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Spotlight On … Robert Mancera – Group Director

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

Now I prefer to pass on my experience; I have been in this industry for over 30 years. I like to ‘coach’ and ‘support’ others and help them get the best from their roles. At the same time, I love being able to work at the forefront and help support the direction the business is going in.

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?

Adding value; however big or small.

What’s special about working at Blacktower?

What isn’t! It is a brand I have had the honour to support and help mould for the last 11 years. I am passionate about the Brand and our Reputation; and the principles we stand for.

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

Do your homework; check and double check on the firm and adviser you are dealing with. I have spent 11 years helping build and protect the brand and reputation of this business – prospective clients need to feel safe with the people that are giving them advice. We have a robust approach to business and advice.

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?

By being involved; by being an important part of this industry and at the forefront of change and development.

Tell us an interesting fact about yourself.

I love to cook; and be creative in the kitchen!

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

Spanish Tax Office’s Gibraltar crackdown

50 Euro NoteSpanish newspaper ABC has reported that tax authorities in the country are cracking down on expats who fraudulently claim Gibraltar residency for the purposes of wealth management.

Apparently the measures have already led to the collection of €20 million from 160 high-net-worth individuals (HNWIs) claiming residency in Gibraltar when in fact they lived in nearby Andalucía. This meant that, on average, €125,000 was collected from each HNWI.

Jorge Ramírez, a representative of the Tax Agency in Andalucía, told the newspaper, “A tracking system was used to collect verifiable documentary evidence, and we found some Gibraltarians whose primary financial interests were actually entirely situated in Spain.”

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Euro vs Pound – Brexit Impact

As a Financial Adviser the most common question I get from people is about the Euro versus Pound exchange and which direction will it go.  My usual answer is ‘well if I knew that I would be a millionaire’!

Now, for the first time that I can remembeBrexitr there is the consensus of all the experts saying the same thing.  If the UK exits the EU after the referendum in June, then there will not be that much of a change as impact will be felt on both sides (it will be as bad for Europe as it is for the UK).  If the UK stay in, then there should be some sort of a rebound back to fair value levels to around the €1.40/£1 mark.  If this is the case, you should really try to hold off buying Euros until after the referendum.

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