The main headline from the 2016 Budget was the introduction of a new lifetime ISA (LISA) for the under 40s from 6 April 2017. The government are essentially dipping their toe in the water to gauge take up and popularity. If it flies, it could have a significant impact on the UK’s current pension system….read more
Uncertainty and volatility were key themes over the past quarter as a result of the UK Government’s announcement about the EU referendum, high profile terrorist attacks in mainland Europe, the EU migrant crisis, Japan announcing negative interest rates and general ongoing concerns about Chinese growth.
The quarter end reporting season has become a dominating feature in the lives of the Psigma Investment Team. To be clear, I am not referring to the corporate results confessionals but rather the documents that my team lovingly construct and compile to update our investors and market our wares to potential clients and introducers (many thanks to all of you who read them!). I have managed this time around to upset my team even more than usual by ‘jogging on’ to the US for three weeks around the quarter end; firstly for a well-deserved (in my view) holiday and most recently for a brief research trip….Read more
Last week a survey by Legg Mason Global Asset Management found that a whopping 92% of millennials with assets of at least £699,000 are planning to buy an annuity…..Read more
With the EU Referendum now only two months away, it is no surprise that press coverage on the implications of the most important event in Europe in years is hotting up considerably.