Insights
Weekly Market Overview
Economic Overview Janet Yellen’s Jackson Hole speech finally brought an end to the summer lull especially after she echoed recent comments by her Fed colleagues and suggested the next rate hike is getting close. In terms of timing, markets still see December as more likely than September but a move next month is now 36%…
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Failure to take professional financial advice is costly
Retirement savers are shunning professional advice and could be losing out on thousands of pounds of income every year in retirement. Many take advice from the wrong people or do not bother at all, says a new survey by pension provider LV=. The firm has corralled retirement savers into nine groups based on how…
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Banking On Income From Big Brands With Bonds
While interest rates and return from gilts and annuities continue to bomb, one place to look for high returns is lending cash to big brand businesses. Corporate bonds are a simple way to invest that are often overlooked by personal investors who worry they need to tie up too much cash for a long…
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Luxury Home Rental Income On The Slide
Rents for prime residential property across the world has dropped for the third quarter in a row, according to the latest data. A survey by international property firm Knight Frank scrutinised rents in 17 major cities and found that they decreased by 0.5% in the first three months of this year. Only six of…
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Gulf states set date for introducing VAT
The Gulf States have finally succumbed to raising taxes in a bid to repair their oil-ravaged finances. The six nations have agreed to introduce a value-added tax (VAT) on goods and services sometime in 2018. The leaders and finance ministers have discussed implementing the tax for some time, but the plunging price of oil…
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Financial Understanding
Money matters too complicated for most adults While pensions, tax, and money matters are becoming ever more complicated, fewer ordinary people understand their finances. Research in the UK and the USA reveal that financial understanding is quite low and that providers and governments need to spend more money on education, rather than offering ever easier…
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