BlogThe ins and outs of income protection
Given the current climate, it’s not surprising that income protection is a key concern for many people. Insurers have reported that the number of enquiries about this type of cover rose by more than 1,000% in March as the number of people fearing redundancy skyrocketed. Income protection is an insurance policy that pays out if you’re
June Markets in Brief
May saw a more positive month for most of the stock markets we discuss, despite the COVID-19 pandemic taking centre stage across the globe. India and Hong Kong aside, all major stock markets made gains during the month. The world is tentatively beginning to emerge out of lockdown and there are some signs that the
The effects of Covid-19 on the housing market
The coronavirus pandemic will have long term implications for all aspects of the residential housing market. As restrictions are gradually lifted, the sector is starting to operate again, albeit under social distancing measures. But with the Chancellor confirming that it is “very likely” that the UK is in a significant recession, consumer confidence will be
What will the new normal look like?
The Covid-19 outbreak has provoked a crisis of such enormous proportions that things will not just go back to the way they once were. When some semblance of normality emerges, things will be different. We are set for huge social, cultural and economic changes. It’s unlikely that we will suddenly wake up in a world
The art of armchair travelling
The Covid-19 outbreak has meant that it’s unlikely any of us will be travelling any time soon. However, virtual escapism remains on the cards for anyone with an internet connection. You can now see some of the world’s most amazing travel experiences from the comfort of your chair. Best of all, you don’t even have
How long until the economy recovers?
The COVID-19 crisis will push the country into an unprecedented economic slump. Just how big the slump will be is currently unknown but experts’ predictions aren’t optimistic. One independent forecast by the Office for Budget Responsibility (OBR) warned that the economy could shrink by a record 35% by June, in the case of a three
May market commentary
Right now, even a week seems a long time in the news agenda. Remembering the end of March, when we wrote our last Market Commentary, feels like looking back into a different era. Reflecting back, how did we leave March? With the US having overtaken China as the country with the most confirmed cases of
How to make the most of a Junior ISA nest egg
As of 6 April, the amount you can put into a Junior ISA (JISA) per annum has increased to £9,000 – quite a jump from the previous allowance of £4,368. The tax saving this provides makes it an effective way of building up a nest egg for your children if you want to help with
Technology bringing the generations together
One positive outcome of the crisis has been the way technology is helping us to stay in touch with each other, especially across the generations. Various apps are playing a vital role in keeping us entertained in lieu of all the social events and sporting activities being cancelled. As staying in becomes the new going
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Retirement planning in the time of Covid-19
June 24th, 2020• Comments Off on Retirement planning in the time of Covid-19• Posted By Greenwood
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