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Latest diary of a fund manager by David Miller

Recent numbers suggest that we might be slipping into 1% territory. Most of the volatility this year has been associated with forced selling by the over-optimistic who are now having to face reality. High borrowing, particularly in US dollars, and wasteful investment in unproductive projects have become unbearable in the absence of growth.

To read the diary in full follow the link below:

https://www.quiltercheviot.com/latest-news/a-1-world-diary-of-a-fund-manager/

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

Is joint-sovereignty on the cards for Gibraltar?

GibraltarThere have been new developments regarding Gibraltar in recent Brexit negotiations and they should give Gibraltarians hope that Spain will refrain from making any unnecessary demands to make things difficult for Britain.

Spain’s foreign minister, Alfonso Dastis, has confirmed that Spain will not “jeopardise” any Brexit agreement in a bid to reclaim the Rock. “I won’t make an agreement between the EU and the United Kingdom conditional on recovering sovereignty over Gibraltar,” Dastis said, speaking to the Spanish newspaper ABC.

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Pension Tracing Service

PensionsSince the Pensions Freedom Act came into force in the UK, in April 2015, there has been a huge outflow of money from defined benefit pension schemes and personal pensions in the UK. Many people have taken advantage of the new flexibilities by having control of their own pension pots.

However, it’s becoming increasingly difficult to transfer from some schemes now, as hurdles have been put in place by some providers.  It is true that these hurdles ensure that individuals are not transferring their pots to unauthorised schemes, but they also act as a “double check” that the advice provided about the pension transfer is from a qualified Independent Financial Adviser (IFA).

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