The European Commission cut its economic outlook for the eurozone on Tuesday, predicting it would grow only 1.1 per cent in 2015, down from a forecast of 1.7 per cent just six months ago.
From 1 October 2014 the rules of intestacy have been simplified with the Inheritance and Trustees’ Powers Act 2014.
Italy faces enormous challenges. The Italian economy is in its third recession since 2008, having contracted for the second consecutive quarter by 0.2% in Q2 2014.
From April 2015, People with defined contribution pension savings will no longer have to worry about their pension savings being taxed at 55% on death.
August saw an increased divergence between Japan and the Eurozone, and the US and UK. This will be reflected by the monetary policy stance of central banks in the coming months.
July marked the start of the third quarter of the year and, despite fears of an escalation in political tension, markets have remained very resilient. The FTSE All-World index has risen by approximately 1% this month and both US and UK markets have experienced modest growth.
Throughout May, most asset classes experienced a welcome reduction in volatility.
An opportunity has arisen for an ambitious graduate to join Seabrook Clark as a Graduate Trainee Investment Manager.
April marked the start of the second quarter of 2014, however the sluggish performance of markets so far this year continued.
The end of the tax year offers a natural opportunity for individuals to take stock of their financial position and make plans for the coming years.
