Annuity rates start to fall as Brexit bites at gilt rates

27 June 2016

insight

Annuity rates are already starting to fall, following the Referendum result and the drop in Gilt yields. Just Retirement and Retirement Advantage have both announced annuity rate cuts this morning, more are likely to follow says Hargreaves Lansdown. Just Retirement’s rates are down by around 2%. Investors who want to buy an annuity are being […]

Read More...

Heartwood gives its views on implications of vote

27 June 2016

insight

Noland Carter, chief investment officer at Heartwood Investment Management, gives his reaction to the UK leaving the EU and the likely implications. The UK electorate has voted to leave the European Union in a once in a generation vote. We believe the likely implications are: Political risk premia will remain high across markets. Other than […]

Read More...

Eleven reasons investors should not panic

24 June 2016

insight

James Klempster, head of portfolio management, and Glyn Owen, investment director, Momentum Global Investment Management discuss what the Leave vote means for investors in 11 points below. 1. Nothing changes immediately in that the UK remains a member of the EU until it triggers the formal exit process, following which it remains a member for […]

Read More...

Expert Opinion: Our view on fixed income hasn’t changed much – investors still need yield

24 June 2016 by Chris Iggo

insight

The markets and the bookies got it wrong. Britain voted to leave the European Union. As expected, the decision triggered a huge risk-off move in financial markets with the pound sinking to its lowest level against the dollar since 1985.   Bond yields are lower because of the flight to safety. In the credit markets, spreads […]

Read More...

Investors buy in to cheaper market – HL lists the top traded shares and funds

24 June 2016

insight

Hargreaves Lansdown says many of its investors are buying into the market today taking advantage of low valuations. The investment platform has also listed the shares and funds it is buying. Hargreaves Lansdown senior analyst Laith Khalaf says: “Private investors are seeing this morning’s market falls as a buying opportunity. Some 80% of the trades […]

Read More...

Brexit – expect a messy divorce says Blackrock

24 June 2016

insight

The UK’s momentous decision to leave the European Union brings long-lasting political and economic consequences.  UK Vote: Out of Europe, reflects the immediate thinking of BlackRock’s strategists and investors on the implications of a Brexit. The UK vote to leave the European Union (EU) sets in motion a long period of political, economic and market […]

Read More...

Three funds to ride out Brexit volatility

24 June 2016

insight

British investors may want to look for funds that help them ride volatility give the vote to leave the European Union says Darius McDermott, managing director of Chelsea & FundCalibre. He says: “This is a defining moment in our history – not least because the polls were right and the bookies were wrong! In terms […]

Read More...

Brexit and pensions – triple lock on state pension and tax relief in peril

24 June 2016

insight

Pension experts have warned that pension tax relief could face the axe in the wake of the United Kingdom’s decision to leave the European Union. They have also suggested that the triple lock system by which the state pension is upgraded may also be in peril. Hargreaves Landown’s pension expert Tom McPhail says: “Pension tax […]

Read More...

Be wary of ‘over-simplified’ conclusions from UK’s vote to leave

24 June 2016

insight

Steven Andrew, Fund Manager of the M&G Income Allocation Fund, on the market’s reaction to the UK’s vote to leave the EU and David Cameron’s resignation as prime minister: There have been significant movements across global financial markets overnight and this morning – some of these moves seem rational, but others may be an over-reaction. […]

Read More...

Analyst Winterflood suggests investment trusts whether it’s Remain or Leave

23 June 2016

insight

Today’s EU referendum has been hailed as a ‘once in a generation event’, although as anyone living in Scotland can testify, such claims have a chimerical quality. What both sides of the bitterly contested campaign can agree on is the importance of the outcome, which will potentially have far reaching consequences for not just the […]

Read More...