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Date Published: 03/09/2024

Get ready for Pension Awareness Week

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Get help to pensions and retirement in Spain from Blacktower Financial

Planning for retirement can often feel overwhelming, but the Pension Awareness Campaign is here to change that. Since 2014, this initiative has been dedicated to making pensions understandable and accessible, ensuring that everyone can look forward to a comfortable and enjoyable retirement.

Pension Awareness brings pensions to life with an exciting and informative approach. Over the years, the campaign has reached millions of people, showing them how to navigate the often complex world of pensions. This year, the campaign returns with an online event from September 9 to 12, 2024, featuring live TV shows packed with advice from pension experts.

What to expect from this year’s campaign

The 2024 Pension Awareness event includes live discussions on key topics designed to help people better understand their pension options and make informed decisions. Sessions will cover:

Is it a good idea to transfer my pension?
Financial wellbeing – Finding balance between money and mindset
How to have the lifestyle you want in retirement
How to get ready for the retirement you want
Pension investments explained
How to shrink the gender pension gap

Whether you’re looking to learn more about pension transfers or how to boost your retirement savings, these sessions will help put you in the driver’s seat of your financial future.

Pension Awareness isn’t just limited to the UK anymore. The campaign has expanded to Spain and Europe, spreading vital information about pensions and financial planning to a broader audience. Wherever you are, it’s now easier than ever to join the conversation and get the information you need to secure your future.

While Pension Awareness Week kicks off on September 9, you can join the live shows between September 10 and 12 or catch up later at your own convenience. The event is free and offers an opportunity to ask pension experts your burning questions.

To register for the live shows and to learn more about the upcoming event, visit pensionawarenessday.com and take the first step towards mastering your pension.

If you’re thinking of transferring your pension from the UK to Spain, Blacktower Financial Management can provide expert assistance to guide you through the process.

Take control of your pension today, and secure the retirement you deserve!

In today’s financial climate it is essential you do everything you can to make sure your money is safe; should you want a no-obligation appointment, your only initial investment is a small amount of time.

The local Blacktower office address is: 120 Avenida Dr. Artero Guirao 2C. San Pedro Del Pinatar, 30740, Murcia, Spain. Our office suite is easy to find on the main N332 through road of San Pedro del Pinatar with easy parking.

If you want more information or wish to make an appointment to discuss your own situation then call 0034 657 684 094 or email keith.littlewood@blacktowerfm.com

Blacktower Insurance Agents & Advisors Ltd is authorised and regulated in Cyprus by the Insurance Companies Control Service and registered with the DGS in Spain. Blacktower Financial Management (Cyprus) Ltd is regulated in Cyprus by the Cyprus Securities & Exchange Commission and is registered with the CNMV in Spain.

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Financial Advice Issues for Expats in Spain

I have been a Qualified Financial Adviser for almost 35 years now. 25 years in the UK for major institutions such as Natwest, RBS and Royal London. I have been in Spain giving expats financial advice now for 10 years and it is quite remarkable the different approaches as well as advice that are required for an expat now living in Spain. Blacktower is a company that has specialised in providing the best solutions for its clients living outside the UK for 30 years also.

The currency issue is always high on the agenda and a discussion for the long-term future has to be taken onto account. Questions like What will happen if one partner dies? Will the other remain in Spain? What about other family members? What Inheritance tax provisions do you have in place? The list goes on and on.

BLACKTOWER Financial Management Existing portfolios and investments that were the mainstay of portfolios in the UK may now be obsolete. An example of this is quite often tax efficient products in the UK like ISA’s and previously held TESSA’s: PEP’s actually have low growth rates and provide no tax advantage to a Spanish fiscal resident.

Existing pension holdings either paid by the state or private pensions built up through working lifetimes are topics that have to be covered. Many expats have lots of small pensions from many ex employers and can be confused by the communications and administration in dealing with them. At Blacktower we specialise in advising on how to consolidate and bring all these pensions together in one place.

BLACKTOWER Financial Management Bank accounts and investments in Spain always bring up lots of questions too. Quite often the small print associated with financial products in Spain is in Spanish this can make it very difficult even if you have a good grasp of the language. Understanding Jargon in English is sometime difficult enough. I provide clear easy to understand letters and documents in English so that you fully understand any terms and conditions before making a decision.

Advice on tax efficiency is just as important and offering good returns. There are products available exclusively for Spanish expats that can provide invaluable benefits. Having a good base knowledge of the tax implications both now and in the future is an essential ingredient to making a sound decision.

BLACKTOWER Financial Management I will complete a thorough factfind, ask you the right questions, establish your individual needs, attitude to risk and capacity for loss and desired returns before providing you with a full written report of advice and my recommendations in plain English. You will then have time to read and consider all the information before contacting me with how you wish to proceed.

Click for more information about Keith Littlewood.

The above information was correct at the time of preparation and does not constitute investment advice and you should seek advice from a professional adviser before embarking on any financial planning activity.

This communication is for information purposes only and it does not constitute advice or a recommendation. The value of investments can go up as well as down, and investors may not get back the full amount invested. The Blacktower group of companies operates across multiple jurisdictions, each authorized under its respective regulatory license. For further information, please refer to the relevant regulatory page.