Capital Eyes On … the market: the Budget to eclipse all budgets? 18th March 2015

A Budget to eclipse all budgets?Capital Eyes On the market: On the day the Moon eclipses the Sun,  the question being asked is: “does George Osborne’s Budget 18 March 2015 eclipse all others – or not?” 

Follow the link to obtain your complimentary copy of our Budget 2105 Summary Guide…

Are your financial plans still on track following Budget 2015?

The Chancellor of the Exchequer, George Osborne, has delivered his final Budget before May’s general election. We’ve provided our Budget 2015 Summary that looks at the main announcements and significant areas around financial planning.

On page 03, you can see what 10 key announcements from Budget 2015 could impact on your personal financial plans, both positively and negatively.

We’ve also provided a summary of Budget 2015 at a glance on page 04, including news about the introduction of a flexible Individual Savings Account, personal savings tax allowance and confirmed consultation into the re-sale of existing annuities.

A full list of the articles featured in our Budget 2015 Summary appears on page 02.

There may have been a number of announcements in Budget 2015 that could impact on your financial plans, especially around pension freedoms and savings. If you would like to review your current situation to ensure that your plans are still on track, please do not hesitate to contact us.

A Budget to eclipse all budgets?

CLICK ON THE IMAGE LINK TO TAKE YOU TO OUR BUDGET 2015 BUDGET SUMMARY PAGE

 

 

 

Photo Credit: SBG PhotoStock

cmp¦prm¦lua 201503201220¦abai¦apd1113

Posted in Budget, Chartered Financial Planner, Economics, Independent Financial Advice, Markets, News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers & News 25th April 2014

S e w e l l B r y d e n G u n n

Market Numbers & News 25th April 2014
MARKET NUMBERS
..
The FTSE 100 closed at 6685.69 +60.44 points +0.91% on previous weeks close 6625.25
+259.27 points +4.03% against a year ago at 6426.42
..
“In House”, we regard the FTSE 100 index as being somewhat volatile so that direct comparison with more balanced or cautiously constructed portfolios will not always give an appropriate result although reviewing the index is useful as a general guide to market activity in the larger capitalised market.
..
Most sectors showed a mixed response over the previous week.
Sectors which performed well over the last week include:
Oil & Gas (Oil & Gas Producers, Oil Equipment Servicestion), which closed at
8830.79  +1.10% on the week
..
Brent Crude closed at 109.58 (last week 109.53)
Bank of England Base (Repo) Rate at 0.50% (since 05/03/2009)
One Pound GBP buys 1.6812 USD (lw 1.68098 USD) and 1.2149 EUROS (lw 1.2149 EUROS)
Gold PM London Fix at 1301.25 USD per troy ounce (last week 1299.00)
UK FTSE Actuaries Indices 15 year Gilt Yield on 15th of the month approx. 3.09% (year ago 2.27%)
MARKET COMMENT: 
UKRAINE:   The unrest in the Ukraine continues to cause uncertainty in the financial markets.
However late last night things finally seemed to making some progress as Russia stated its support for an end to military operations in the region.
BABY BOOMER TIME BOMB: According to a report from the Institute for Public Policy Research, as the Baby Boomer generation reaches retirement and then moves through into older age, living longer yet not always healthier lives, the demand for Long Term Care Services will outstrip supply of facilities  based on current trends, thus putting a strain on the sector and causing shortages in available care provision. Our own in house view is that in the shorter term, depending on regulation and legislation of this sector, prices for services could well increase at an even faster rate than the already above average inflation rate that we have experienced in the recent past. Care provision is highly labour intensive with some areas of care requiring specialist training over many years. There is always a delay in catch up… Government funding of some of the costs will probably not change this potential supply demand issue.
PENSIONS IN SCOTLAND: Ex Prime minister Gordon Brown has stated his opinion that the cost of administering pensions in Scotland as an independent state would pro rata be considerably more expensive than if Scotland stayed part of the United Kingdom.
A number of prominent companies have already voiced their concerns over an independent Scotland and I doubt we have heard the last of the argument that there appears little financially sensible reason why independence should be considered at all…
Photo Credit: SBG PhotoStock

cmp¦prm¦lua 201403281600¦abai¦apd1113

Posted in Budget, Chartered Financial Planner, Drawdown, Economics, Financial Services, Financial Services Industry News, Independent Financial Advice, Life Assurance, Market Numbers, Markets, News, Pensions, Retirement, Tax Efficient Savings | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers & News 18th April 2014

S e w e l l B r y d e n G u n n

Market Numbers & News 18th April 2014
MARKET NUMBERS
..
The FTSE 100 closed at 6625.25 +63.55 points +0.97% on previous weeks close 6561.70
+381.58 points +6.11% against a year ago at 6243.67
..
“In House”, we regard the FTSE 100 index as being somewhat volatile so that direct comparison with more balanced or cautiously constructed portfolios will not always give an appropriate result although reviewing the index is useful as a general guide to market activity in the larger capitalised market.
..
Most sectors showed an increase over the previous week.
Sectors which performed well over the last week include:
Oil & Gas (Oil & Gas Producers, Oil Equipment Servicestion), which closed at
8734.63 +1.88% on the week
..
Utilities (Electricity, Gas Water & Multiutilities), which closed at 8555.55  +2.06% on the week.
..
Brent Crude closed at 109.53 (last week 107.46)
Bank of England Base (Repo) Rate at 0.50% (since 05/03/2009)
One Pound GBP buys 1.68098USD (lw 1.6722 USD) and 1.2149EUROS (lw 1.2041 EUROS)
Gold PM London Fix at 1299.00 USD per troy ounce (last week 1318.00)
UK FTSE Actuaries Indices 15 year Gilt Yield on 15th of the month approx. 3.09% (year ago 2.27%)
MARKET COMMENT: 
PENSIONS & ANNUITIES:  In the wake of Chancellor Osborne’s Budget based Pensions reform, fund managers are reportedly poised to take on the UK annuities market with aggressive challenges to the existing status quo dominated by life insurers. Up until now fund management companies have found it difficult to enter this particular market because of the restrictive way in which pension based savings were channelled into more or less predictable “end of the line” products. In the end, it may be shown that many years of innovative possibilities have been wasted as a result of these reforms coming so late – then again, this is only a personal point of view…
Nevertheless, a significant number now feel that Chancellor George Osborne has done well to tackle this whole area as robustly as he has – ordinary people now have a better range of choices at retirement and, possibly more importantly, young self employed entrepreneurs starting out on their careers as well as individuals looking to bolster their retirement savings, may well find themselves less sceptical about tying up their money in what many viewed as an overly restrictive long term savings vehicle – this fact in itself may prove a much needed fillip to the much talked about “savings gap” problem.
There is some debate about the risk that pensioners will fritter away their savings. However, on the basis that most people will see that they need to be sensible about their retirement provision and many will indeed seek professional financial planning advice to make sure they and their lifestyle stay on track and “in the black”, it is more likely that the retirement savings market will grow and grow as more seek to hang on to their hard won pension based investments rather than buy an annuity which is considered poor value for money.
According to the Pensions Institute at Cass Business School, the value of defined contribution pension savings is forecast to grow to £1.7 trillion by 2030, making it one of the world’s largest and most lucrative savings markets.

Photo Credit: SBG PhotoStock

cmp¦prm¦lua 201403281600¦abai¦apd1113

Posted in Budget, Chartered Financial Planner, Drawdown, Economics, Financial Services, Financial Services Industry News, Independent Financial Advice, Life Assurance, Market Numbers, Markets, News, Pensions, Retirement, Tax Efficient Savings | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Bank of England “sticks” on Bank Repo Rate…and other news

S e w e l l B r y d e n G u n n

Bank of England Monetary Policy Committee opts for “no change” to the bank base rate.

European shares were slightly higher on this Thursday afternoon having fluctuated for much of the day’s sessions as investors responded to the latest announcements from the Bank of England and US Federal reserve.

The Bank of England announced it was holding interest rates at a record low of 0.5% with asset purchases unchanged at a total of £375 billion which is $629 billion – this was as expected and came after the International monetary fund upped its forecast for UK growth on Tuesday.
At the same time, investor and analyst eyes are on Greece’s first bond sale in four years – looking for evidence of a renewed confidence in a European Union member state that has been beset with economic woes in the recent past? Greece offered 3 billion euros  of 5 year bonds yielding 4.95% attracting some twenty billion euros of demand.
Meanwhile the International Monetary Fund (IMF) believes global activity has broadly strengthened and is expected to improve further in 2014–15, according to the IMF’s April 2014 World Economic Report, with much of the impetus for growth coming from advanced economies. Although downside risks have diminished overall, it suggests, lower-than-expected inflation poses risks for advanced economies, there is increased financial volatility in emerging market economies, and increases in the cost of capital will likely dampen investment and weigh on growth.
Today the FSTE 100 index opened with a dip shortly after followed by a rise to just below 6690 before nose diving down to below the “waterline” of yesterday’s close just after mid morning. The index recovered to just below  6670 over the lunch period before coming off slightly at around 6660.
The last five days have been a mixed bag so far – with yesterday’s index going down as far as 6550 before closing at 6635.61

Photo Credit: SBG PhotoStock

cmp¦prm¦lua 201404091042¦abai¦apd1113

Posted in Chartered Financial Planner, Economics, Economics Central Bank and Treasury, Independent Financial Advice, Market Numbers, Markets, News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Change to use of Government Actuarial Department’s Calculations for Pensions in Drawdown

S e w e l l B r y d e n G u n n

Government Actuarial Department (GAD) Calculations for Pensions in Drawdown

For drawdown plans effected after  26th March 2014, the maximum amount of income that can be taken during a ‘pension year’ will changed from 120% of GAD to 150% of GAD. For drawdown plans effected before this date, the maximum will remain at 120% of GAD until the end of the ‘pension year’.

This has been welcome news and compliments the more widely publicised pension reforms announced by the Chancellor in his Budget 2014.

Of course, deciding what to do with your pension provision at retirement nevertheless still remains one of the more challenging, necessary and also complex areas of Financial Planning. Having the maximum threshold raised is one thing – knowing how to take advantage of it as well as other rules or opportunities is likely to be more important. If you are thinking about retirement, taking some benefits already or even if you are many years away from this point, you would do well to plan it carefully, check how your plans may affect your ongoing cash flow and ability to meet your future liabilities and expenditure and take any required action early rather than leave it.

If you need advice or support with this then please do get in touch. That’s why we are here!

Photo Credit: SBG PhotoStock

cmp¦prm¦lua 201404091127¦abai¦apd1113

Posted in Chartered Financial Planner, Drawdown, Economics, Financial Conduct Authority, Financial Services Industry News, Independent Financial Advice, News, Pensions, Regulations and Compliance, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Change to Pension Projections rules effective 6th April 2014

S e w e l l B r y d e n G u n n

Change to Pension Projections effective 6th April 2014
As of 06/04/2014, the Financial Conduct Authority (FCA) have dictated that pension projections must use ‘real’ (inflation adjusted) rates of return.Where previously it was acceptable to include a note explaining the impact of inflation, now projections “must show only the numeric value of the three real rates of return after the appropriate price inflation assumption has been taken into account, that is, the real rate of projected growth which has been applied to the real value of the contributions”.

They have also replaced the traditional 5, 7, and 9% projections with an ‘intermediate’ rate of real return and “lower and higher rates each maintaining a differential of 3% relative to the intermediate rate”.

For example, assuming inflation of 3% and an ‘intermediate’ rate of 3% real return, the ‘lower’ rate would be 0% (3% minus the set differential of 3); the ‘higher’ rate would be 6% (3% plus the set differential of 3).

(Source: FCA Policy Statement 13/02

http://www.fca.org.uk/static/documents/policy-statements/fsa-ps13-02.pdf).)
(Reference: FCA COBS Projections annex 
http://fshandbook.info/FS/html/handbook/COBS/13/Annex2)

Photo Credit: SBG PhotoStock

cmp¦prm¦lua 201404091042¦abai¦apd1113

Posted in Chartered Financial Planner, Economics, Financial Conduct Authority, Financial Services Industry News, Independent Financial Advice, News, Pensions, Regulations and Compliance, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers & News 28th March 2014

S e w e l l B r y d e n G u n n

Market Numbers & News 28th March 2014
MARKET NUMBERS
..
The FTSE 100 closed at 6615.58 -58.41 points -0.89% on previous weeks close 6557.17
+203.84 points +3.18% against a year ago at 6411.74
..
“In House”, we regard the FTSE 100 index as being somewhat volatile so that direct comparison with more balanced or cautiously constructed portfolios will not always give an appropriate result although reviewing the index is useful as a general guide to market activity in the larger capitalised market.
..
Sectors which performed well over the last week include:
Oil & Gas (Oil & Gas Producers, Oil Equipment Servicestion), which closed at
8585.58 +2.08% on the week
Basic Materials (Chemicals, Forestry & Paper, Mining and Industrial Metals & Mining), which closed at 5398.74 +2.32% on the week
Consumer Goods (Automobiles & Parts, Beverages, Food Producers, Household Goods and Home Cons, Leisure Goods, Personal Goods and Tobacco), which closed at
15351.56 +3.24% on the week
..
Utilities (Electricity, Gas Water & Multiutilities) plateaud, closing at 8539.75  -0.53% on the week following the announcement of the start of an investigation into the UK energy industry and the “big six” energy companies.
..
Brent Crude closed at 108.07 (last week 106.92)
Bank of England Base (Repo) Rate at 0.50% (since 05/03/2009)
One Pound GBP buys 1.6638USD (lw 1.6628 USD) and 1.2098EUROS (lw 1.1941 EUROS)
..
MARKET COMMENT:      Insurance companies whose share values were already reeling from the announcement in Chancellor Osborne’s Budget that pensioners would no longer have to buy an annuity with their pension funds at retirement, found their share values under more pressure as hundreds of millions were wiped of the sector’s market value following another announcement, this time by the Financial Conduct Authority (FCA), that it intends to scrutinise customer service levels, information transparency and appropriateness of investments as part of a wide-ranging probe into some 30 million policies. The stock market “sell-off” (now recovered somewhat) happened amid concerns of a far-reaching investigation into contracts written over 20 years ago.
Generally the financial adviser community has welcomed the news – the insurance industry was by contrast furious about the way the announcement had been made (some six hours after the stock market opened the FCA finally clarified the scope of the probe)
It does appear that finally some of the key issues of concern (allegedly!) over the years are getting a proper airing as part of this particular “reckoning”…

Photo Credit: SBG PhotoStock

cmp¦prm¦lua 201403281600¦abai¦apd1113

Posted in Chartered Financial Planner, Economics, Financial Services, Financial Services Industry News, Independent Financial Advice, Life Assurance, Markets, News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

PENSION DEADLINE: FIXED PROTECTION : 5th April 2014: Gentle Reminder!!

S e w e l l B r y d e n G u n n

Applications for Pension Lifetime Allowance Fixed Protection must be submitted to HMRC by 5th April 2014. (check the conditions first)
The Tax year End deadline approaches quickly…   If you are in any doubt about exactly how much you currently have in pension assets within Pensions Schemes and Personal Pension Plan arrangements, then you should make sure you check not only with your money purchase Personal Pension Plan provider(s) but also any other Retirement Schemes (defined benefit for example). You should confirm what each of these Plans or Schemes holds for you in terms of effective pension fund or equivalent including any benefits which are already in payment and compare the total figure with your current Pension Lifetime Allowance (£1.5m) and the allowance for next tax year (£1.25m) and consider taking action now if you believe your total effective Pension assets already exceed or are likely to exceed the new limit (£1.25m) by the time you expect to take benefits. You should ensure you check the conditions and make sure you are happy before you proceed.
Further general information (but not advice) is available from our website www.3sbg.net under PENSION CHECK and also from  the HMRC website http://www.hmrc.gov.uk

Photo Credit: SBG PhotoStock

cmp¦prm¦lua 201403281041¦abai¦apd1113

Posted in Budget, Chartered Financial Planner, Economics, Independent Financial Advice, Markets, News, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers 21st March 2014, Budget Comment plus Headlines

S e w e l l B r y d e n G u n n

Market Numbers 21st March 2014, Budget Comment plus Headlines
The key take aways from this year’s Chancellor’s Budget on Wednesday were effectively increased ISA allowances (the normal increase at 6th April followed by a further increase to £15,000 for a combined cash and/or equities ISA allowance with effect from July this year) and a change to the way people can access their pension funds (this latter announcement is yet to be fleshed out but effectively halts the requirement for most people to buy a “Compulsory Purchase Annuity” with their pension fund(s) at point of retirement).
Business investment received a helping hand with further incentives announced and the personal allowance of income earned before being subject to tax was raised to £10,500.
..
Comments that the personal allowance should be raised to match the minimum wage – £13,000 – are not without basis and credibility. Nevertheless, setting aside political posturing and the usual “hunt for the loopholes”, the general consensus appears to be that this Budget, with it’s far reaching pension reform, is well received. Of course more can be done – for example the 20% VAT rate, whereby another fifth of the cost of a thing is added to the bill, for the lower paid who just about cover their expenditure with any income earned is effectively a full 20% “income tax” with no personal allowance – it could be argued that some mechanism should be found to return this but perhaps this would be too costly to the Treasury at this stage in our economic recovery.
..
Pensions “will have never had it so good” – by allowing people to access their hard earned pension funds with relatively little restriction, Chancellor Osborne has created a new breed of pensioner who will now have the freedom to choose how to finance retirement that best suits their own situation. There will be many in the Annuity Business who will have thrown their hands up in horror as they saw their pretty much guaranteed way of life swept away as a result of this one single announcement.
..
BUT sensible people who are serious about managing their money will also have realised that with this new found freedom comes a degree of risk and they would do well to get independent financial advice from a suitably qualified professional – Of course I would advocate a CHARTERED FINANCIAL PLANNER such as SEWELLBRYDENGUNN (www.3sbg.net), but then I would, wouldn’t I ?!
..
There are many financial planning assumptions and opportunities which will now need further exploration once the detail of the Budget has been fleshed out.
..
MARKET NUMBERS
..
The FTSE 100 closed at 6557.17 +29.28 points +0.45% on previous weeks close 6527.89
+164.41 points +2.57% against a year ago at 6392.76
..
“In House”, we regard the FTSE 100 index as being somewhat volatile so that direct comparison with more balanced or cautiously constructed portfolios will not always give an appropriate result although reviewing the index is useful as a general guide to market activity in the larger capitalised market.
..
Sectors which performed well over the last week include:
Basic Materials (Chemicals, Forestry & Paper, Mining and Industrial Metals & Mining), which closed at 5276.44 +1.4% on the week
Industrials (including Engineering, Aerospace, Electrical and Support services), which closed at 4540.01 +1.4% on the week
Utilities (Electricity, Gas Water & Multi utilities), which closed at 8585.23 +1.8% on the week.
..
Life Insurance/Assurance (within Financials) took a hit, closing at 7024.30  -2.9% on the week following the Budget Announcement about pensions and annuities.
..
Brent Crude closed at 106.92 (last week 108.57)
Bank of England Base (Repo) Rate at 0.50% (since 05/03/2009)
One Pound GBP buys 1.6628 USD and 1.1941 EUROS
..
A PERSONAL VIEW : by Neil A Sewell:      Copper price declines recently have been noticeable despite no obvious signs of disruption to supply or demand. China has tended to dominate the copper market so it is reasonable to leap to the conclusion that copper stocks languishing in Chinese warehouses point to an easing of demand which is possibly caused by a change in China’s internal credit market. Copper has been used as collateral for credit deals in the past which may well have impacted (up) recent historic copper pricing. Now the signs may be there that perhaps the frequency of such deals is on the wain and the resulting demand for copper is too….(Neil Sewell writes “these are my own views and not those of SewellBrydenGunn nor of SCM Finance)

Photo Credit: SBG PhotoStock

cmp¦prm¦lua 201403232005¦abai¦apd1113

Posted in Budget, Chartered Financial Planner, Economics, Independent Financial Advice, Markets, News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers 21st March 2014, Budget Comment plus Headlines

S e w e l l B r y d e n G u n n

Market Numbers 21st March 2014, Budget Comment plus Headlines
The key take aways from this year’s Chancellor’s Budget on Wednesday were effectively increased ISA allowances (the normal increase at 6th April followed by a further increase to £15,000 for a combined cash and/or equities ISA allowance with effect from July this year) and a change to the way people can access their pension funds (this latter announcement is yet to be fleshed out but effectively halts the requirement for most people to buy a “Compulsory Purchase Annuity” with their pension fund(s) at point of retirement).
Business investment received a helping hand with further incentives announced and the personal allowance of income earned before being subject to tax was raised to £10,500.
..
Comments that the personal allowance should be raised to match the minimum wage – £13,000 – are not without basis and credibility. Nevertheless, setting aside political posturing and the usual “hunt for the loopholes”, the general consensus appears to be that this Budget, with it’s far reaching pension reform, is well received. Of course more can be done – for example the 20% VAT rate, whereby another fifth of the cost of a thing is added to the bill, for the lower paid who just about cover their expenditure with any income earned is effectively a full 20% “income tax” with no personal allowance – it could be argued that some mechanism should be found to return this but perhaps this would be too costly to the Treasury at this stage in our economic recovery.
..
Pensions “will have never had it so good” – by allowing people to access their hard earned pension funds with relatively little restriction, Chancellor Osborne has created a new breed of pensioner who will now have the freedom to choose how to finance retirement that best suits their own situation. There will be many in the Annuity Business who will have thrown their hands up in horror as they saw their pretty much guaranteed way of life swept away as a result of this one single announcement.
..
BUT sensible people who are serious about managing their money will also have realised that with this new found freedom comes a degree of risk and they would do well to get independent financial advice from a suitably qualified professional – Of course I would advocate a CHARTERED FINANCIAL PLANNER such as SEWELLBRYDENGUNN (www.3sbg.net), but then I would, wouldn’t I ?!
..
There are many financial planning assumptions and opportunities which will now need further exploration once the detail of the Budget has been fleshed out.
..
MARKET NUMBERS
..
The FTSE 100 closed at 6557.17 +29.28 points +0.45% on previous weeks close 6527.89
+164.41 points +2.57% against a year ago at 6392.76
..
“In House”, we regard the FTSE 100 index as being somewhat volatile so that direct comparison with more balanced or cautiously constructed portfolios will not always give an appropriate result although reviewing the index is useful as a general guide to market activity in the larger capitalised market.
..
Sectors which performed well over the last week include:
Basic Materials (Chemicals, Forestry & Paper, Mining and Industrial Metals & Mining), which closed at 5276.44 +1.4% on the week
Industrials (including Engineering, Aerospace, Electrical and Support services), which closed at 4540.01 +1.4% on the week
Utilities (Electricity, Gas Water & Multi utilities), which closed at 8585.23 +1.8% on the week.
..
Life Insurance/Assurance (within Financials) took a hit, closing at 7024.30  -2.9% on the week following the Budget Announcement about pensions and annuities.
..
Brent Crude closed at 106.92 (last week 108.57)
Bank of England Base (Repo) Rate at 0.50% (since 05/03/2009)
One Pound GBP buys 1.6628 USD and 1.1941 EUROS
..
A PERSONAL VIEW : by Neil A Sewell:      Copper price declines recently have been noticeable despite no obvious signs of disruption to supply or demand. China has tended to dominate the copper market so it is reasonable to leap to the conclusion that copper stocks languishing in Chinese warehouses point to an easing of demand which is possibly caused by a change in China’s internal credit market. Copper has been used as collateral for credit deals in the past which may well have impacted (up) recent historic copper pricing. Now the signs may be there that perhaps the frequency of such deals is on the wain and the resulting demand for copper is too….(Neil Sewell writes “these are my own views and not those of SewellBrydenGunn nor of SCM Finance)

Photo Credit: SBG PhotoStock

cmp¦prm¦lua 201403232005¦abai¦apd1113

Posted in Budget, Chartered Financial Planner, Economics, Independent Financial Advice, Markets, News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A Week’s View to Friday 31st January 2014

sbg logo 11

A Week’s View to Friday 31st Jan 2014

Market Numbers Tax Matters

SewellBrydenGunn Financial Planning & Wealth Management (Corporate) Chartered Financial PlannersJust what exactly is "New Rules" Independent Financial Advice?Long Term Care Planning & Care Fees Funding

Posted in Camberley Care Fees Funding Advice Services, Care Fees, Care Plan, Economic Reports and Forecasts, Economics, Economics Central Bank and Treasury, Immediate Care Fees Funding Advice, Independent Financial Advice, Later Life Adviser, Long Term Care Fees Planning and Funding Advice, Market Numbers, Markets, Tax Advice and Administration | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,