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?”
RobMac is delighted to sponsor Jack Hannay (son of RobMac director Andrew) and Lewis Scott who have entered this year’s Rut Mountain Race in Montana to raise money for the My Name’5 Doddie Foundation. Jack, Lewis and RobMac are hoping that by raising awareness that even more people will continue to support funding and help … Continue reading “50 km Trail Race in Montana to raise funds for the My Name’5 Doddie Foundation”
In the final article on how grandparents can help with savings and investments for their grandchildren, we look at Bare Trusts. Banish thoughts of nudity or bears! A Bare Trust is actually a simple legal arrangement, so you can give money away but still keep some control. You set money aside Name the … Continue reading “Bare Trusts : the tax efficient option”
It’s been a year since RobMac helped sponsor Thea O’Sullivan as a Project Trust teacher in Ghana. Thea has now returned home and was keen to share her thoughts about her experiences. I have now had time to digest my time in Ghana and begin to reflect. I want to share my final thoughts … Continue reading “Reflections on Ghana one year one by Thea O’Sullivan”
Feeling lucky? Premium bonds are the fun side of saving. Rather than just giving your grandchildren some cash, start saving and give them the chance to win tax free prizes every month. You might create a millionaire! Every £1 Premium Bond bought from National Savings-gets put into a prize draw each month. Numbers are … Continue reading “Premium Bonds – The lucky option”
This week we look at the option of investing in a Junior SIPP for a grandchild. This is a long term investment as the person won’t be able to access the funds until they approach their retirement. Although the thought of a Junior Pension or Junior SIPP might sound a bit odd, but … Continue reading “Is a Junior Pension an investment option for a child or grandchild?”
As part of our series in looking how grandparents can help their grandchildren with investments and savings for their future, this week we are looking at Junior ISAs. Junior ISAs are a good option if you are planning ahead and would like to help your children or grandchildren when they are a bit … Continue reading “Junior ISAs – a way of saving for children”
One or two of us at RobMac are now enjoying the experience of becoming grandparents! And many of our clients are in that position too and often ask us about gifting money to their grandchildren. We therefore thought it would be a good idea to explore some of the options that are available as you … Continue reading “Five ways to save and invest for grandchildren”
