Essentially Wealth – Quarter four 2017

A recent report1 has shown that consumers who take financial advice find themselves better off than those who don’t take advice when making major financial decisions.

It’s estimated that people aged 45 to 54 spend more time planning their summer holidays than they do planning their pension1. However, if you want to be able to enjoy holidays in retirement, then you’ll need to have saved sufficient to be able to afford them.

Being aware of a few key financial facts can help ensure we all make the best use of our money and tax allowances.

Just over ten years since the start of the financial crisis, the global economy is well and truly in recovery mode. In the aftermath, investors were blindsided as global equities fell by 38% and UK equities by 46%. Aggressive policy stimulus by governments and central banks were pivotal in reducing the length and depth of the recession.