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 […]
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%, […]
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 […]
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 […]
Expats who have missed filing national insurance years from 2006 to 2016 now have until 31st of July 2023 to secure a full UK state pension. The previous deadline of the 5th of April 2023 has been extended, with the government announcing yesterday they’re granting expats more time to get their paperwork in order after […]
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 […]
Whether you’re thinking about retiring in the next few years, or you’ve only just started your first job, saving for retirement is something we should all be thinking about. After all, everyone wants to ensure they have enough cash saved up to make the most of all that free time in the future. If you’ve […]
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