Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 3 min read

Future rate rises, past crashes and 'the private banker in your pocket' - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

Are you ready for an interest rate rise? With Bank of England governor Mark Carney hinting last week inflation had further to climb, this Financial Times article considers the personal finance implications of any interest rate rise that could soon follow. Rates on savings accounts may have ticked up an average of 34 basis points in September, according to Moneyfacts, but the piece notes investing in the stockmarket has tended to offer the best chance of a real long-term return. According to figures from Fidelity - ever the advocate of ‘time in' as opposed to ‘timing'  the market - £15,...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA: Most firms unable to meet bereavement claims performance levels

FCA: Most firms unable to meet bereavement claims performance levels

Call for improved bereavement handling times

Cameron Roberts
clock 22 November 2024 • 3 min read
ETF providers launch unlisted share classes to tackle slow MPS adoption

ETF providers launch unlisted share classes to tackle slow MPS adoption

Technological and cost barriers

Valeria Martinez
clock 22 November 2024 • 5 min read
Advisers expect regulation to limit time taken on giving advice

Advisers expect regulation to limit time taken on giving advice

Industry expects it will constrain their ability to meet demand

Isabel Baxter
clock 22 November 2024 • 2 min read