What does 2015 have in-store for your investments?

What does 2015 have in-store for your investments?Every month Seven Investment Management gives us their view of the major investment markets. This month they’ve gone even further and look even further forward. What does 2015 have in-store for the major economies of the world and consequently your investments and pensions. Read on to find out. The year that has just passed was one that managed to confound most expectations. It would have been a bold strategist who this time last year, forecast the oil price to halve from $112 per barrel. Yet, at the time ...

Pensions: Pensions Freedom causes scams to soar

Pensions Freedom causes scams to soarThe new Pensions Freedoms will help millions of people access their pension pot more flexibly, but for others it will lead to being scammed out of thousands of pounds. According to new research, since the Budget you are now three times more likely to be contacted by fraudsters trying to scam you out of your pension pot. The research from Phoenix showed that the staggering reach of the scammers: 42% of the 2,000 people surveyed had been contacted by scammers overt the past 10 months More people, 46% would talk to ...

Savings: Are you one of the 25% of savers being ripped off?

Are you one of the 25% of savers being ripped off?New research has found that one in four savers is being ripped off by banks and building societies paying poor rates of interest on savings accounts. The Financial Conduct Authority’s study has found that savers are losing out on around one billion each year in interest, due to low interest rates and the tactics employed by the UK’s banks and building societies. The key findings of the study include: More than 90% of adults in the UK have a savings account, but 25% of savers, ...

Automatic Enrolment: Five million people now enrolled

Automatic Enrolment: Five million people now enrolledThe Government has announced that five million people have now been Automatically Enrolled into a workplace pension. The 5th million person to be automatically enrolled turned out to be Siobhan Sharp, an employee of the Rose Theatre in Kingston upon Thames. Commenting on the news Pensions Minister, Steve Webb, said: “The number of people saving into their workplace pension was chronically low. We are changing that so participating in a workplace pension scheme provided by your employer is no longer a rarity, but becomes the norm.” Small ...