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…
A year in review: Looking back on the year that was 2021 I hope this blog finds you safe and well and looking forward to the coming festivities? You’ll remember last December that we had to cancel Christmas and on the 4th January the Prime Minister announced a national lockdown, instructing people to stay at…
Social Care Reform – What does it mean for you? On the 7th of September, Boris Johnson released the Government’s Social Care Reform Plan. The plan will use national insurance contributions to fund social care and the NHS (for the next 3 years). So what is changing for social care funding? The highlights (from October…
Do you need help to track down missing pensions? Long gone are the days of a “job for life” when school leavers could expect to stay in their first job until retirement. According to AAT a UK worker can now expect to have 6 different job roles throughout their working life. This makes keeping track…
Freedom Day Did anyone else feel that “Freedom Day” was just the same as any other recent “pandemic day”? I guess the Government is trying to be ultra cautious whilst in theory handing back some of the things that they took away from us. Cases seem to have taken off again and are rising dramatically…
Money Money Money! “I don’t want to lose my money” is often one of the concerns that I hear when I talk to clients about investments. However what most clients don’t realise is that is exactly what is happening every year when it is left in a bank or savings account. How? I hear you…
Tax day, Tax day… So I waited with baited breath and pen poised on the 23 March, “Tax day”. Judging from what I’d read in the run up to this first “Tax day” I thought I would have much to report… Changes to pension tax relief… Capital gains tax aligned with income tax… Online sales…
Let’s talk… The Budget 2021 Everyone seems desperate to scribble something about the budget (including us here at Fathom)…. Furlough extended, tax allowances frozen, corporation tax up, universal credit extended…. So what should the conversation be about and what should have been in the Budget? Or was it just about right? There has been much…