Services
People
News and Events
Other
Blogs
Richard Eastwood
 

September Market Commentary

  • Posted

Introduction August used to be known as the ‘silly season’. Everyone who made the news was away on holiday, nothing happened and newspapers were desperate to fill their pages. So rather more obscure stories made it into print… That, of...

August Market Commentary

  • Posted

Introduction The news in July really could not have been much worse. The threat of a trade war between the US and China simmered throughout the month, and then on 31st July President Trump ramped up the tension with proposals of a 25% tariff on $200bn...

July Market Commentary

  • Posted

Introduction Let us invite you to travel back in time to June 2016, to the day after the Brexit referendum. Meanwhile, across the Atlantic, campaigning in the US Presidential election is in full swing. You are offered two glimpses into the...

June Market Commentary

  • Posted

Harold Wilson famously said that, ‘a week is a long time in politics.’ A month is a very long time when we come to write this commentary. Looking back to the first few days of May, the Royal Bank of Scotland was announcing plans to...

May Market Commentary

  • Posted

Introduction It looked for a long time that the main headline for this commentary would be the opening salvos in a trade war between China and the USA. The International Monetary Fund published a bullish report on world trade, saying that global...

What is pound cost averaging?

  • Posted

If you’re unclear on what the term ‘pound cost averaging’ means, the simplicity of what it describes is perhaps best demonstrated through an example. Abbie is an investor who has already decided where she wants to make a long-term...

April Market Commentary

  • Posted

Introduction To say that March was a busy month is an understatement. Russia went to the polls to elect a new President and, in the least surprising result of the year, Vladimir Putin won another six year term. With the Chinese Communist Party...

March Market Commentary

  • Posted

Introduction “The first month of 2018 was a good one for the major stock markets which we cover in this Bulletin. We report on 12 markets and 11 of them made gains in January – in some cases, spectacular gains, which many investors would...

Spring Statement 2018

  • Posted

Introduction In 2016 Britain voted to leave the EU and new Prime Minister Theresa May invited George Osborne to consider an alternative career and replaced him as Chancellor with Philip Hammond, the MP for Runnymede and Weybridge...

February Market Commentary

  • Posted

The first month of 2018 was a good one for the major stock markets which we cover in this Bulletin. We report on 12 markets and 11 of them made gains in January – in some cases, spectacular gains, which many investors would regard as more than adequate...

January Market Commentary

  • Posted

Another year seems to have flown by in the space of about five months. December, in particular, seemed to go past in a blur. It was, however, the month when some progress was – finally – made in the Brexit negotiations. It was also the month...

What exactly is Mifid

  • Posted

If you’re an investor, it’s likely that you’ll have heard discussions or read reports around the arrival of Mifid II. It’s just as likely that you won’t have had much idea of what Mifid II is or how it might affect you and your...

December Market Commentary

  • Posted

November was a relatively disappointing month for world stock markets, with the majority of the markets we cover in this commentary losing ground in the month: however, the largest fall was just 3% so there were no real disasters. Pride of place went to the...

November Market Commentary

  • Posted

What’s the saying? ‘Close, but no cigar’. That’s how it was in October as all but two of the markets we cover rose in the month. Brazil’s market did manage to stagger up by just 14 points, meaning it was unchanged in percentage...

What will be in the Autumn Budget?

  • Posted

Following the final Spring Budget delivered in March this year, the Chancellor Philip Hammond is set to deliver his second budget of the year – and the first to be delivered in the new Autumn slot – on 22nd November. Mr. Hammond’s speech...

October Market Commentary

  • Posted

Well, we’re still here. Despite the seemingly best efforts of the leaders of the United States and North Korea – the world is still turning. But September was a month of ‘another day, another North Korean rocket flying over Japan’ and...

Children Can Now Have a Pension!

  • Posted

Yes, it's true - you can open a pension for your child or grandchild. There are various options where a child's pension can be opened and a maximum of £2,880 per annum can be paid in, net of income tax, in a single tax year. The plan...

Average price for first home reaches record high

  • Posted

A recent study has found that the average deposit first-time buyers need to pay on a home has now risen to nearly £33,000. This is thanks to the average price of a first home now climbing to a record figure of £207,693. The Halifax First-Time...

Why retirement is worrying millennials

  • Posted

A recent study by HSBC has revealed the main financial worries of the ‘millennial’ generation, recognised as those born between 1980 and 1997. As its title suggests, the ‘Future of Retirement’ survey focuses primarily on how...

Insurance premiums set to rise due to tax change

  • Posted

Insurance companies have warned that a recent rise in tax could mean that the average family will end up paying £283 more for their premiums every year. The Insurance Premium Tax (IPT) has now increased from 10% to 12%, meaning that the cost of home,...

Make sure you are set to get the full £1 Million IHT Allowance

  • Posted

There is no such certainty as death and taxes, but with many of us living longer healthier lives, planning for our retirement and organising and sorting out our tax affairs are crucial to a contented future! This April sees the introduction of the Residence...

5 things to do before your Year End

  • Posted

With not long left until the end of the financial year, it’s a good time to start thinking about your Year End (if this aligns with the financial year) and ensure you have everything in order in good time to avoid complications or penalties. ...

10 Reasons to Pay into your Pension before April

  • Posted

Pensions remain the most tax efficient way to save for retirement. With the new freedoms removing any lingering barriers to accessing funds and passing on unused funds on death we want to ensure clients don't miss an opportunity for a top up. Here are...

3 new years resolutions for your finances in 2017

  • Posted

Whilst New Year’s resolutions are always made with the best of intentions, the truth is that they often prove difficult to keep beyond the first few weeks in January. The main reason for this is that the goals we set ourselves are admirable but simply...

The Young Are Set To Inherit

  • Posted

A report by the Institute for Fiscal Studies has pointed out that the younger generation are set to inherit more wealth than their predecessors, both in absolute terms and relative to their other sources of wealth. Ranking current pensioners by total...

Only An April Fool Leaves It Too Late - Happy New Tax Year!

  • Posted

As 2016 starts to fade away thoughts turn to planning for 2017. Most of the changes highlighted below won't come into effect until April, but now is the time to start planning try to avoid the tax year end panic. Income tax - hurrah Personal...

Making a Financial New Year Resolution

  • Posted

The 12 Days of Christmas may have been and gone, but as we start 2017 with New Year resolutions and plans, Financial Adviser Richard Eastwood has 22 good intentions to get your finances in order and reasons why you should: ...

Is the Autumn Statement Christmas Come Early or Not?

  • Posted

Philip Hammond’s first Autumn Statement was never going to seem like Christmas come early. But despite the lack of grand spending plans there were some interesting details nonetheless. We’ve summed up the best bits for you ...

Does buy-to-let still pay?

  • Posted

The popularity of investing in property to fund retirement remains prevalent, in spite of the government’s attempts to make buy-to-let less and less attractive. But is buy-to-let investment really a viable alternative to a pension pot, for example? A...

Celebrating 60 years of ERNIE

  • Posted

Long before the Lottery Premium Bonds were considered the route to riches. It’s 60 years this week since they were launched as a savings product in the UK, and this November will see ERNIE make the 350th jackpot winner. They are something I like to...

Why you are never too old to appoint a financial adviser

  • Posted

The true story of a nonagerian You’re never too old to think about the future and one wise 90+ investor has seen her money grow over £40,000 in three years thanks to careful planning with us. Mrs B came to us aged...

Three lessons about retirement from those who have already retired

  • Posted

Retirement is undoubtedly the section of your life which received the largest amount of planning for most people, with much of your working life spent ensuring you can live where and how you want once you’ve retired. However, as with all plans, there...

Alternative investments from childrens books to memorabilia

  • Posted

If you’ve got some spare cash left over from more traditional, structured investments, then you could follow in the footsteps of the growing number of people investing in collectibles. As well as providing something physical to enjoy and look after in...

INSIGHT: Where has the Brexit vote left the investors?

  • Posted

And so it came to pass... There were always going to be fireworks in the financial services sector after a vote to leave. Most experts on the economy predicted it including us – What Brexit Could Mean for Investments But...

Tax Relief on Pensions and the Chancellor

  • Posted

Pearson’s Financial Advisers are keeping a watchful eye on an anticipated announcement soon regarding the overhaul of pension tax relief. Chancellor George Osborne will announce the outcome of a pension tax relief review on 16 March. While he...

INSIGHT: Taxing matters use it or lose it

  • Posted

Turn your New Year resolutions into reality… The end of January marks a key date in the small business calendar – the deadline for submitting online tax returns - but with prudent planning ahead and help from experts it...

Pearson Solicitors Commercial team Supports One Oldham Business Awards

  • Posted

Once again Pearson Solicitors and Financial Advisers are proud to be supporting the Oldham Business Awards. We won Business of the Year in 2013 and last year followed up this success with our Partner Joanne Ormston being awarded...