Further good news is that Rolls Royce has won a $2.7Bn order from budget carrier Norwegian Air for a package of new Trent 1000 engines and service support for 19 new 787 Dreamliner aircraft. This is just as well because it looks like the order book for Rolls Royce limousines to oil Sheiks will be slowing down. What a shame.
This week, Google, which is now part of our day-to-day language and activity, showed an impressive share rise by 6%. This pushed its market capitalisation above Apple making it the most valuable Company in our solar system, and possibly beyond.
Lastly, Mark Carney, Governor of the Bank of England has said UK interest rates will remain low until well into next year, and I know many of you will be unhappy about that. Would you like to be happy again? Call us as we have several solutions and will find one that suits you and your circumstances best.
‘Til next time, I’m off for a drive with the family, because I can and cheaply.
Time for action? Call us.
This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.
The value of defined benefit pension scheme transfers in 2018 was an all time-high of £24 billion.
Brexit has led to many unintended consequences surrounding financial services for UK expats living abroad. The main one being that most UK financial advisers will not now be able to advise or manage their clients UK financial products such as pensions and investments whilst their clients are living in the EU. Now the latest hurdle UK financial advisers are facing is Professional Indemnity Insurance (PII) which will not extend to UK expats resident in the EU.