Investment market update: November 2022
Globally, inflation and recession risks continued to affect markets in November. Head of the International Monetary Fund (IMF) Kristalina Georgieva suggested that inflation could be nearing its peak. However, the Organisation for Economic Cooperation and Development (OECD) urged central banks around the world to keep raising interest rates to tackle moderate levels of inflation. So,
Experts forecast a recession in 2023. Here’s why and what it means for your investments
Experts are predicting that the UK will face a recession in 2023. While it can be tempting to react to this news by changing your investment strategy, sticking to your long-term plan makes sense for most investors. Read on to find out why. Several factors are contributing to economic uncertainty, including high inflation and concerns
Soaring inflation means tax breaks are less valuable. Find out why here
While many tax allowances haven’t fallen, they haven’t increased in line with inflation either. In real terms, that means they’re less valuable than they once were. It could affect your income, long-term wealth, and what you leave behind for loved ones. As the cost of living and the value of some assets rises, the tax
4 vital things you should discuss when naming a Lasting Power of Attorney
A Lasting Power of Attorney (LPA) gives someone you trust the ability to make decisions on your behalf if you cannot. This can ensure there’s someone taking care of your affairs and advocating on your behalf if you’re ill or lose mental capacity. Naming an LPA is an important step, and it’s one you should
Annuity rates soar 52% in 2022 and could provide security amid uncertainty
Annuity rates are rising, and they could provide retirees with a way to create a secure income during times of volatility and high inflation. Read on to find out if an annuity is something you should consider. An annuity is an insurance product you purchase with a lump sum that will then deliver a regular
