Economic Review – August 2023

Data released by the Office for National Statistics (ONS) showed the UK inflation rate fell by more than expected in June, leading analysts to predict that interest rates are now likely to rise less sharply than previously feared. In our economic review this month we begin by looking at the lowering inflation data, and the…

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Investment market update: July 2023

A woman using social media on her phone.

Data from economies around the world indicate business output and confidence could be slowing. Read on to find out what influenced the investment market in July 2023. Despite some data suggesting there could be a downturn in some areas, the International Monetary Fund (IMF) has lifted its global growth forecast for 2023. The organisation now…

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Why emotional decision-making could be costing you investment returns

Figures suggest the average nursing care home costs more than £60,000 a year. If it’s not something you’ve considered as part of your financial plan, doing so could improve your comfort and security later in life.

It can be difficult not to let your emotions influence the decisions you make. When investing, emotional decision-making could be harming your portfolio’s performance and your ability to reach your goals. While you try to make investment decisions based on logic and facts, it can be easy for emotions, from fear to excitement, to play…

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5 powerful reasons to learn more about your pension today

A man and woman looking at some paperwork.

For many people, their pension is a crucial part of their retirement plan. With Pension Awareness 2023 starting on 11 September, it’s the perfect time to learn more about your pension savings. Despite pensions often being essential for reaching retirement goals, a survey suggests many savers lack pension knowledge and don’t plan to seek support.…

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