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Week 25 In Review

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June 27, 2017

Oil Enters Bear Market For the week ending 23 June 2017 · Crude oil prices decline more than 20% from recent highs · Brexit negotiations begin · BOE governor, economist split over rate moves · MSCI admits China’s A shares · Fed’s Powell OK with relaxing Volcker rule Global equities slipped overall this week, but not before the S&P 500… Read More ›

The UK Company Pension Crisis

The Final Salary Pension Scheme The black hole in Britain’s final salary pension schemes has grown to a record £390 billion, new data suggests. The deficit of all UK private sector defined benefit schemes has rocketed by £135 billion in the past year alone, the equivalent of a £2.6 billion increase every week, JLT Employee… Read More ›

European markets hit fresh highs; US quits the Paris agreement

For the week ending 2nd June 2017 US nonfarm payrolls rose 138,000; March/April revised down European markets hit fresh highs Draghi suggests no immediate policy shift UK polls narrow for Conservatives US quits the Paris agreement U.S. stocks rose for the second consecutive week, bringing the Dow Jones Industrial Average, the S&P 500 Index, and… Read More ›

FTSE 100 Companies Hit With More Pension Woe.

Aggregate pension deficits for FTSE 100 companies have increased over the last 12 months. The aggregate shortfall now stands at 60 billion pounds, 7 billion (11.7%) higher than a year before. UK companies have to measure the deficit or surplus of their defined benefit pension schemes every three years. Tesco and Lloyds bank are among… Read More ›

UK General Election

This week saw Teresa May make an unexpected announcement of fresh general elections, to be held in the United Kingdom on the 8th of June. The following day Parliament overwhelmingly approved to bypass the Fixed Term Parliament Act and proceed with the fresh election. The two major effects on the markets have been to push… Read More ›

Changes to UK Inheritance Tax rules for foreign nationals

After two very successful educational seminars held in the last two weeks with 3 specialist speakers and over 100 attendees I wanted to share some of the topics of discussion as this may very well affect you or someone you know. Firstly, property in the UK; On the 5th of December 2016 the British Government… Read More ›

Market Wrap 2016 & Market Outlook 2017

The past year has seen an unprecedented series of political events that have substantially increased the volatility across all sectors. The year kicked off with the fallout from the Fed’s decisions to raise rates for the first time in nearly a decade. While Janet Yellen expressed a desire to raise rates by 0.25% four times… Read More ›

Post Presidential Election

Political commentators were shocked by last week’s US presidential election result. However, markets have taken the news largely in their stride.While Asian shares dropped by as much as 5% following the election victory US shares had largely recovered by the end of the next trading day. Western markets are now largely higher than they were… Read More ›

Farringdon gets its asset management licence for Singapore

Myself and Martin have been working tirelessly over the last couple of years to get our very own license in Singapore. We decided not to continue our partnership with an IFA down there and decided to get the capital & markets service license instead. This allows us to do way more than we previously thought possible…. Read More ›

New Earth Funds – Factsheet

Farringdon Group of late have been seeing a vast amount of expats who not only have been experiencing bad performance within their portfolios, but high charging structures, frozen funds, ridiculous annual management fees of up to 18%, seriously bad advice, high risk portfolios with low risk appetite, no communication from their advisory and now this,… Read More ›