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Spotlight On … Cianon Yeo – Receptionist

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?

There’s a real energy in head office and there are always discussions around new ideas, ventures and people joining the Blacktower family. I love being part of that. I think the most important thing for me is to be flexible in my job – if someone needs help with something urgently, I will jump in to do what I can.

Head office is all about providing support for Blacktower at an international level, so I can often find myself talking to our people in all parts of the world on a daily basis. I am learning more about each head office department every day, so that I can help where required. It’s so true that team work makes the dream work.

Tell us an interesting fact about yourself

I am the only born and bred Gibraltarian in the office, I was brought up here and have never lived anywhere else. It’s a lively yet very safe place to live – except for our roads. For anyone who hasn’t had the pleasure of visiting, it’s akin to Ho Chi Minh City – mopeds everywhere vying for position on our crowded roads. Along with the increasing number of electric scooters around now, you take your life in your hands on our roads. Nonetheless, I have just applied for my scooter licence and hope to buy one shortly, but I have been told I drive like a granny, so you have nothing to fear from me!

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

NEWS WRAP – Lost Pensions Worth £37 Billion

Woman searching for documentsMany British retirement savers could retire two years earlier than they realise, according to a new piece of research from pensions advice firm Profile Pensions*.

This, says the firm, is because one in four over 55s have lost track of their pension funds, a fact that helps to account for a significant proportion of the UK’s approximately 1.6 million unclaimed pension pots. It is estimated that these funds have a combined value of around £37 billion.

The situation is even worse for younger retirement savers, with three in ten 25-34 year-olds saying they have lost track of a pension. One in ten respondents were not sure whether they would be able to account for all their pensions.

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No flexible access for Gibraltar QROPS

Gibraltar LighthouseOn April 6, many new regulations for QROPS came into effect. These changes were made to make the taxation of foreign pensions more in line with UK pensions. Any QROPS not registered as being compliant with the new rules by April 5 could be delisted by HMRC.

One significant change means that, as long as they qualify under the other requirements, it’s no longer compulsory for schemes to adhere to the “70 per cent” rule. This is a rule that ensures providers ring fence 70 per cent of the pension contributions transferred into the QROPS in order to provide the saver with income for life.

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