Costa Blanca Office

How / why did you get into your line of work in the financial services sector? 

I saw the impact of what not having life insurance does to a family. It made sense to me to become a financial adviser as this occupation had come up a few times at career meetings.   I always wanted to be a policeman!

What is your special interest or particular field of expertise in the financial services sector right now?  Specialist Spanish and UK tax planning and Portfolio Management. 

What is the most important aspect of your work, in relation to clients, or the part of your day-to-day role which gives you the most satisfaction?  Helping clients understand the Spanish Tax and residency regime with regards to their own financial circumstances.

What’s special/unique/most interesting about the region you work in?

Apart from the Costa Blanca being a beautiful placed to live in Spain, it attracts plenty of UK Expats wanting to live here and this means have a lot of local experience when advising UK Expats. It’s important to note each Spanish Region has different tax rules/laws so anyone approaching us EU nationals and especially UK expats after Brexit can benefit from our local extensive knowledge.

Right now, what is your one piece of invaluable information for expats or anyone seeking retirement planning and wealth management advice? 

Take professional Tax & Residency advice as soon as possible! Start with me to get basic guidance and then you will understand how your financial circumstances will be impacted upon by Spanish Tax. There are many tax pitfalls so professional advice from us alongside a professional tax adviser is key to ensuring you get your ducks in a row.

Blacktower already has a long and successful history in the sector, how will you and your colleagues continue to offer value to clients in the next 20 years and beyond? 

We all work as a team at Blacktower and have various international experts within the Group which means our clients can rely on us for the full complement of financial advice even if they have arrived from another country to Spain. We work very closely with our clients, we will set out a financial plan via a report often including a cash flow forecast and guidance on Tax and investing. We conduct regular reviews, these are designed to help maintain and update your financial plan whilst retaining site of and helping you to achieve your investment objectives such as a comfortable retirement or making your money work harder in a tax efficient way.

Tell us an interesting fact about yourself

My Dad died when I was 10 leaving my mum destitute with four young children and no life insurance. I saw the impact this had on us financially as a family with my mum having two jobs working 12 hours a day to make ends meet and keep us together. When I joined the London Life Assurance Co in 1990 as a financial adviser in the UK, it was an in-built mission within me to advise clients to take out life cover and income protection insurance to protect individuals and families.  These days most of my clients do not have young families and have built up their wealth, however the one thing people should know about me is my continued desire to help all of my clients preserve and protect their wealth no matter how large or small that happens to be.

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

Former Chancellor’s comments on French residency spark expat indignation

As an expat financial services specialist, Blacktower is always keen to hear about Britons who are making the decision to live permanently abroad, but one recent news story has left us, like many others, feeling a little perplexed, to say the least.

Permanent expats in France will soon be able to count leading Brexiteer Nigel Lawson amongst their number as the former UK chancellor of the exchequer has applied for his carte de séjour (permanent residency card).

The former Conservative cabinet member and one-time chair of the “Vote Leave” campaign has been branded a hypocrite by many in the British media, as he seeks full resident’s rights while he lives, as he has done so for many years, in his Gascony mansion in south-west France.

Read More

Finding Old Pensions Before Making a Pension Transfer Overseas

Man with binocularsThe days of the “job for life” with a single employer are, for most of us, long-gone and we are now far more likely to have multiple jobs paying into a number of different pension schemes. This means tracing old pensions when you retire – whether defined benefit, defined contribution or private stake holder. In order to get an accurate and full idea of your pension wealth it is essential that you begin finding lost pensions to factor every single one into a total valuation.

Pension transfers are a hot topic at the moment, especially if you’re an expat and want to transfer pension pots overseas. And if, like many, you have lost track of the various pension pots you have amassed throughout your career, it can be hard to gather together all the information you need to decide whether a pension transfer would be in your best interests.

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information: