Month: November 2017

What does the first interest rate rise in ten years mean for you?

After months of speculation, the Bank of England finally raised interest rates in the UK for the first time in over a decade. The increase from 0.25% to 0.5% might seem small, especially when you consider that the last time the interest rate was increased in July 2007 it was up to 5.75%, but the...

Using the pension freedoms? How to make sure you don’t run out of money in 16 years.

Using the pension freedoms? How to make sure you don’t run out of money in 16 years. Recent research has revealed the alarming statistic that around a third of people are now likely to run out of money after they retire, which could result in their children’s inheritance being severely diminished or even disappearing completely....

Millennials leading the way in saving for retirement

Recent data suggests that millennials are on track to save more than their parents and grandparents, despite their earnings on average being considerably lower. Part of the reason for this is time: simply put, young people have more years ahead of them than older generations until they retire, meaning that any money they put away...

Power of Attorney (LPA)– the case for and against

Setting up a trusted family member or friend with a Lasting Power of Attorney (LPA) ensures that someone else is able to make important decisions for you when you’re no longer in a position to be able to make them for yourself. But this in itself is always going to be a key decision in...

November Market Commentary

Welcome to our November Market Commentary 2017. European News Dominates Over the month both equities and bonds broadly rose in value despite some momentous news flow dominated by Europe. Equity market volatility plumbed yet another record low, with this October ending as the least volatile month in history, based on the VIX index, which is...