Lifestyle

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Is the UK’s Future in the Far East?

In April it was announced that the UK and Australia had agreed the “vast majority” of a trade deal. Although talks between International Trade Secretary Liz Truss and her Australian counterpart broke up without a deal, both countries were “confident that the remaining issues will be resolved.” The final deal is expected to be completed […]

June Market Commentary

Introduction  In some ways, May was a relatively quiet month. Although, it did bring us the marriage of Prime Minister Boris Johnson, the first PM to marry in office since Robert Jenkinson, 2nd Earl of Liverpool, in 1822. Having eaten a slice of wedding cake and gone straight back to the office, Boris Johnson will […]

This pension tax adjustment could make an enormous difference

A suggested tweak to the rules around accessing money from your pension, tax free, could have really positive ramifications for those looking to make the most out of their retirement. Currently, it is not uncommon for savers to withdraw their entire pension pot in cash. In fact, according to the Financial Conduct Authority data, between […]

Is it time to abandon diversification?

For many years it has been the accepted wisdom that you should diversify your investment portfolio. That means diversifying by types of investments – with say, your exposure to the stock market balanced by more cautious investments in bonds and, perhaps, funds that invest in property. Common wisdom says you should also diversify geographically – […]

Lockdown leads to record number of new businesses

In the middle of May pubs and restaurants reopened after lockdown. Finally, we could have a drink or a meal inside. But what was noticeable was the number of pubs and restaurants that didn’t reopen. Speaking on the BBC News, the owner of one establishment gave a very simple explanation: “we cannot get the staff.” […]

More than half of UK adults now seek financial advice

As we look back on the 12 months since the UK first went into lockdown one thing is abundantly clear – financially, the last year has been good for some people. We’re not talking about the billionaires who have seen their shares rocket during lockdown but rather the many, many people who have saved money […]

Could the UK have its own digital currency?

At a seminar in March, Haruhiko Kuroda, Governor of the Bank of Japan, suggested that the central bank should immediately start “preparing thoroughly” for a future with its own cryptocurrency. While there were no immediate plans to introduce a cryptocurrency Kuroda stressed the importance of being ‘thoroughly prepared’ should the need arise. In April it […]

Can money really buy happiness?

Some people say money can’t buy you love. They also say it can’t buy you happiness. But what if it could? Thanks to extensive research into both human behaviour and psychology, we can come to understand the objects and experiences that contribute most to people’s happiness. We can also decipher how to get our hands […]

No Jab, No Job? Will the Covid-19 Vaccination become compulsory?

Saga, the company that provides insurance and holidays for the over 50s, has just said that it will turn away any cruise passengers who have not been vaccinated against Covid-19 at least 14 days prior to departure. Since November, Australian airline Qantas has stated that passengers will need to prove they have had the vaccination […]

The furlough scheme highlights the importance of income protection

The Government’s furlough scheme has been a lifeline for many throughout the coronavirus pandemic, costing upwards of £73bn and providing income to millions of British workers. At its peak in May, we saw 8.9 million employments furloughed. Although that number has reduced fairly steadily as the year has progressed, preliminary figures for September suggest that […]