UK growth outlook dominates Spring Statement
The Chancellor’s Spring Statement was overshadowed by the OBR halving 2025 growth forecasts to 1% due to “increased global uncertainty”. Meanwhile, inflation is set to rise. Policy changes are expected to save £4.8bn and restore the government’s planned fiscal headroom.
Which ‘megatrends’ will dominate in 2025 – and beyond?
Megatrends such as AI, energy demand, geopolitical conflict, and ageing populations are reshaping economies and investments—presenting long-term opportunities despite short-term market fluctuations. These powerful forces will drive major global changes in 2025 and beyond.
Your pension and Inheritance Tax (IHT)
Planned 2027 changes may bring unused pensions into an individual’s estate, ending current IHT protections. Uncertainty remains, but pension savers should review plans with advisers now to stay tax-efficient and ensure you are prepared when full guidance is released.
Navigating uncertain times
It’s a challenging time for the economy, but emotional investing can be costly. Stay focused on long-term goals, avoid panic selling, and stick to a disciplined plan. A steady strategy—and trusted advice—can be your strongest asset amidst uncertainty.
Investing for the long term
Looking back a few years, the pandemic brought a rapid end to the drawn-out recovery of major stock markets from the share price lows associated with the financial crisis a decade ago. Yet, history has shown that markets have the resilience to recover over time, rewarding those who remain committed to long-term investing.
Investing in times of uncertainty
There is no doubt that the pandemic, the invasion of Ukraine, and the cost-of-living crisis have resulted in market volatility. Economic and geopolitical events always prompt investors to question whether now is a good time to invest or to remain invested.
The value of financial advice
Throughout our lives, we are all likely to face the need to take financial decisions that can have a major impact on our wealth. Making informed choices – whether about saving, investing, property or tax planning – can help secure your financial future and ensure your money is working as effectively as possible.
Financial advice reduces vulnerability in investors
A study of over 5,000 investors found those who sought financial advice were four times less likely to be financially vulnerable. Advised clients showed stronger resilience, with high confidence in handling financial difficulties, despite facing similar life difficulties as others.
Breaking the taboo: Family tensions over financial matters
Many wealthy individuals avoid discussing financial plans with family, leading to misunderstandings and unrealistic inheritance expectations. Generational differences contribute to tensions. Open discussions about money and inheritance can reduce stress, set realistic expectations, and prevent future conflicts within families
Beware of the dangers of ‘finfluencers’
Financial influencers, or ‘finfluencers’ can raise awareness about money-related matters, but pose risks due to unverified, unregulated advice. Over half of UK adults trusting social media for financial advice don’t verify credibility. Always seek advice from FCA-authorised professionals