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Spotlight On … Karen Ogilvie – Head of Compliance

What is your special interest or particular field of expertise in the financial services sector right now?

Compliance and Risk is my main focus, keeping at the forefront of industry developments and legislation.

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?

Maintaining high professional standards and best practices, ensuring we keep the best interests of the client at the heart of what we do.

What’s special about working at Blacktower?

The amazing team and what the Blacktower brand represents.   There is a shared ethos of integrity, professionalism and passion for what we do.

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

It’s never too early or too late to seek advice.  Research any firms prior to dealing with them to look at their regulatory status and reputation.

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?

Keeping our finger on the pulse and being at the forefront of industry development, best practices and innovative solutions.

Tell us an interesting fact about yourself.

I love rock n roll.  I was a drummer in a heavy metal band and hosted the late night rock show for a local radio station.

Other News

Alternatives for Savers?

Blacktower Alternative SavingsYour cash is earning nothing in the bank, in fact it’s actually losing its worth in all probability because of the corrosive effect of inflation.  Even ostriches have to raise their heads at some point, if only to breathe.

Quite frankly it’s time for people to start taking control of their money instead of letting the banks bleed them.  In the days we are in now with increased life expectancy, a longer wait for retirement and the pension freedoms that there are around, there could not be a better time for savers to act and improve their lot.  So you go to see a financial adviser, what is he going to say?

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Go Dutch?

French FlagBritish expats in the Netherlands are experiencing a difficult time at the moment. Not only do they have to deal with continued uncertainties over Brexit as well as government plans to overhaul the 30% expat tax break, they are also now having to digest news that the Dutch government is readying itself to publish new legislation regarding dual nationality.

However, early news suggests that developments on this final matter could prove to be rather more encouraging – albeit with a number of qualifications – with initial statements indicating that preparations are being made to reduce some of the restrictions on dual-nationality in the Netherlands.

As it stands, expats who wish to remain in the Netherlands and embrace Dutch citizenship are, in the majority of cases, obliged to renounce their nationality of origin. The choice is stark and onerous: go Dutch or stay as you are. This, of course, will prompt a number of British and Netherlands wealth management considerations and must be considered very carefully.

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