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MARKET UPDATE 10.10.2022
Inflation continued to dominate the markets, US Fed governor Waller said last week that more needs to be done on interest rates and that the Fed should not pause until it sees firm evidence that inflation is easing. Comments were echoed by Chicago Fed governor Evans, who called for policy to be more restrictive and sees…
The UK Budget and Your UK pensions
With the UK Autumn Budget set for 26 November 2025, there’s already plenty of chatter about what might change – especially when it comes to pensions. But before you start making any big decisions, let’s look at what you really need to do right now. What are some of the rumoured changes? There’s speculation that…
Bank of England Governor Announces Inflation Rise
The governor of the Bank of England, Mark Carney, has announced that the fall in the value of Sterling will result in a rise of inflation on goods and services, starting with food prices in the next few years. Mr. Carney spoke at a public roundtable where he announced the rise, and warned that the…
Financial week in a glance: what’s been trending
In the international news Tesla and SpaceX CEO, billionaire Elon Musk sold about $8.5bn of Tesla stock after announcing he will buy Twitter for $44bn, a milestone moment for the 16-year old social media platform, which will take it from being a publicly-owned company to a private one. His takeover is expected to be completed…
Using Home to Fund Retirement is a “Delusion”
Using Home to Fund Retirement is a “Delusion” says former Minister Steve Webb, Britain’s former Pensions Minister, has stated that planning to downsize your home to secure a retirement income is a “delusion”, according to the BBC. He said that the 3 million British people who are relying on their homes for retirement are in for…
How to help your retirement income last when costs are rising? Few more tips
In the previous article we started talking about planning your pension to ensure you have enough money to sustain your lifestyle throughout your retirement. Here are a couple more things to consider when organising your finances today. Consider other sources of income. It’s worth considering whether you have other sources of income that could let…