Financial planning update – November 2018

Stock market jitters continue

The stock market jitters that began in October have continued throughout this month.

US markets are now down 8-9% over the last two months, while European markets have lost 6-7% over the same time period and in the UK, the FTSE has dropped by a similar amount. Continue reading “Financial planning update – November 2018”

How does cohabitation affect your pension?

At the recent Conservative party conference, Theresa May announced that legislation would be altered to allow mixed sex couples in England and Wales to form a civil partnership.

While the choice to be married, in a civil partnership or living together as cohabitees is a personal one, it should be noted that, at least from a pension perspective, cohabitation carries certain disadvantages. Continue reading “How does cohabitation affect your pension?”

October market jitters

October has seen a sharp fall across global stock markets; US markets are down around 7% and European markets have lost 5.5%. Meanwhile, in the UK, the FTSE100 has dropped 5.25%.

On the plus side, bond markets have been stable, strengthening slightly over the month. However, in general, this has not been enough to offset the fall in stocks. Continue reading “October market jitters”

Financial planning update – October 2018

1.6 million lost pension pots

According to recent research from the Association of British Insurers (ABI) there may be nearly GBP20 billion sitting in private pensions that people have lost or forgotten about. This is hardly surprising, given that the average person has 11 different jobs over their working life and moves home eight times (likely even more, if they are expats). Continue reading “Financial planning update – October 2018”

How the latest UK stamp duty plans impact expats

Theresa May recently announced plans to introduce an additional layer of stamp duty for overseas buyers of UK property.

This is a move that could obviously affect British expats who are looking to buy a place in the UK; either to rent out or as a home to live in on their return. Continue reading “How the latest UK stamp duty plans impact expats”

This is what you are up against…

A Bloomberg terminal is a fantastic piece of kit.

As well as providing split second information (there is even a feature that lets you track ships carrying commodities as they travel around the world) they also allow subscribers to connect with each other via instant messaging and chat rooms. Continue reading “This is what you are up against…”