The Covid-19 pandemic has seen the values of many investments fall. But lower values can have a useful upside. ‘It’s an ill wind that blows nobody any good.’ So it is with the drop in the value of shares and investment funds that has occurred since the start of 2020. It’s worth remembering, however, that […]
Blog – 2 Columns
The government could end up borrowing five times as much as it expected on Budget day. In the Budget on 11 March, the Office for Budget Responsibility (OBR) estimated that in 2020/21, the government would have to borrow about £55bn to make up the difference between what it spent and what would be raised in […]
The Covid-19 pandemic has highlighted many aspects of life which had previously gone unnoticed or ignored and found the holes. The full extent to which supply chains are global is an obvious example. Our reliance on internet connections and their surprising robustness when the world turned to Netflix and Zoom is another. Of crucial importance […]
In a rare move, the rules for what constitutes an income fund have been changed. What counts as an income fund? The Investment Association (IA), the trade body for investment fund managers, sets detailed criteria for no less than 39 different investment sectors, ranging from Japanese Smaller Companies to Volatility Managed. The IA also monitors […]
Criminals continue to take advantage of the coronavirus pandemic to commit fraud, as a scam involving the purchase of pets, such as puppies and kittens, continues to be reported to Action Fraud. So far, 669 people have lost a combined total of £282,686 in March and April, after putting down deposits for pets they have […]
Any discussions involving money can be uncomfortable and particularly so when it involves the transfer of wealth from one generation to the next. However, the next 30 years are expected to see the largest ever intergenerational passing of wealth, as Baby Boomers pass on assets to their heirs. Baby Boomers have been the wealthiest generation […]
Life is full of surprises and not all of them good. With this in mind, having the right level of protection in place is essential. Once protection is in place, it’s worth reviewing it regularly to ensure you have the right cover as your circumstances change over the years.
Action Fraud received 41 reports of a scam email purporting to be from HM Government asking for donations to the NHS during the COVID-19 outbreak.
2020 sees an old plan mature and its replacement given a boost.
One of the few surprises in March’s Budget was that the Chancellor never mentioned inheritance tax (IHT) or expected simplification measures.
One of the more controversial pension tax rules was slightly reformed in the Budget.
The Bank of England’s two unscheduled base rate changes in March took interest rates to a new all-time low.