Whilst social media has presented many with the opportunity to learn new skills and enrich their understanding of complex subjects, the increased access to knowledge it has provided has also resulted in some counterproductive developments, particularly when it comes to the financial services industry. Popular social media outlets such as TikTok and Instagram have provided […]
General News & Insights
Posts matching 'General'
What are the best cities to move to in Portugal?
The Best European Cities for Expats to Live and Work in 2022
Tax Benefits of the Non-Habitual Resident Status
International investment and financial planning firm, Blacktower Financial Management Group, announces the launch of its offering in Panama. Gibraltar, 10th October 2022 Blacktower Financial Management Group, providers of individual and corporate financial planning, has today announced that they are now licensed to offer their bespoke services in Panama. This follows the recent acquisition of a […]
Recent years have seen a dramatic increase in the number of American Expats looking to emigrate to Europe, with Portugal, Spain, Italy and Greece proving to be the most popular destinations. With its beautiful and varied landscape, amazing food and fantastic culture, mainland Europe has always been a popular location for expats from the UK, […]
Buying a house anywhere is a complicated and demanding process; choosing a location, property type and style are just some of the many things that need to be considered when purchasing a house or flat. This difficulty can be exacerbated when buying a property abroad – the combination of restricted access to the location and […]
NEWS WRAP – INFORM Act Lump-Sum Buyout Proposal
Senator Patty Murray, the ranking minority member on the Senate Health, Education, Labor and Pensions (HELP) Committee, has introduced a bill that would require pension plan sponsors to equip all participant retirement savers with the "critical information" they need regarding lump-sum buyouts.
Murray's INFORM Act (Information Needed for Financial Options Risk Mitigation) would oblige sponsors to provide members with full information regarding mortality assumptions, interest rates and any additional benefits before proceeding with a lump-sum buyout.