Multi-year lows, record highs, and a pandemic – 2020 by the numbers

Content provided by Beaufort Financial: 2020 was a year quite like no other. A global pandemic the likes of which has not been witnessed in our lifetimes changed the way the world works, and had a huge impact on global markets. A huge decline in the first few months for most equity markets, and a rush to buy protection in the …

The Books I Most Enjoyed in 2020

Throughout the course of a year, I can read anywhere between 10 and 25 books. I read them all for pleasure but some add additional value to my professional life as well. From the many I have read this year these four standout as especially interesting, useful and thought-provoking. Art of Ressiliance by Ross Edgely Bestselling author and award-winning adventurer …

What does the Brexit deal mean for your finances?

Content provided by Beaufort Financial: After more than four years since the 2016 referendum, the UK and the European Union have agreed a Brexit trade deal. But while a compromise has been found, the divorce may still have far-reaching consequences for the money in your pocket. So now a deal is in place, it’s a good time to take stock of your finances …

How To Protect Yourself From The Proposed Capital Gains Tax Hike

Content provided by Beaufort Financial: If you are an investor, own a second home or regularly sell high-value assets, you could soon have to pay a lot more tax. Advisers to the Government have recommended hiking and reforming Capital Gains Tax (CGT) in a move that could raise billions to pay for the spiraling economic cost of coronavirus. If the …

As we say RIP to RPI: Here’s How It Will Affect Pensions

Chancellor Rishi Sunak announced in his Autumn Spending Review that the retail prices index (RPI) will be effectively abolished in 2030. While this is later than was previously assumed, his predecessor having pushed for a faster change, the implications are still important to savers and investors. RPI measures the rising price of goods and services but has been superseded by …

The World In A Week 90 – White House Down

Not to be outshone by its predecessor, 2021 gave us an unexpected first week of the year. Politically, this was going to be an important week in America. We had the final two seats in the Senate being contested, and if the Democrats could overturn the incumbent Republicans, it would give President-Elect Joe Biden a clean sweep and potentially give …

Stamp Duty Boom: Where Next For The Property Market In 2021?

The property market has been on a roll in recent months, but whether or not this can continue into 2021 remains to be seen, with the Stamp Duty cut ending and unemployment rising. At the time of writing the most recent house price index (HPI) from Nationwide Building Society suggested that house prices were growing 6.5% year-on-year in November. This was an …

The World In A Week 89 – “That’s All Folks!”

As Michael Caine famously said in the iconic movie The Italian Job, “You’re only supposed to blow the bloody doors off!” Which seems to sum up 2020 well – it’s not what we wanted, not what we expected, and the ramifications keep rumbling on. Still, we are now into a new year, and surely 2021 cannot be as bad, unpredictable, …