News in Review

‘Global cooperation is key to addressing our shared challenges as we emerge from the pandemic’ Chancellor Rishi Sunak stressed the importance of nations working together to tackle supply chain issues at a meeting of G7 (Group of Seven) nations in Washington last week. The meeting of finance ministers and central bank governors discussed the importance […]

Money – In the news

A third enter retirement in debt Retirement. You’ve paid off your mortgage, said goodbye to your colleagues for the last time and now it’s finally time to put your feet up and enjoy some well-deserved rest, free of commitments. That’s the ideal, anyway. Unfortunately, many retirees enter this stage of their lives with significant commitments […]

Wealth – In the news

ESG assets will exceed £36.5trn by 2025 ESG assets are forecast to exceed £36.5trn – over a third of projected global assets – by 2025, according to Bloomberg Intelligence1. The analysis comes as environmental, social and governance factors are becoming increasingly important to investors across the globe. Adeline Diab, Head of ESG and Thematic Investing […]

News in Review

“The global recovery continues, but momentum has weakened” In its latest assessment of world economic prospects published on Tuesday, the International Monetary Fund (IMF) lowered its 2021 global growth forecast slightly to 5.9%. The international soothsayer also stated that risks to economic prospects have increased, while policy trade-offs have become more complex in the ongoing […]

News in Review

“Household saving fell particularly strongly in the latest quarter from the record highs seen during the pandemic” The easing of COVID restrictions has resulted in an economic rebound that has exceeded initial estimates, according to data from the Office for National Statistics (ONS). During Q2, the economy grew by 5.5%, up from the 4.8% forecast […]

LPA overhaul? – consultation launched

During the summer, the Ministry of Justice launched a 12-week consultation into the process of registering and creating a Lasting Power of Attorney (LPA). A handy component of intergenerational wealth planning, LPAs are legal documents, introduced in 2007 to replace the Enduring Power of Attorney, that allow one person (the ‘donor’) to appoint another (the […]