Worldwide Financial Planning

This week saw the historic meeting between Donald Trump and Kim Jong-un in Singapore.

Since the introduction of new more liberal pension rules, 53% of pension pots accessed have been fully withdrawn. There is enough bait there for the unscrupulous. In 2016 during a three-month period, one in three people aged over 55 were targeted by pension scams.

This week, Brexit Secretary David Davis has taught us that the best way for a senior cabinet member to secure a date with Theresa May is to threaten to quit.

Perhaps the greatest investment-making decision flaw of all, is the self-inflicted psychological torture of FOLO - the fear of losing out. More often than not, the loss or gain is actually imagined, but that drive leads 250 people per day to fall foul of investment scammers.

This week saw the return of two summer traditions, flash flooding and a European market crisis.

179% for one month’s lending is quite different than the 0.145% charged by the average mortgage lender; in fact it’s 1,234 times as much. Put another way, you will pay as much interest on an unauthorised £100 overdraft as you would pay on a £123,400 mortgage.