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April 2023

April Market Commentary
Introduction The defining story of this month has been the collapse of Silicon Valley Bank and the takeover of Credit Suisse by UBS. Not only has this led to many asking if a repeat of the 2008 financial crisis is around the corner, it’s raised questions over what levers central banks can pull as they…

Should I be worried about a new banking crisis?
You can’t have failed to have noticed some rather worrying headlines recently, from the collapse of Silicon Valley Bank, which led to HSBC buying its UK arm for just £1, to the £2.5bn takeover of Credit Suisse by UBS, in a move backed by the Swiss government. Six leading central banks, including the Bank of…

What do the Government’s pension changes mean for you?
The Chancellor of the Exchequer recently delivered his Spring Budget – and among the raft of measures were big changes to pension allowances. As part of the Government’s effort to drive growth, Mr Hunt wants to tackle economic inactivity, as there are over seven million adults of working age who aren’t in work (excluding students)….

When is the state pension age going to rise?
Plans by the French government to raise the retirement age by two years to 64 prompted widespread outrage, with protesters taking to the streets of Paris to make their objections heard. The situation became so serious that police ended up firing tear gas at protesters, King Charles had to cancel his planned state visit to…
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