INVESTMENT UPDATE: What to make of the as yet undecided US Presidential Election
As you are no doubt aware, the result of yesterday’s US presidential election is not yet known. With 43 states having declared their results, the race is much tighter than the polls predicted and neither Donald Trump nor Joe Biden have enough votes from the electoral college to claim a victory. To do so, they […]
Spreading the risk!
Stock markets do not react well in times of uncertainty and the effects of the pandemic continue to pile pressure on financial markets worldwide. During periods of increased volatility, such as we have seen over the last few months, the importance of spreading risk and considering the longer term, remain constant investment principles. Why diversify? […]
Exchanging contracts? Get insured first.
Purchasing a property can be a busy, stressful time and it can seem like there are a million things to remember. Some things however, are more important to remember than others – for example, getting the right insurance in place at the right time. Many people believe that they only need to take out buildings […]
Mortgage affordability in a post-COVID world
Back in March, the Bank of England slashed interest rates to an all-time low of 0.1%, in a bid to alleviate the severe economic pressure caused by coronavirus. As the base rate cut fed through to mortgage rates and with the continuing pressure of a closed mortgage market, lenders responded by withdrawing mortgage offers, increasing […]
If you are nearing retirement and assessing options for your pension pot, don’t act in haste. Talk to us.
Are you approaching retirement? If you are nearing retirement, you may have been particularly worried about the impact of recent market volatility on your pension assets and perhaps you are reassessing your retirement plans. There are several things to consider if you are planning to retire, which will depend very much on your own circumstances. […]
Talk to us, don’t act in haste. Stay protected!
The coronavirus outbreak has impacted everyone across the globe, leaving many individuals and families in a precarious financial position. The crisis has shown that financial hardship can strike when we least expect it, demonstrating the importance of protection cover. As people’s anxiety about their financial future intensifies, it’s likely that many people will be considering […]
Mortgage Payment Holidays
The Chancellor’s announcement back in March, offering 3-month mortgage payment holidays for homeowners experiencing financial difficulties due to COVID-19, came as welcome news to many people. Mortgage lenders agreed with the Treasury that any customers who are in ‘difficulty’ will be eligible. Initial uptakeRecent data has revealed over 1.2 million mortgage payment holidays have been […]
“In this world nothing can be said to be certain, except death and taxes.”
So… What is cashflow modelling? Financial planning is all about preparing for those things that may not be so certain (and taxes). Plans should be reviewed regularly so they adapt to changes in your circumstances and reflect developments in the wider economy and financial markets. Cashflow modelling, sometimes known as cashflow forecasting takes a view […]
Be Vigilant and Scam Smart
Warnings from a number of UK bodies, including the Bank of England, Financial Conduct Authority, National Crime Agency and Action Fraud have urged people to be vigilant about scams by fraudsters who are taking advantage of people’s fears and capitalising on the COVID-19 crisis. Huge increase in cases Action Fraud has released figures showing that […]
Doing our bit, however small, in uncertain times…
Our fantastic team here at Stan Sherlock Associates has collectively donated groceries and other essential supplies to two vital local charities. Recognising that the COVID-19 pandemic has made life even more difficult for many local people, our team has donated bags of groceries, toiletries and cleaning supplies to the Carlisle Foodbank and Carlisle Key. Many families […]
