Brunch. The word is synonymous with the expatriate lifestyle in the UAE. Every Friday we descend on the many 5 star hotels in the country and eat & drink ourselves into oblivion. I attended my first brunch of 2016 last weekend – not an overly expensive one. But before I knew it, I had spent … More How Much is Brunch Really Costing You?
Official figures show the UK economy expanded 0.5% in the three months to end of December, making the yearly rate of growth 2.2% for 2015. The data from the Office for National Statistics shows quarterly growth above the third quarter’s 0.4%. However, it leaves annual growth down 2.9% on 2014’s growth rate. Output in the … More UK Economy Grows in 4th Quarter
Children are expensive. This is an obvious fact. From birthday parties to extra circular activities, reaching for your wallet becomes almost second nature and The bank of Mum and Dad becomes one of your most repeated phrases. But sweet 16th’s aside, the importance of putting money away for your kids future is now more important … More 6 Reasons to Start Saving for your Children’s Future… Yesterday
The President of the European Central Bank, Mario Draghi, has not ruled out the prospect of further ECB stimulus,deVere Group reports. Stating that the bank will have to “review and possibly reconsider” monetary policy during its next meeting in March, Draghi also confirmed that the bank’s benchmark rate remained unchanged at 0.05%. The overnight deposit … More More ECB stimulus possible, says Draghi
European markets have recovered slightly following a day where billions were wiped off the value of shares during mayhem on global markets. London’s FTSE 100 index, which monitors the share prices of the 100 most valuable companies trading on the London Stock Exchange, was up 0.4% at lunchtime on Thursday. Earlier, Japan’s main share index … More European Markets Recover Slightly
The UK’s unemployment rate has dropped to its lowest in 10-years in the 3 months up until November, according to the Office for National Statistics (ONS). deVere Group previously reported in December that the rate for the third quarter of 2015 had almost reached the feat, with the UK having to wait a couple of … More UK Unemployment Reaches 10-Year Low
Mondi PLC has the unfortunate accolade of having the most underfunded pension scheme currently within the FTSE 100. The international packaging and paper group is a whopping 56% underfunded, meaning over half of its pension holders would receive nothing if draw down occurred today. Next on this list is Sage Group, closely followed by Fresnillo … More Top 10 Underfunded Pension Schemes
For the majority of clients that I speak to, planning for their own retirement is pretty much at the bottom of the list; behind buying that sports car they’ve always wanted and that dream trip to the Maldives. And who can blame them? retirement for some is 20+ years away for some of my clients, … More Pension or Porsche?