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Where does the value lie in the client/adviser relationship?

There are many ways that value is expressed in the relationship between a financial planner and a client; the most obvious being the way that an adviser can guide a client towards their financial goals, enabling a client to live the life they want in the future. Offering clear, unbiased advice is also viewed as an

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August Market Commentary

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Introduction  If there was one word that characterised July, it was tension. Tension between Beijing and Hong Kong, tension between China and the US, and tension between China and the UK over Huawei.  The UK made a citizenship offer to up to 3m Hong Kong residents and duly suspended its extradition treaty with Hong Kong.

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What does the stamp duty holiday mean for me?

In his 8 July summer statement, Chancellor Rishi Sunak confirmed that the stamp duty threshold will be immediately raised to £500,000 in England and Northern Ireland, in what some have dubbed the ‘stamp duty holiday’. The rise in threshold lasts until 31 March 2021 and will apply to both first-time buyers and previous owners. Sunak

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Will Covid-19 hasten the demise of cash?

The use of cash was already dwindling in recent years, with cards being the preferred method of payment (especially contactless). Since the outbreak of Covid-19, however, the use of physical money has reduced much further, with many shoppers wary of touching it.              The number of withdrawals from cash machines during lockdown is down by 60%,

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Problems for the Bank of Mum and Dad

With many furloughs coming to an end and an increasing number of redundancies being announced, the Bank of Mum and Dad is being asked to step in on a regular basis to help its adult children with their financial commitments.  Parents are seeing their children’s debt escalate, which is often primarily due to rent payments.

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Summer Statement in brief

The Covid-19 pandemic has had a drastic effect on the global economy, with the IMF predicting “the worst economic downturn since the Great Depression.” Social distancing measures, supply chain disruption and economic uncertainty have caused British economic growth to plummet – GDP fell by a record 20.4% in April.  The government clearly sees increased spending

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What’s your money personality?

We all have a different relationship with money. Recognising your money personality can help you better understand yours. Although no member of each group has exactly the same attitude towards their finances, researchers have identified four common attitudes towards money: Money Worship, Money Avoidance, Money Vigilance and Money Status.  Psychologists think that our internal beliefs

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What is the value of advice?

You’re not going to be surprised that, as advisers, our firm belief is that an advised client will get a better financial outcome than a non-advised client. How to prove, though, that we’re not just biased? What is the actual value of that advice? How can it be quantified?    Most importantly, the value of advice

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July markets in brief

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As much of the West continues to tentatively emerge from months of lockdown measures, June has been an altogether more positive month when it comes to economic news. All the markets we report on rose during the month. The global Black Lives Matter movement and the new Hong Kong security law usurped Covid-19’s position as

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5 key points for becoming financially independent

Financial independence can seem like the holy grail. We may be striving towards it but feel bombarded by lots of conflicting messages on how best to attain it. These five points give an interesting perspective:     Income is not the same thing as wealth Having a high salary can help you accumulate wealth but that’s no

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