Investment market update: June 2022
Rising inflation and concerns about recession risks continue to place pressure on households and affect economies around the world. The World Bank has slashed its 2022 global growth forecasts from 4.1% to 2.9%. The organisation also warned the global economy is at risk of experiencing stagflation, where economic growth is stagnant, but inflation is high. […]
Business owners, is poor financial wellbeing among your employees affecting operations?
Research suggests that many employees feel like they’re not receiving enough support to improve their financial wellbeing. It could affect business operations, and cost you money too. Financial wellbeing isn’t just about income. It covers things like financial literacy, confidence, and having a good relationship with money. As an employer, you can do several things […]
5 compelling reasons why you should share a financial planner with your family
Money and financial decisions are often seen as a personal matter. However, making your family part of the financial planning process and discussing your goals with them can be valuable. A report from M&G Wealth found that 33% of advised families share the same adviser, with around 57% of those sharing the same adviser as […]
44% of investors wished they’d done more research and it could mean investments aren’t right for them
A worrying survey indicates that many investors don’t fully research their options, and later wish they’d spent more time doing so. While it can be tempting to make quick or emotional investment decisions, you might make ones that aren’t right for you. The research, which was carried out by the Financial Services Compensation Scheme (FSCS) […]
Amid rising inflation, is your financial protection still providing appropriate security?
While you may have noticed your cost of living has increased in the last few months, have you considered how it could affect the security financial protection will provide? According to the Office for National Statistics, inflation increased by 9.1% in the 12 months to May 2022. Across all your essential and discretionary spending, your […]
Should you voluntarily pay National Insurance contributions to boost your State Pension?
The State Pension is often an important part of your retirement income, so should you top up your National Insurance contributions (NICs) to increase it? Even if you have other pensions or income in retirement, your State Pension can be valuable. As it’ll be paid from when you reach State Pension Age for the rest […]