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October Market Commentary

by TIna

Category: Economy & Market commentary & property & Uncategorized

Just when it was all going so well…

By and large, the news coming out of world financial centres in September was good. In the UK, Jaguar was planning to create 1,700 more jobs and the OECD were revising their growth forecasts upwards. Shares in the US ‘roared to record levels’ as the Federal Reserve decided to continue its $85bn a month stimulus plan and in the Far East there was a thaw in North and South Korean relations as the Kaesong industrial complex re-opened.

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Today’s children will need a £2.4m pension pot!

by TIna

Category: pensions & retirement & savings & social care & Uncategorized

The 800,000 babies born in the UK last year will need to save ÂŁ2.4m into their pension to retire comfortably, while facing rising student and mortgage debt and care costs for their parents. The Office of National Statistics (ONS) recently released figures showing 813,200 babies were born in the UK in 2011/12, the highest number since 1972.

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Pension expectations and pension savings mismatch

by TIna

Category: pensions & retirement & savings & Uncategorized

Following publication of the Office of National Statistics (ONS) latest ‘Pension Trends: Private Pensions 2013′ publication, which reported that the number of active members of occupational pension schemes has reached its lowest level since the 1950s, Scottish Widows is warning that the UK is heading for a ‘perfect storm’ of rising expectations for retirement.

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September Market Commentary

by TIna

Category: Economy & Market commentary & Uncategorized

Economics and politics often make uneasy bedfellows and so it was in August as the threatened US-led intervention in Syria depressed stock markets at the end of the month.

In the UK, David Cameron suffered defeat in the Commons, appearing to totally mis-judge the strength of backbench opposition. If there’s one thing the financial markets don’t like it’s uncertainty and in the last week of August the Prime Minister delivered precisely that.

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