Month: November 2016

Autumn Statement 2016

Chancellor of the Exchequer, Philip Hammond, delivered his first and last Autumn Statement to Parliament on Wednesday 23 November 2016. He announced that after next Spring’s Budget, the annual Budget will move to being held in the Autumn. A Spring Statement will be issued each year responding to the forecast from the Office for Budget...

The ‘cost of dying’ is now racing ahead of the rate of inflation

Recent research has revealed that the cost of dying is now the fastest rising fixed cost in the UK, ahead of costs of living including rent, utilities and food. Funeral costs are also now rising faster than inflation, wages and pensions. The average cost of a funeral within the UK is now £3,897, 44% of...

Savings ‘Moments of Truth’

A recent study has found that around one in three people in the 18-40 age bracket not only are not saving any money for when they retire, but also don’t consider it likely that they will begin paying towards their pension in the future. Many people aged between 30 and 40 said they now felt...

Latest Clearmoney Magazine published

The latest issue of Clearmoney Magazine has now been published. This month we focus on pensions and planning for your future. We look at how “Generation X” is procrastinating when it comes to saving for their retirement, how to design a custom investment portfolio, how to plan for long-term sickness, as well as consolidating pension...

November Market Commentary – US Election Update

Introduction We left you last month having reported on September as a month where ‘nothing much happened’ on the world’s stock markets. For many of the major markets October was much the same: only three of the twelve markets we cover were down in the month, but most managed only small gains. As you’ll see...