Wishful Thinking or Reality? Comparing our Wish List to Chancellor Hunt’s Autumn Statement As the autumn leaves descended, so did the much-anticipated Autumn Statement from Chancellor Jeremy Hunt. Prior to the announcement, we created our own wish list of things that we believe would benefit our clients here at Fathom. Now that the statement has…
Fathom’s Autumn Statement wish list Here we are on 21 November eagerly awaiting the Autumn statement on Wednesday. I’m sure on 22 November as Mr Hunt gets to his feet there will be much anticipation of what is to come. I’m sure we will hear about “cutting of red tape” and maybe something on…
Let’s Talk About: Medium to Longer-Term Investing vs Deposit Based Savings When it comes to making your money work for you, the choices are vast. The two prominent options are medium to longer-term (5 years plus) investing and deposit savings. While both avenues offer benefits, understanding their nuances is crucial in aligning your financial…
Let’s Talk About: How Minimum Wage Increases Impact Inflation Inflation, the persistent rise in the cost of goods and services over time, is a concern that governments and economists worldwide grapple with. In recent times, the UK has experienced higher-than-expected inflation rates, sparking discussions about its drivers and potential consequences. One factor contributing to this…
Know your future with cashflow modelling Do I have enough money saved? When will I be able to retire? How long will my pension last? The majority of us have considered at least one of these questions, but the answers become even more important the closer to retirement we get. How to answer…
Use it or lose it – How to use your allowances this tax year? The tax year-end is just around the corner, and you may be thinking ‘what should I do before the 5th of April?’ One of the main things we think you should look at is; making sure you are utilising…
Are Annuities Back for good? Many moons ago when I was just a young (and wet behind the ears) financial adviser with Pearl Assurance the only option available to people with a personal pension at retirement (or as they were known back then, retirement annuity contracts) was to buy an annuity. An annuity is simply…
Let’s talk about: Annuities Is the UK in recession? There seems to be a lot of conflicting data, but one thing seems certain (according to the Bank of England and Office for Budget Responsibility) the UK will be in recession in 2023. With the doom and gloom and turmoil of the financial markets you’d be…
Market Update: October 2022 I think it’s fair to say that our resilience and patience as investors is being severely tested. During the last 5 years or so, we’ve suffered market uncertainty following the Brexit vote and the run-up to leaving the EU, COVID19, the war in Ukraine and now the impact of rising inflation…
Let’s talk about the budget: Two weeks on So here we are two weeks on from the budget and it appears that the Chancellor has managed to steer a steady course (remember the fallout from the fiscal event of 23 September 2022). The Government and the Bank of England have had other problems to deal…