Blog Post
May 2020 update on Corona Virus and your money
Karen Richardson • May 2, 2020
Can you believe it is already May and we have now been under restrictive movement guidelines for 5 weeks? I do hope everyone is keeping safe and is well, weathering this strange time.
More news will be coming from the government in a week or so as to whether this current guideline continues or relaxes a little, but this week we have started to see a little bit of good news in the market that I was keen to share with you.
Brewin Dolphin has summed it up brilliantly, so it just seemed sensible to share the document they have released. If you have any questions abut how this affects your investments and pension, then please just get in touch and I'll be happy to talk!
Now really is the time to consider you loved ones too - who and what do you have protected? Many customers are taking advantage of my free review on current life and income protection policies, so please do just ask if this is something you need support with!
I just want to finish this bulletin with a little word to the wise.
"Scammers are increasingly leveraging the coronavirus pandemic as a means of targeting savers and investors, with vulnerable consumers at the most risk, the Investment Association has warned.
The IA said this morning (29 April) it has seen growing examples of scammers using techniques such as phishing and "smishing", in addition to more extreme and "aggressive" tactics such as posing as a police officer, in efforts to defraud savers."
Stay safe, stay sensible and stay sharp! Best wishes to all.
Karen
The Myths Dispelled
Schroders is always a mine of information when it comes to forecasts on the Global economy. I particularly liked this piece. It is the first of a series in which Keith Wade, Chief Economist & Strategist, discusses whether the Goldilocks combination of strong growth and low inflation can continue in 2018.
Children born between 2002 and 2011 will have a Chid Trust Fund.
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karen@krfinancialservices.co.uk
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