The Impact of Inflation on Long-Term Financial Planning
Inflation: The Silent Force Shaping Your Financial Future Inflation — the gradual rise in prices over time — is one of the most important factors to consider in long-term financial planning. While it often feels like an abstract economic term, its impact is very real: it determines how far your income, savings, and investments will […]
What Can I Do with My UK Pensions If I Move Overseas?
Taking Your Pension Abroad — What You Need to Know Relocating overseas is an exciting step, offering new opportunities and lifestyles. But for many UK nationals, one question arises quickly: what happens to my pension when I move abroad? Whether you’re retiring to Portugal, starting a new career in Spain, or seeking a sunnier life […]
Life Doesn’t Stand Still — And Neither Should Your Financial Plan
Life is full of change. You might relocate for work, start a family, change careers, or face unexpected events that reshape your priorities overnight. Your financial plan should evolve just as you do — flexible, resilient, and ready to adapt to whatever life brings next. For expatriates, that flexibility is even more essential. Living abroad […]
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. […]