The 6th April marks the start of the new tax year. We have summarised the key tax allowances relevant to personal financial planning. The personal income tax allowance. There was no change to the personal allowance in the budget on 11th March, it remained at £12,500 meaning that individuals can earn £12,500 before paying income…
Summary of market movements in March
What a month March was… it will surely be looked back on in history school classes in the future. As the world tries to fight the impact of the coronavirus (Covid-19) from a health perspective, most countries are in lockdown and economies are on hold. Major governments have provided unprecedented financial support packages for business,…
What will happen to company dividends?
Commentary from Quilter Cheviot who manage some of our discretionary investment portfolios: With a recession expected in the US and Europe, many investors are now questioning what will happen to company dividend payments, which some may rely upon to provide an income. While we are in the early stages of the pandemic and there is…
Market update 27th March
Following, global equity market falls in February and the first half of March, the last week has been a roller-coaster ride with large falls and gains being a regular daily occurrence. In fact, it was reported on Thursday that the US equity market had entered a bull period (this happens when there has been a…
Update from the Openwork investment committee
Openwork Investment Committee – Investor Update March 2020 In this difficult time, we hope that you and your family are all well and managing through this extraordinary and tough period. The Openwork Investment Committee met on Tuesday 24 March. We discussed all the following investments, some of which you may hold: • Omnis Funds • Openwork…
Thoughts from Toni Meadows, Omnis Investments Ltd
Toni Meadows, Chief Investment Officer at Omnis investments shares his view on the pathway out of this: A lot has happened in the last week as the virus continues to spread across the world. I wanted to give you a quick update and my views on the pathway out of this and what the future…
Market update 20th March
Market update from Omnis Investments: As the Coronavirus has continued to spread around the globe, financial markets have become increasingly turbulent. The S&P 500 index of US stocks has risen or fallen by 4% or more on each of the past eight trading days while volatility (as measured by the Vix index, otherwise known as…
Investment Q&A from Quilter Cheviot
Quilter Cheviot, who manage a number of our discretionary investment portfolios, have today provided this Q&A investment update in relation to the Coronavirus: Market performance for the second week of March (9-13), was exceptional, with most major stock markets down by double digits – the UK was down by 17%, Europe 18%, Japan 16% and…
Market update 16th March
Investment update from Omnis Investments: Yesterday evening, the Federal Reserve (US central bank) lowered interest rates to zero, its second emergency cut since the crisis began. The Fed also announced an increase to its bond buying programme – known as quantitative easing – and a range of other measures designed to ensure that the financial…
Market update 13th March
Investment update from Omnis investments covering this week: With markets already reeling from the continued spread of coronavirus, Monday’s tone was dictated by the failure of OPEC to agree measures to support the oil price. Instead, Saudi Arabia promised to flood the market with supply, sending oil prices down some 25%. UK equity indices, of…
