Blacktower

General News & Insights

Posts matching 'General'

Trusts and Modern Wealth Management: Adaptability in a Changing Landscape

For centuries, trusts have been pivotal tools in the realm of financial planning, known for their flexibility, protection, and strategic capabilities in wealth management. In the domain of trusts and modern wealth management, these instruments have not merely endured the test of time but have dynamically evolved to meet contemporary challenges. As economies shift and […]

General
26/09/2023

Multi-Generational Wealth Management: How To Serve Boomers And Their Heirs

In the dynamic world of finance, the emphasis on multi-generational wealth management has never been more pronounced. As we stand on the cusp of one of the most significant shifts in financial history, the impending transfer of wealth from one generation to the next looms large. Baby Boomers, who’ve shaped economies with their spending habits […]

General
19/09/2023

Help To Buy Five Years On: What To Do Next With Your Equity Loan

The Help to Buy scheme has been a lifeline for many aspiring homeowners, offering a valuable opportunity to get a foot on the property ladder. One aspect of the scheme is the equity loan, which provides an additional financial boost to buyers. However, after five years, borrowers must start repaying the loan or consider other […]

General
03/07/2023

Why your UK bank should be increasing your savings interest rate

As the Bank of England continues to increase interest rates, with another hike to 4.5% from 4.25% expected next week, UK customers are not seeing this reflected in the savings interest rates offered by their banks. This means that many banks are set to make considerably more from borrowings as a result of the tax […]

General
26/04/2023

Inflation Jump Causes Bank Of England To Hike Interest Rates By 25bps

Today saw a hike in interest rates from The Bank of England (BoE), with an increase of 25 basis points announced amid the continued turmoil as the banking sector continues to clash with the desire of the central bank to bring down inflation. While two central bank members opted to maintain current rates at 4%, […]

General
23/03/2023

End of an era? How the 2023 Budget has changed the pension landscape

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 […]

General
16/03/2023

FRAUD NOTICE:

Blacktower Financial Management have been made aware of certain fraudulent schemes that have been conducted by individuals or organisations claiming to represent Blacktower Group. 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 fraud is to trick […]

General
14/03/2023

Tax Relief On Pensions: What Is Pension Tax Relief In The UK?

It goes without saying that everyone wants to get the most money possible out of their pension. Whether that’s through maximising their own contributions or ensuring that they pick the right pension investment options, there are plenty of ways to grow your pension and make it work for you. And the good news is that […]

General
09/03/2023