Monthly Archives: September 2014

What next for interest rates?

Posted on September 2, 2014 by - Investment, News

Why the days of ultra-low interest rates look numbered

Inflation figures recently showed a sharper than expected drop in prices, cementing expectations that any rise in interest rates would be delayed until next year. (more…)

Pension decluttering

Posted on September 2, 2014 by - News, Retirement

Have you considered tidying up your arrangements?

It would appear we are now increasingly becoming a ‘consolidation nation’, with many people combining their different contracts and services to make them easier to manage. It’s a growing trend, and new innovations are coming into the market all the time to tempt consumers. The recent launch of ‘quad-play packages’, which now combines mobile, home phone, broadband and TV, are a good example. (more…)

Plugging the household gap

Posted on September 2, 2014 by - News

UK adults forced to borrow money from family members

More than one in four (28%) UK adults have been forced to borrow money from family members, according to new research. With the average amount borrowed by individuals standing at £2,123, the collective family lending economy is now worth around £31billion.
Family Generations & Financial Pressures is the title of the new report from Scottish Widows think tank Centre for the Modern Family and shows that 23% of family borrowers need this support just to cover day-to-day household costs. (more…)

A new-look NISA way to save and invest

Posted on September 2, 2014 by - Investment, News, Wealth Creation

Have you taken advantage of your larger tax-efficient allowance?

The new Individual Savings Account (ISA) rules were introduced in July, giving savers and investors more flexibility and a larger tax-efficient allowance than ever before. Four out of ten people told the consumer organisation Which? that they would save more as a result of the annual limit increasing to £15,000, up from £11,880. (more…)

What’s in your basket?

Posted on September 2, 2014 by - News, Protection, Retirement

Diversifying your assets helps spread risk by lessening the potential for losses

Most investors are used to hearing the term ‘diversification’ – but it has a broader meaning than many realise. Diversification is the process of investing in areas that have little or no relation to each other. This is called a ‘low correlation’. (more…)