The Impact of Inheritance Tax on Pensions: What You Need to Know
For many individuals, pensions are one of their largest and most valuable assets. While they are primarily designed to fund your retirement, they can also play a significant role in estate planning. Understanding how pensions interact with Inheritance Tax (IHT) is essential if you want to protect wealth for future generations. In the UK, IHT […]
Unlocking the Future of Estate Planning: Adapting to New Inheritance Tax Rules for Pension Funds from April 2027
The October 2024 UK Budget introduced one of the most significant shifts in inheritance tax (IHT) policy in recent decades. From 6 April 2027, most unused pension funds will be brought into an individual’s taxable estate for IHT purposes. For many high-net-worth individuals (HNWIs), this change could have a major impact on wealth transfer planning. […]
UK Pensions and Inheritance Tax: Major Changes Coming in 2027 – Are You Prepared?
A significant shift is coming to UK pension and estate planning — and it could dramatically impact the tax legacy you leave behind. From April 2027, UK pension funds will no longer be exempt from inheritance tax (IHT). Any unused pension funds and death benefits will be included as part of your estate for IHT […]
Life Insurance & Inheritance Tax in 2025: Protection or Pricey Placeholder?
With inheritance tax (IHT) thresholds frozen and sweeping changes coming into force by 2026 and 2027, more individuals are turning to life insurance as a strategic tool to protect their families and preserve wealth. But is it the right solution for you? At Blacktower Financial Management, we help clients assess not just the cost of […]
Building Your Financial Safety Net: The Emergency Fund Essentials
When it comes to sound financial planning, one of the most powerful tools you can have in your corner isn’t a flashy investment or complex tax structure—it’s a simple, well-stocked emergency fund. An emergency fund acts as a personal financial buffer, protecting you from the unexpected events life can (and often does) throw your way. […]
Wealth Management Advice for UK Expats Living in Spain
Relocating to Spain offers UK expats a rewarding lifestyle: sun-drenched coastlines, world-class cuisine, and a slower, more enjoyable pace of life. But while the lifestyle may be laid-back, managing your wealth as an expat in Spain requires careful planning and expert advice—especially when navigating international tax systems, currency exposure, and cross-border investments. Whether you’ve retired […]
UK Emigration Trends in 2025: Where Are Brits Moving & Why?
In 2025, the United Kingdom is witnessing a notable shift in the movement of its high-net-worth individuals (HNWIs) and retirees. While the media often highlights the challenges posed by tax reforms and economic conditions, it’s essential to delve into the broader picture of British emigration trends, focusing on the destinations attracting these individuals and the […]
Best Caribbean Islands for British Expats
Where to Live & Invest The Caribbean remains one of the most attractive destinations for British expats seeking a change of scenery, a relaxed lifestyle, and excellent investment opportunities. With its year-round warm climate, beautiful beaches, rich culture, and the potential for financial gain, it’s no wonder the Caribbean is a sought-after region for those […]