THE RESULT IS IN After seven weeks of campaigning and two electioneering suspensions, due to the tragic Manchester and London terror attacks, the jury – in the form of the electorate – has delivered its verdict. After a tense night, the Conservative Party has emerged as the largest party, however they have failed to reach the magic 326 seat mark which would give them a majority. Theresa May’s gamble has not paid off, this general election has failed to deliver…
SAVERS LOOKING TO MIX LISAS WITH PENSIONS
Savvy savers are planning to save both in their pension plan and in the Lifetime Individual Savings Account (LISA), following its launch this April. The new LISA has been designed as a savings vehicle for those aged 18 to 40 who want to save up to £4,000 a year. The government offers a big incentive by adding a 25% bonus, meaning that for every £4 saved, the government adds £1. The money can be used to buy a first home…
LIFE COVER FOR COUPLES
Couples have a lot of things in common, and that can include financial commitments like bank accounts and mortgages. However, when it comes to life insurance it can make sense for each partner to have their own separate policy. SINGLE VERSUS JOINT POLICIES A ‘single’ life policy provides cover for that person only, and pays out the amount of cover provided under the policy if the insured dies during the term of the policy. By contrast, a ‘joint’ policy covers…
PROPERTY MARKET REVIEW MARCH 2017
Our monthly property market review is intended to provide background to recent developments in property markets as well as to give an indication of how some key issues could impact in the future. 45% OF INVESTMENT IN UK FROM OVERSEAS BUYERS The independent property agent Knight Frank has reported that 2016 saw 45% of commercial property investment in the UK coming from overseas investors. This amounted to £1.1bn. The rapid devaluation of sterling, following the Brexit vote back in June…
TEN WAYS TO CHANGE YOUR FINANCIAL HABITS IN 2017
For many, the start of a new year is a time of reflection and a renewed determination to do things differently in the months that lie ahead. Whilst overhauling your finances could seem less exciting than taking up a new hobby or challenge, it could make a big difference to your future wealth. CHECK YOUR MORTGAGE Often a family’s biggest monthly outgoing, it makes sense to check that you’ve got the best, most cost-effective deal for your circumstances. MAKE PENSION…
ECONOMIC REVIEW FEBRUARY 2017
Our monthly economic review is intended to provide background to recent developments in investment markets as well as to give an indication of how some key issues could impact in the future. It is not intended that individual investment decisions should be taken based on this information; we are always ready to discuss your individual requirements. We hope you will find this review to be of interest. STRONG UPTURN INWORKPLACE ACTIVITY SEEN In the latest ‘Household Finance Index’ from IHS…
HOW YOUR INCOME NEEDS CHANGE OVER TIME, AND HOW TO PLAN FOR WHEN THEY DO
Will your need for income change during your retirement years, and if so, by how much? This can be a difficult question to answer and the response is likely to differ from person to person. It will depend on factors that are personal to you such as the age at which you retire and your state of health in your later years. Stock market performance and the impact of inflation also need to be taken into consideration when planning your…