Happy 20th birthday ISA!

Happy 20th birthday ISA! The consumer-friendly simplicity of the ISA, which benefits from no Income Tax or Capital Gains Tax, has resulted in its popularity today, with around 42%3 of us holding one. At launch in April 1999, the annual allowance for an ISA was just £7,000. Over the years, the limit has steadily [...]

By |2019-08-15T16:40:38+01:00September 17th, 2019|Uncategorised|0 Comments

Retirement: two-thirds risk making the wrong choices by going it alone

Retirement: two-thirds risk making the wrong choices by going it alone Pension reforms introduced in 2015 mean there is much greater freedom, both for investors and for those wanting to access their pension pots. Despite having to make many important decisions, both in the years running up to retirement and afterwards, a recent survey2 shows [...]

By |2019-08-15T16:38:44+01:00September 10th, 2019|Uncategorised|0 Comments

Intergenerational Finances

Let’s talk about intergenerational financesThe Financial Conduct Authority (FCA) has announced its desire to start a conversation about intergenerational differences and the changing financial needs facing consumers from different age groups. While it’s certainly good to talk, this is obviously an extremely complex issue and the financial narrative is not one that everybody may want [...]

By |2019-08-15T16:35:49+01:00September 3rd, 2019|Uncategorised|0 Comments

Shoppers Rein in Spending

shoppers rein in spending     The latest batch of retail sales statistics suggests that consumers have become increasingly cautious in recent months adding to concerns over the current state of the UK economy.   Official data published by the ONS revealed that retail sales volumes dropped by 0.5% in May compared to April’s [...]

By |2019-07-09T17:21:55+01:00August 27th, 2019|Uncategorised|0 Comments

Brexit Limbo

Article from July 2019 While the Brexit process effectively remains on hold until the Conservative party membership elects the country’s next Prime Minister, further warnings over the potential consequences of a no-deal withdrawal have been issued.  The race to elect the next leader of the Conservative party, and the country, is now in full [...]

By |2019-08-28T11:19:40+01:00August 20th, 2019|Uncategorised|0 Comments

Markets overview

Global markets largely closed June in positive territory, capping gains on the best first half for global equities since 1997. Investors grew optimistic of some progress being made in the meeting at the G20 Summit in Osaka, between President Trump and China Premier Xi Jinping. The Summit delivered some good news as the two [...]

By |2019-07-09T17:15:26+01:00August 13th, 2019|Uncategorised|0 Comments

Interest Rates on Hold

The BoE has again left interest rates on hold and reiterated its belief that the monetary policy response to Brexit could ultimately push rates in either direction.   Following its latest meeting on 19 June, the nine-member Monetary Policy Committee (MPC) voted unanimously to maintain its existing monetary policy stance. This marks the tenth [...]

By |2019-07-09T17:11:49+01:00August 6th, 2019|Uncategorised|0 Comments

Bank cuts growth forecast

The Bank of England (BoE) has reduced its growth forecast for the UK economy amid growing concerns over global trade tensions and fears of a no-deal Brexit.   In its latest policy statement, the BoE said it now expects economic growth to be flat during the second quarter of this year, a downgrade from [...]

By |2019-07-09T17:10:18+01:00July 30th, 2019|Uncategorised|0 Comments

What is Equity Release?

How can my property provide for me? For many people, their property is their biggest asset. Unlocking this value via equity release is an option being considered by an increasing number of over 55s as a way to help financially plan for retirement. Equity can be released via a lump sum or in stages [...]

By |2019-07-19T16:43:17+01:00July 23rd, 2019|Uncategorised|0 Comments

Equity Release 2019

EQUITY RELEASE MARKET RECORDS BUSIEST START TO ANY YEAR AS PROPERTY WEALTH HELPS MEET DIVERSE FINANCIAL NEEDS £936m of housing wealth unlocked by homeowners aged 55+ during Q1 2019, an 8% increase year-on-year Total customers served between January and March increased by 10% annually to reach 20,397, including 10,854 plans agreed Despite market’s growth, [...]

By |2019-07-19T16:42:21+01:00July 16th, 2019|Uncategorised|0 Comments