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Residential care home bills costing between £50,000 and £93,000 eating up half the value of homes in some areas

20 March 2017

insight

The typical person entering residential care will face total bills of between £50,000 and £93,000 depending on where they live according to research from Royal London. Variations in house prices around the UK mean that this could amount to anything from 18% to 56% of the value of the average house.   For residents in the […]

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Five key questions about the US interest rate rise

17 March 2017

insight

A. J Bell’s investment direction Russ Mould considers the implications of the third 0.25% interest rate hike from the US Federal Reserve. He looks at the five key questions, all of which have implications for the US and global economies and therefore investment portfolios 1) What degree of interest rate increase has historically been needed […]

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House prices now 7.6 times annual earnings in England and Wales up from 3.6 times in 1997

17 March 2017

insight

On average, working people could have expected to pay around 7.6 times their annual earnings on purchasing a home in England and Wales in 2016 rising from 3.6 times earnings in 1997 according to a report by the Office for National Statistics. This means the median price paid for residential property in England and Wales […]

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Average amount owed per adult in unsecured borrowing hits £6,372

13 March 2017

insight

Almost three quarters (73 per cent) of UK adults admit they currently have some form of unsecured borrowing, such as personal loan, bank overdraft or credit card, with a third (33 per cent) of those admitting they rely on credit to get by every month. The average amount owed per adult is £6,372, up five […]

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Self employed should be allowed to divert NI rise into retirement fund argue pension experts

10 March 2017

insight

The self employed should be allowed to divert at least some of the planned National Insurance rise into their own private pension provision to put them on an equal footing with employees who have access to workplace pensions and contributions, experts have said. As the Government grapples with demands from Conservative backbench MPs to rethink […]

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Can the market’s optimism survive a mad March?

7 March 2017

insight

By Jaisal Pastakia, Investment Manager at Heartwood Investment Management Risk asset markets have begun the year firmly, underpinned by a more optimistic economic outlook and signs of reflation. Major US benchmarks and the FTSE 100 are all in record territory, while the cost of protecting against market losses has fallen substantially. Based on this more […]

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AJ Bell publishes this ISA season’s best sellers so far

7 March 2017

insight

Analysis of the top selling investments via AJ Bell Youinvest (www.youinvest.co.uk) so far this ISA season shows: Fundsmith and Woodford top the fund sales table as investors focus on active management Lloyds heads the list of most popular shares as high dividend payers feature strongly Scottish Mortgage tops the investment trust league following its entry […]

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New research finds clear link between healthy living and financial wellness

1 March 2017

insight

Those in poor health are more likely to miss bill payments and have next to nothing in savings according to the latest Financial Wellness Index from Momentum UK. They are also less able to afford lifestyle expenses, such as holidays and socialising, even after factors such as income and social class have been accounted for. […]

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UK wages fall in the last 12 months – now 4.1% lower in London since last January according to UK jobs market report

1 March 2017

insight

Average salaries increased slightly to £32,420 (up 0.3%) in January, but wages fell annually across all regions in the UK, according to the latest UK Job Market Report from Adzuna.co.uk. The employment rate hits 74.6% fuelled by number of women in work and immigration – but job vacancies lowest since January 2016 with the number […]

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Women facing pension contributions gender gap as well as pay gap

22 February 2017

insight

There is a ‘gap’ between the amount that men and women receive in employer pensions contributions, which if left unaddressed could result in a shortfall of £47,000 by the end of a woman’s working life, according to the inaugural Zurich Workplace Savings Barometer. Last year, on average, men under the age of 35 received £217 […]

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