“Don’t worry, Rodney. This time next year, we’ll be millionaires!” That was one of the famous quotes from Del Boy in TV comedy classic Only Fools and Horses. It will take more than a year if you decide to make...
Will minus rates add up for Bank of England? – Birmingham Post article 04.03.2021
Negative interest rates are back in the Bank of England shop window. Few pundits believe such a scenario will actually happen, not least because it could hurt both borrowers and savers. Nevertheless, it remains an option. The Bank revealed in...
Think mortgage broker if you’re struggling for a deal – Birmingham Post article 25.02.2021
The housing market has been bubbly despite all that coronavirus has thrown at buyers and sellers. House prices last month were 5.4 per cent higher than in January 2020, according to the Halifax. HM Revenue & Customs property data jumped...
Paying for the ‘magic money tree’ – Birmingham Post article 18.02.2021
The Government has been borrowing staggering sums to pay for the coronavirus crisis. December alone came in at £34.1 billion, £28.2 billion more than in the same month in 2019. It is estimated that borrowing could reach £393.5 billion by...
EWM donates to SIFA Fireside
A Greater Birmingham firm of chartered financial planners has presented a cheque for more than £1,400 to a charity for the homeless. Eastcote Wealth Management (EWM) has backed Sifa Fireside despite many fund-raising events being cancelled in the coronavirus pandemic....
Covid fall-out fears for women’s pensions – Birmingham Post article 21.01.2021
Fears are growing that the coronavirus crisis could further set back women’s already inadequate pensions. Two recent reports have highlighted the continued disparity between men and women in their respective financial outcomes in retirement. The causes are clear – women...
Could Covid spawn inflation wobbles? – Birmingham Post article 11.02.2021
Are we likely to see significantly higher inflation as we near the end of the pandemic? Were this to happen it would be more important than ever to ensure funds are invested within asset-backed stocks and securities to ensure savings...
Relevant Life Plans prove a protection against the financial effects of coronavirus – Birmingham Post 14.01.2021
Earlier this year we spotlighted how Relevant Life Plans (RLP) had come into their own given the coronavirus pandemic. Just to remind you … an RLP is in essence a tax effective life insurance scheme that allows firms to provide...
Share dividends set to make a comeback – Birmingham Post article 07.01.2021
There is light at the end of the Covid tunnel for investors needing income. Many have been hit hard given the corporate rush to either cut or suspend dividends. It is reckoned that 2020 dividend payments will be around 40...
Executives can make the most of income protection – Birmingham Post article 31.12.2020
Last week I talked about how coronavirus had highlighted the importance of income protection. Well, there is also a ‘version’ for owners and directors of businesses. Executive income protection is similar but distinct. Both kick-start a regular monthly sum if...