News & Insights

We are excited to announce that Blacktower Financial Management has been awarded the prestigious title of Company of the Year (Advisers) at the 2024 Investment International Awards. Receiving the Judges Award is a tremendous honour, recognising our ongoing commitment to delivering outstanding financial planning and wealth management services to clients across the globe. For almost […]

Rachel Reeves standing in Downing Street with a ministerial red box containing her Budget speech Chancellor Rachel Reeves has delivered Labour’s first Budget since 2010, after the party’s return to power in July’s general election. She announced tax rises worth £40bn, which she argued would rebuild public services and stabilise the public finances. Here is […]

As the end of October draws near, we’re not only feeling anticipation for the potential horrors of Halloween but for the possibilities surrounding the Autumn Budget and what it means for expatriates. In particular, how the new Labour budget’s forthcoming changes could affect their financial landscape. Whispers of alterations in capital gains tax, inheritance tax, […]

The abolition of the UK’s ‘resident non-domiciled’ (RND) tax regime marks a significant shift in the landscape for ultra-high-net-worth (UHNW) individuals. As these individuals reassess their residency, several jurisdictions are vying to attract this affluent demographic with competitive tax regimes and high-quality lifestyles. This analysis delves into the intricacies of each popular destination. Monaco: The […]

The Bank of England made a significant announcement last week, cutting interest rates to 5% for the first time since March 2020. This decision marks a critical moment as the economy shows signs of recovery from prolonged inflationary pressures. A Delicate Balance: Cutting Rates, Managing Expectations Governor Andrew Bailey and a narrow majority of the […]

In the King’s Speech, Labour announced a Pension Schemes Bill that aims to introduce several new measures, including tackling lost pension pots and the multiplying pots people end up with during their working life. The Pensions Policy Institute reported that, in 2022, over 2.8 million pension pots – valued at over £26.6bn – had not […]

Last week’s election dramatically shifted the UK’s political landscape, with the Labour Party achieving a landslide victory. This result has seen Labour secure a commanding majority in Parliament, gaining 410 out of 650 seats. This overwhelming win signifies a decisive move away from the Conservative leadership that has dominated for the past 14 years. Prominent […]