Financial Blog

July Market Commentary

Posted on: 11th July, 2017

June was a fairly quiet month. Well, apart from the chaotic General Election in the UK. Oh – and the decisive win for Emmanuel Macron in the French parliamentary elections. And the start of the Brexit negotiations.

Continue reading

What’s happening with DB pension schemes?

Posted on 11th July, 2017

Defined benefit (DB) pension schemes continue to be a hot topic in the business and financial worlds as an increasing number of people seek to transfer their pensions from a DB scheme. Recent figures suggest that more than four out of five (83%) of financial advisers in the UK have seen an increased demand for such transfers over the last twelve months, with over half (54%) describing it as a ‘significant increase’.

Continue reading

Falling house prices in the UK for the third month in a row

Posted on 11th July, 2017

Recent figures have shown that house prices in the UK fell again in May this year, making it the third month in a row which has seen prices go down. Nationwide, the UK’s biggest building society which carried out the research, stated that this is the first time house prices have fallen in three consecutive months since 2009.

Continue reading

June Market Commentary

Posted on 6th June, 2017

As we wrote last year, ‘It is tempting to think that Brexit is the only game in town.’ Cross out ‘Brexit’ and replace it with ‘General Election’ and the sentiment holds good. But the rest of the world keeps turning – or in May, grinding to a halt as the WannaCry ransomware attack hit more than 250,000 computers in more than 100 countries, with our own NHS being particularly badly hit.

Continue reading

Bill to the Bank of Mum and Dad could reach £6.5bn

Posted on 6th June, 2017

A recent report has suggested that the ‘Bank of Mum and Dad’ will be lending their children over 6.5 billion this year in order to help them onto the property ladder. The projected figure is around 1.5 billion higher than the 5 billion loaned by parents to their offspring in 2016...

Continue reading

Proposed increase on probate fees scrapped

Posted on 6th June, 2017

Following the announcement of the snap general election to take place on 8th June, the government has decided to scrap its plans to increase the legal fees due after a person has died.

Continue reading

May Market Commentary

Posted on 16th May, 2017

It’s difficult to know where to begin this month. In France? Where Emmanuel Macron, the centrist candidate, successfully defeated the far right’s Marine le Pen to become the youngest ever French president, at just 39. In the UK? Where, having declared several times that she saw no need for a General Election, Theresa May summoned everyone to the polls on 8th June.

Continue reading

How will your spending habits change in retirement?

Posted on 16th May, 2017

It will come as a surprise to nobody that retirement is one of the biggest lifestyle changes you’ll ever experience. But as your priorities shift and the free time available to you increases, what you might not be as aware of is the way in which your spending habits are likely to alter too.

Continue reading

The new Lifetime ISA is here: the pros and cons

Posted on 16th May, 2017

The Lifetime Individual Savings Account, also known as the Lifetime ISA or simply “LISA”, is the brainchild of former Chancellor George Osborne and has finally arrived at the beginning of April for those wanting to get their hands on one.

Continue reading

Theresa May calls surprise early election

Posted on 18th April, 2017

During a surprise announcement outside Downing Street on the morning of 18th April, Theresa May set the date of the next UK general election as the 8th June 2017, almost three full years before the previously expected date of May 2020.

Continue reading