Jeff Lewis, director at RobMac, gives his regular view and assessment of the economic outlook for the next few months taking into consideration the UK election and before the election in the United States. The US labour market demand continues to support economic growth however solid payrolls lower the probability of material US … Continue reading “Strong US economy, “shrinkflation” and tech all combining for a better outlook”
In the recent chancellor’s budget 6 March 2024, there was one significant reduction in tax. This was a reduction from 10% to 8% in National Insurance contributions (NIC) for the majority of employees in the United Kingdom – there are no differences between England, Wales, Scotland and Northern Ireland. This started from April 6 2024. … Continue reading “What does the cut in National Insurance contributions (NIC) mean for you?”
To be more accurate it should say use them or lose them as there are a number of government tax allowances that are available to everyone. You just need to know what they are and how they apply to you. It’s not always easy as the tax system is complex. Why before the … Continue reading “Use it or lose it…before the financial year end”
It’s that time of year again. There are a number of things that are worth checking before the end of the financial year and the start of the new. Over the next few weeks, we’ll look at the main areas of financial planning that might benefit from a review. The five areas for … Continue reading “Tax Planning before 31 March 2024”
Welcome to our Market Meets feature, where we chat to a financial planner at a Christmas market. This Market Meets interview takes us to one of the most beautiful Christmas markets in Europe, Edinburgh. Here, Lisa Doig, a director at Edinburgh-based advice firm RobMac, discusses the next generation of financial advisers and what the challenges are for younger people … Continue reading “RobMac’s Lisa Doig on the next generation of planners”
Every year Baillie Gifford run a series of webinars that look at the major disruption factors that could impact the world’s economy in the future. As a trusted partner, we thought our clients might like some insight into this too. And so we have provided links to each of the discussions that took place. There’s … Continue reading “A look at the major disruption factors that will impact the economy in the future”
In his regular look at the financial landscape, Jeff Lewis, director at RobMac, asks whether cash is a better option than investments. Interest rates are at levels we haven’t seen since before the Financial Crisis, tempting people into cash, and away from investing. So, does investing even make sense anymore? First, it’s … Continue reading “Is cash really king or do investments still give the best returns?”
In his regular commentary, Jeff Lewis, director at RobMac looks at bank interest rates and inflation and their impact on financial markets. The central banks are telling us to expect interest rates to stay high for an extended period whereas we expect big rate cuts in 2024. The hawkish tone is occurring even … Continue reading “Update on inflation and interest rates”
It is a year since RobMac sponsored Thea O’Sullivan to help with her Project Trust teaching role in Ghana. Apart from continuing to support young people with their future ambitions, Project Trust was an initiative we were always interested in as Jeff Lewis, director at RobMac, was part of their programme 40 years ago. Jeff … Continue reading “Thea O’Sullivan speaks to Jeff Lewis about Project Trust”
In his regular look at the economy, Jeff Lewis, director at RobMac, considers upcoming indicators that point to which direction financial markets are heading. The week ahead This is a big week for data in the UK and US. The results will provide clues as to whether the Bank of England (BoE) and … Continue reading “Are we winning the war against inflation?”
