Financial Planning
Much 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 for 2023 to 2.7%. It said financial instability was linked to shocks caused by the […]
As 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 now, inflation can still reduce the value of your savings in real terms. Find out […]
Scammers are taking advantage of financial worries as the cost of living rises. It’s more important than ever that you remain alert to potential fraud. According to Citizens Advice, scammers have targeted more than three-quarters of adults this year – a 14% increase when compared to this time last year. The Financial Conduct Authority (FCA) […]
The State Pension is set to increase by a record amount under the triple lock due to high levels of inflation. If you’re claiming your State Pension, read on to find out what it means for your income. While there had been speculation that the triple lock would be suspended this year, the Conservative Party […]
How 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, you read about why bias occurs and how it can lead to “irrational” decisions through […]
High levels of inflation and economic uncertainty continue to plague the investment markets. Investment portfolios are likely experiencing volatility – read on to find out what has been influencing markets. Despite the doom and gloom statistics, financial services firm JP Morgan suggests that a global recession could be avoided as inflationary pressures ease. As an […]