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Categories
Archived News
Investment market update: October 2022
Published: November 3, 2022 by Jennifer ArmstrongMuch of 2022 has been marked by investment volatility and economic uncertainty, and October was no different. According to the International Monetary Fund (IMF), there is a rising risk of a global recession. The organisation downgraded its global growth forecast … Continue reading
As interest rates rise, should you overpay your mortgage?
Published: by Jennifer ArmstrongAfter more than a decade of cheap borrowing, interest rates are rising. If you’re paying off a mortgage, making overpayments could save you money. The Bank of England has increased interest rates to tackle high inflation. That means the cost … Continue reading
26% of people without financial protection would like it. Here’s what you need to know
Published: by Jennifer ArmstrongFinancial protection can provide valuable security when times are tough. Research from LV= suggests that many people that don’t currently have protection in place would like it. Here’s what you need to know. Nearly 1 in 5 people admitted they … Continue reading
Interest rates are finally rising for savers, but inflation can still reduce value in real terms
Published: by Jennifer ArmstrongAs interest rates start to rise for the first time in more than a decade, a report suggests that savers are pulling their money out of investments in favour of cash accounts. But while the interest rate may be higher … Continue reading
The UK could face a “retirement savings crisis” as workers aren’t putting enough away
Published: by Jennifer ArmstrongFigures suggest that many households aren’t saving enough to be financially secure in retirement. Calculating what income you’d need to reach retirement goals before the milestone could mean you’re in a better position to reach them. According to a report … Continue reading
Behavioural finance: 6 unexpected ways bias could affect your financial decisions
Published: by Jennifer ArmstrongHow much does bias affect your financial decisions? While you may try to make decisions based on facts, it can be much easier than you think to overlook when your decisions are being influenced by emotions or bias. Last month, … Continue reading