Increased investor confidence in equity funds over the last few months has been evidenced by a leading Index1, with UK investors at their most bullish in almost three years. Equity fund inflows reached £2.01bn in January, one of the top ten months on record and the highest since April 2021. In addition, the January Index […]
Category archives: General Financial News
What could this election year have in store for investors?
If elections have consequences, as Barack Obama said, then 2024 looks like being a highly consequential year. Some 64 countries are due to hold elections this year (including the US, India, Brazil, Russia and very probably the UK), representing over half of the global population and, in economic terms, half of the world’s gross domestic […]
A plan to grow the economy
With the Office for Budget Responsibility (OBR) predicting the UK economy will expand by 0.8% this year, and by 1.9% in 2025, Jeremy Hunt delivered his last Spring Budget ahead of the General Election, highlighting reforms aimed to ensure the tax system is simple, fair, keeps pace with economic developments, and supports public finances. Expectations […]
The financial pitfalls that primarily affect women
Research1 has shone a spotlight on the financial challenges that prevent women from accumulating the same wealth as their male counterparts. The report found that having children continues to have a disproportionately large impact on women’s finances, as do other life events such as the menopause. The findings Amongst the report’s findings were the following […]
The sophisticated scammers targeting YOU
According to a study from NatWest1, seven in 10 people have been targeted by scams over the last 12 months. Vulnerabilities brought on by cost-of-living challenges have likely contributed to the high numbers. Sadly, 13% of people have fallen prey to such scams, which are growing in both number and sophistication – targeting young and […]
Living the retirement dream
Research1 has revealed that the ultimate retirement dream is actually very simple – financial security for the rest of your life. This is according to a survey1, which questioned 2,000 respondents aged 50 and over on their aspirations for later life. Hopes and dreams Nearly all the respondents to the survey (94%) said that financial […]
Are you due a midlife MOT?
Just to be clear, we’re not talking about your physical health here (that’s the doctor’s remit). We’re talking about a check-up to assess your financial wellbeing. And we’re asking because nearly one in six people aged between 45 and 54 are now making significant financial sacrifices to ensure their pension pots are up to scratch […]
In the news
Pension Tracing Service swamped People who think they could be missing out on thousands of pounds in pension savings have flocked to the phonelines to try and track down their lost money. Through a freedom of information request, it has come to light that The Pension Tracing Service received a total of 251,733 phone calls […]
Sleep easy in 2024
If you’re losing sleep over your finances, you’re not the only one. According to research1, nearly half (45%) of UK adults are lying awake at night because they’re worrying about money. The squeeze on people’s finances caused by the cost-of-living crisis is understandably a large part of this wave of insomnia, with those surveyed saying […]
Powering up your pension
Paying a lump sum into a pension can be a particularly effective way to save for your future. If you have accumulated extra money from a windfall, work bonus or through saving, now could be the ideal time to power up your pension with a single contribution. Above and beyond One-off pension payments are permitted […]