Investment Quorum

By IQWealth | Wealth management issues and commentary from multi-award winning UK boutique wealth manager Investment Quorum. www.investmentquorum.com

‘Lethargic’ Government blamed for lost generation that can’t ever retire

It has been the biggest savings shake-up in a generation, and a very long time coming.<p>Way back in 2005 – in response to dire levels of retirement …

Eight things that will (probably) happen to your money in 2018

<b>1. Prices will continue to rise more than your pay for most of 2018</b><p>The cost of living is increasing at a near six-year high of 3.1%, having more than doubled during 2017, largely as a result of the fall in the value of the pound following the EU referendum in June 2016. Meanwhile, average wage …

Season ticket sales slide as passengers rebel against cost of rail travel

The number of rail journeys made using season tickets has fallen to a seven-year low, as passenger groups warn that fare rises are forcing commuters to abandon the train.<p>Figures slipped out by the Department for Transport before Christmas reveal a 9.4% drop in season ticket sales between July and …

Call for crackdown on £300m binary options scam

The Government was urged last night to help protect thousands of British investors at risk of becoming fraud victims.<p>Binary options trading allows …

NEIL CRAVEN: I predict 2018 will see big change on the high street

My prediction for the coming year: the next 12 months will be a watershed moment for the high street. In fact, that moment may already be here.<p>Its …

Why cohabiting couples need wills - Spear's Magazine

<i>If you’re part of an unmarried couple, conscientious will and estate planning is key to circumventing complicated claims when either of you die,</i> …

Teenagers to be automatically added to company pensions for the first time

Hundreds of thousands of teenage workers will save into a pension for the first time under Government plans to dramatically expand its flagship savings programme.<p>The results of the review into "automatic enrolment", the system by which workers are automatically put into a workplace scheme, is set …

Japanese Stocks Have Best Year Since 2013 on Corporate Profits

Japan’s Topix index capped its best annual performance since 2013, though it ended the last trading day of the year lower as some investors adjusted …

Small RBS shareholders renew calls for governance overhaul

Small shareholders in RBS have mounted a fresh bid to overhaul the state-backed bank’s governance processes to give themselves more of a say in how it is run.<p>ShareSoc, a not-for-profit group that represents retail investors, claimed 100 RBS shareholders had backed its call for RBS to create a …

The pound has hit a two-month high on Brexit bill reports

The pound has risen to a two-month high on reports the UK and EU have reached an agreement on the Brexit bill.<p>Sterling reached a high of 1.3431 …

BoE's Carney sees changes to UK financial rules after Brexit

LONDON (Reuters) - Britain’s regulators will tweak banking and insurance rules inherited from the European Union after Brexit to make them more tailored to the British market, Bank of England Governor Mark Carney said on Wednesday.<p>The Governor of the Bank of England, Mark Carney, speaks at the …

Mark Carney

Will my son get first-time buyer stamp duty relief if we get a joint mortgage?

<b>Q</b> I own the house I live in and want to help my son buy a flat. If we get a joint mortgage, what rate of stamp duty will apply given that he doesn’t currently have a property? <b>SG</b><p><b>A</b> If you get a joint mortgage with your son and become the joint owner of the flat, your son will not be able to claim the …

Final salary pension warning: rogue advisers target steelworkers' savings

Steelworkers risk being exploited by financial advisers preying on highly valuable "final salary" pensions, experts are warning.<p>Over 100,000 members of the British Steel pension scheme, one of Britain's largest, have until December to choose what happens to their savings after sponsor Tata Steel …

Budget 2017: first rise in pensions lifetime allowance for seven years

The amount you can save into a pension over your lifetime while still qualifying for valuable tax breaks is to rise for the first time since April 2010, the Government has confirmed.<p>In April 2018 the "lifetime allowance" on pension contributions will increase by £30,000, from £1m to £1.03m.<p>Pensions …

Slump in pound sparks renewed protests by 500,000 expats with 'frozen' state pensions

British pensioners retiring in Europe are one of the few groups who have some certainty of the post-Brexit landscape.<p>A deal to ensure British state pensions paid to ex-pats living in the EU continue to benefit to from the "triple lock" was confirmed in September.<p>The agreement, which also covers …

A call for fairness on tax transparency - Spear's Magazine

<i>The global tax transparency drive is plotting a dangerous course that might bring more unfairness to HNW taxpayers, says Spear's law columnist</i> Ceris …

Death of the savings habit: Amount we put aside plunges

We are now setting aside just £2 out of every £100 of income, according to the government-run Office for Budget Responsibility. That is a huge drop …

Lloyds and Yorkshire Building Society Group close branches

Lloyds Banking Group will close a further 49 bank branches and Yorkshire Building Society will close 13 more. Check the map and table to see if your …

London homes hit record low affordability

The latest Hometrack UK Cities House Price index shows that house prices in London have reached a record 14.5 times average earnings.

Housing

Savings could be under threat if banks go bust

Officials have backed a shake-up of the rules which could prevent customers withdrawing their money for months. At present, they are entitled to all …

The Lowdown on Markets to 24th November 2017

The Lowdown on Markets to 24th November 2017<p><b>World Markets at a Glance</b><p><b>In this week’s issue</b><p>Global equity markets remain resilient but the rally has …

Mark Carney Insists Britain's Banks Could Survive A 'Disorderly Brexit'

But the Bank of England chief said it's 'unlikely' the UK will crash out of EU.<p>Britain’s banks could cope with a “disorderly” Brexit without needing …

‘Pensioner’ – the missing word in the chancellor’s speech

Older people were notable in their absence from Philip Hammond’s budget speech – literally. Unusually, the word “pensioner” didn’t appear once. That’s in sharp contrast to 2015 when George Osborne uttered it five times. Last year, meanwhile, it managed one mention.<p>However, the budget documents did …

British philanthropists give £1.8bn in charity - Spear's Magazine

<i>Wealthy individuals in Britain gave more than £1.8 billion to charity in 2016, marking a major boom in British philanthropy since the financial</i> …

Chancellor's stealth tax on investment policies

Many with certain investment policies or endowments could lose between £20 to £25, but some could lose 'a lot more than this', Royal London Insurance …

Stanley Gibbons' investment arm goes into administration

Stanley Gibbons has been the respectable face of the highbrow world of philately – stamp collecting to you and me – since it was founded back in …

Savers drain their Isas at record rates

Savers withdrew record amounts of cash from their ISAs last month amid dismal returns and spiralling debts.<p>A report by trade association UK Finance …

Taking the P? Sending up 'Price' in Fund Selection

<i>Taking the P is a guest post for Investment Quorum and will appeal to those particularly keen and informed upon investment matters.</i><p>Like Supersonic …

Really proud to be at the installation of The Guild of Entrepreneurs @G_Entrepreneurs new Master @leerobertsonIQ who rang the Dan Doherty memorial bell. Master of @marketors announced an amazing charitable donation to the Dan Doherty Memorial School too! https://t.co/ckPBM2JOJE