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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 […]

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 […]

Government extends deadline for expats to secure full UK pension

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 […]

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 […]

How much should you save for retirement?

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 […]

What is the lifetime allowance for pensions in the UK?

One of the smartest ways to invest and save money for the future, it’s little surprise that the majority of us will put aside funds to make contributions to our pension at some point in our lives so we have plenty of money left over to fund our retirement. But while it’s a sensible idea […]

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