Worldwide Financial Planning

Over the last few weeks, our CEO Peter McGahan has been writing his weekly column about ISAs explaining that understanding how markets fluctuate is important to taking away the stress of investing. Here are two cool ISA tips for you....

Time will tell how effective the budget announcements will be, by themselves not very would be my guess, but as the start of a long-term plan of targeted pro-growth policies they could have an impact eventually.

Last week's budget didn't reveal any real surprises as much of it was leaked. In this week's column, Peter McGahan looks at the good bits such as the lifetime allowance being scrapped, the extension of free childcare, the increase in funding for nurseries and more.

This week, markets have been focused on jobs. In the UK, privately compiled jobs data has been positive, but we have to wait until Monday for the official government statistics. US jobs data from the private sector has been a bit mixed but overall shows the labour market over there remains quite strong.

The UK has around 2.7million stocks and shares ISA holders enjoying the tax free roll up mentioned in this column. If you aren’t one of them, you should be, if you can be.

If one of the 1,800 ISA millionaires above, decided to take an income from the ISA at just 3 per cent, that is a tax-free income of £37,000.

Through late 2022 and early 2023, bond investors, particularly in government bonds markets, have been at odds with central bank messaging. The US, European and UK central banks have repeatedly given three messages.