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Good news only, please

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.

Other News

FAQ – Should I Worry About Lifetime Allowance?

Lifetime AllowanceIf you are worried about the Lifetime Allowance (LTA), we understand. LTA is a limit on the amount of pension benefit that can be drawn from pensions schemes without an extra charge being triggered.

Not only can the LTA seem complicated, it can also come across as an instrument that does little more than unfairly punish the most prudent and hardworking of retirement savers, particularly those who have taken advantage of what Albert Einstein once dubbed the “eighth wonder of the world”: compound interest.

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Expats can appeal EU Referendum Act decision

Ballot BoxGood news for British expats who are hoping to prove that the EU Referendum Act 2015 unfairly discriminates against them and their decision to exercise their right to freedom of movement in the EU; they have won the right to launch an urgent appeal against the decision to not grant them a vote in the European Union referendum.

The move comes after Lord Justice Lloyd Jones, sitting with Mr Justice Blake at the High Court in London, earlier ruled that section 2 of the Act did not restrict their rights.

The appeal, which is being led by two British expats, is motivated by a desire to prevent Brexit; an event which would unduly affect the lives of the two million British expats who, should Britain leave the EU, face the possibility of having their lives severely disrupted, together with their plans for their expat regular savings. In fact, according to lawyers representing the expats, they face becoming “resident aliens”.

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