Month: December 2012

Costs of setting up and having an Equity Release Plan

If you are considering setting up an equity release plan, ask about all fees before making any commitment. Costs and fees for setting up equity release plans vary between different providers. Typically the setting-up costs will include arrangement or application fees that cover the setting-up administration costs, and valuation fees that will depend on how […]

Autumn Statement 2012

Introduction It was a sign of the times that the first official word on George Osborne’s Autumn Statement was a tweet from his boss. David Cameron told his 178,514 followers on Twitter: We are on the right track and making progress. His previous tweet had intimated that the Chancellor would announce further investment in education, […]

Global economy faces hesitant and uneven recovery

The Organisation for Economic Co-operation and Development (OECD), in its latest economic review (November 2012), forecasts that the global economy will make a hesitant and uneven recovery over the coming two years. The report states that decisive policy action is needed to ensure that stalemate over fiscal policy in the United States and continuing Euro-area […]

December Market Commentary

It seems some time ago now, but on Tuesday November 6th Barack Obama defeated Mitt Romney to secure the White House for another four years. World stock markets had risen throughout the day, anticipating his victory. Unfortunately the next day the President ran up against the still-Republican-dominated Congress – and with the US heading for […]