Think carefully about how action taken now could affect your retirement As more people worry about money and are struggling financially as a consequence of the coronavirus (COVID-19) pandemic, it’s likely that reducing or stopping their pension contributions may be an option to ensure they survive financially.
Global equity markets put in a robust performance last week, gaining 2.0% in local currency terms with the US leading the way. Despite June normally being the weakest month of the year, equities have resumed their upward course after a pause in May. Month-to-date, global equities are up 2.1% in local currency terms and a larger 3.7% in sterling terms, … Read More
COVID-19: third of retirees fearful due to negative impact Six years on from pension freedoms, non-advised savers aged over 50 are facing a ticking time bomb at retirement, according to a new survey. 66% of those saving into a defined contribution pension and 58% of those who have already retired have either no firm plans or no plans at all … Read More
Markets last week were dominated by just one event – the meeting of the US Federal Reserve on Wednesday which caught investors on the hop. The Fed updates its economic and interest rate forecasts once a quarter and these were the source of the surprise. The infamous ‘dot plot’ showed 13 out of the 18 Fed members now projecting one … Read More
Time to widen your range of investment choices? If you have accumulated a number of Individual Savings Accounts (ISAs) over the years, keeping them all in one place could give you better control and help you save money. There’s a common misconception that you can’t move your existing ISAs from one provider to another.
Equity markets continued their upward trend last week. Global equities gained another 0.5% and are now up around 13% since the start of the year. The continuing gains, despite now being in traditionally the weakest time of the year for equities, can be largely put down to the bond markets. 10-year US Treasury yields fell 0.10% last week to 1.47% … Read More
How much will it cost to enjoy life in later years? Long-term care covers everything from residential and nursing homes to home care. It is provided by a range of different organisations, including local authorities, the NHS and private and voluntary organisations. But choosing the right care setting for ourselves or a relative is not something which many of us … Read More
Equity markets have started June on a positive note and, so far at least, are ignoring the fact that June is traditionally the weakest month of the year. Global equities rose 0.7% in local currency terms last week and are now some 1% above their high a month ago. The good performance has not been confined to equities. Government bonds … Read More