In the 2021 edition of RBC Wealth Management’s Global Insight Outlook, the firm predicts that the economic damage resulting from the pandemic should diminish through 2021, while confidence in a return to a recognisable social and business landscape will likely grow.
Over half of UK adults got into debt this year, with one in four revealing that their debt was a direct result of the Covid-19 pandemic, according to new research.
As the nation emerges from a second lockdown, savers are failing to take advantage of falling markets despite the returns on offer, new research from wealth manager, Quilter, has found.
New research from behavioural finance experts Oxford Risk, reveals that during the early stages of the Covid-19 crisis when stock markets fell sharply, 8 per cent of people with savings and investments either sold some of their investments or took their money out of the stocks markets.
By Stuart Parkinson (pictured), Group CEO, Lombard International – As we head towards the end of an infamously volatile year, we continue to live in rapidly changing and uncertain times, be it geopolitics, the global economy, or evolving international regulations. While there is no silver bullet to navigate uncertainty, the value in foresight with regards to wealth and succession planning, is ever more important and significant.
Paul Craig, portfolio manager at Quilter Investors, comments on the latest developments in the search for a Covid-19 vaccine…
Nearly four in ten (38 per cent) Brits over 55 say Covid-19 has made them more worried about their job security, according to new research by Standard Life. That equates to an estimated 5.8 million people over the age of 55 feeling a sense of job insecurity in response to the pandemic.
By Kieran Fox, Irish Funds – We are all well aware of the human and public health cost which Covid-19 has had since March of this year when its impact reverberated around the globe. Although general consensus is that we still have some way to go until there is a vaccine or other resolution to the pandemic, central banks and regulators are now beginning to look into the effect the crisis had on capital markets during the early days of its impact and seeking to learn lessons from this.
By Nick Toubkin, Senior Client Director (pictured), Strabens Hall – Successful investing for retirement isn’t just a matter of putting your savings into assets and waiting for income and profits to be generated... It is, instead, about playing the long game and keeping an eye on your investments, monitoring performance over a period and having periodical conversations with your adviser.
Almost all (89 per cent) UK wealth and asset managers plan to maintain flexible working patterns for employees first introduced in response to the Covid-19 pandemic, according to a new report by Lloyds Bank.