With the next 30 years set to witness the largest ever intergenerational passing of wealth, the need for inheritance advice has never been greater. Intergenerational planning, however, can also help with more immediate financial needs, particularly when generations work collaboratively to find solutions that support the whole family both now and in the future. Inflation […]
Monthly archives: October 2022
News in Review
“We are experiencing a fundamental shift in the global economy” Last week, International Monetary Fund (IMF) Managing Director Kristalina Georgieva delivered a speech in Washington DC entitled ‘Navigating a more fragile world.’ She referred to the combined impact of a trio of challenges – recovery from the pandemic, the Ukraine invasion and climate issues – which have […]
If in doubt – talk it out!
According to a recent survey1, 90% of households are worried about rising prices. Financial worries can cause a great deal of stress and anxiety; nearly one in five people say they have lost sleep over soaring prices in recent months2. Money and wealth often feel like a bit of a taboo topic for families. Research3 […]
News in Review
“We live in rapidly moving times” The Prime Minister and Chancellor met with the Office for Budget Responsibility (OBR) on Friday morning to discuss the ramifications of their Growth Plan. In a move widely seen as an attempt to reassure financial markets following a challenging week, the Bank of England stepped in with a £65m […]
The Growth Plan 2022… and the countdown is on
Chancellor Kwasi Kwarteng announced a series of tax cuts and measures on 23 September intended to boost economic activity. At the core of his ambitious Growth Plan were three key priorities: reforming the supply-side of the economy, maintaining a responsible approach to public finances and cutting taxes to boost growth. Pledging a raft of changes […]
Economic Review – September 2022
Chancellor’s Growth Plan In his first fiscal statement since becoming Chancellor, Kwasi Kwarteng hailed a “new approach for a new era” as he unveiled a series of tax cuts and other measures designed to spur economic growth. During a ‘mini-budget’ delivered on 23 September, the Chancellor outlined a Growth Plan centred on the biggest package […]