The Government is widely expected to unveil tax cuts and it may also launch a co-ordinated crackdown on Qrops.
Imagine the hypothetical Smith family sitting at home in their 3 bedroom house in middle En`gland. They had a 70 per cent mortgage on their home a year ago but house price collapses of the past year have eroded much of this cushion. Unfortunately, their existing fixed rate deal came to an end this summer. They received a letter from their lender which politely suggested they look elsewhere for a new mortgage as the new rate they could offer the Smiths had increased dramatically.
The UK Government looks set to launch a co-ordinated crackdown on Qrops after Guernsey tightened its rules on pension transfers.
I have been told that I need to periodically rebalance my portfolio. Please explain this and indicate how frequently I should carry it out.
Prudential has appointed Barry O’Dwyer as managing director of retail life and pensions.
There are several arguments that one could currently make for why credit markets look unattractive. These include signals that the US economy is in late cycle, the fact that corporate leverage has been increasing (with 2016 setting a record for the amount of global bond issuance), and that US high-yield default rates have risen considerably […]
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