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HomeNews2020July

2020 July

  • Wealth Knowledge – July 2020

    • 3rd July 2020
    • Posted by: shayne
    • Category: Wealth Knowledge
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    Base rate cuts have significant effect on savings market Dwindling interest rates have seen average savings rates for ISAs drop to their lowest levels since records began in 2008, according to Moneyfacts. During the first six months of the year, the average easy access ISA rate collapsed to a low of 0.45%, from 0.85% in

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  • Protecting your cash from cyber threats

    • 2nd July 2020
    • Posted by: shayne
    • Category: Risk Management
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    COVID-19 prompts spike in fraudulent behaviour. While the UK tries to deal with the economic impacts from COVID-19, reports are rife of fraudsters stepping up their attempts to access your money.  Since the outbreak of COVID-19, around three in five scams are bank-related, followed by insurance (35%) and pensions (19%).  Worryingly, one in five adults

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  • Tracking and consolidating your pensions

    • 1st July 2020
    • Posted by: shayne
    • Category: Pension
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    Should you transfer or consolidate funds? Around £19.4 billion has not been claimed in 1.6 million lost or forgotten pension pots, according to the Association of British Insurers (ABI). On average, this equates to about £13,000 per pension pot.  The ABI claims providers are attempting to reunite people with their lost pension plans by sending

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