News

It’s the time of year for reflection and looking ahead, a short twelve months since I wrote in a similar vein. Since my last message we have received worrying news of a new variant ‘Omicron’.  We continue to be prudent in how we interact with our clients. We have had...

That was a fairly quiet budget in the end. Lots more spending and very little in the way of tax rises in the 2021/22 tax year. Tax rises are planned for the following years; stealth personal tax rises through freezing of allowances is one of the main money grabbers...

It’s that time of year for reflection and looking ahead. This time, of course, everything seems more momentous than in previous years (I won’t use the word “unprecedented” for reasons which will become apparent). Since my last message we have received good news on...

As lockdown continues to ease, so the markets continue to stutter upwards from the doldrums three months ago. There will no doubt be twists and turns both domestically and internationally as the economic implications of Covid-19 play out, and I reiterate the...

As we await Sunday's 'lockdown' update from the government, please be assured that none of the measures adopted by Shore Financial Planning as a result of Covid-19 will be changed overnight. I will continue to put the welfare of clients and staff at the forefront of...

I am mindful from a business perspective how lucky we are to have remained as unaffected as we have been, thus far. There are many businesses who are reliant on new clients and thousands who have had to close their doors to business altogether. Whilst our revenue is...

It’s time to get your cars topped up with fuel, they’re paying us to take the stuff now. OK, maybe we are not at that point, but the Oil price turned negative this week, more on that later. Thank you to those of you who took the trouble to listen to our webinar last...

Since I last communicated, Covid-19 has struck at the heart of our government and the lockdown goes on. The markets continue to swing daily. As such, it is paramount wherever possible to avoid tinkering with portfolios whilst this volatility prevails. There are...

I plan to keep in touch on a regular basis. Markets have continued their volatility and Boris Johnson has effectively ‘locked down’ the nation. The positive and swift response by western governments to this crisis has been noteworthy, not least to the investment...

I wanted to contact you with my thoughts on the implications of the virus on investments generally, and our business specifically. From an investment perspective, I hope you have taken reassurance from the comments made by Ben, either via our internal communications...

2020 views and outlook To recap on last year’s views I said there were three things to watch for in 2019; Brexit, US China relations and US interest rates. It wasn’t rocket science saying these were the important things to watch out for, and frankly they have been the...

This month Ellie Summers celebrates five years of service with Shore Financial Planning in Plymouth. Ellie has been a key part of SFP’s continued growth, from a small provincial IFA to a nationally recognised organisation overseeing in excess of £150 million of...

Chancellor Philip Hammond spent much of today’s spring statement warning about the effects of a no deal Brexit. At the same time he was extolling the virtues and the strengths of the UK economy.   I’ve no doubt the Chancellor had two statements prepared for today,...

With the end of the tax year fast approaching, many will want to consider getting their tax and investment affairs in order sooner rather than later. Here is a handy guide to things you should be considering (in no particular order). Many tax efficient...

As I reflect on last year’s views, it’s fair to say I got it reasonably wrong! I was correct about there being another leg of the bull market. In the US President Trump’s tax cuts propelled the US economy into stratosphere and the S&P to record highs driven in part by...

So the pollsters got it partially right this time. However in the partisan US where President Trump divides opinion like no other before him maybe it wasn’t too difficult predicting the Democrats would win control of the lower house. The slight surprise, if you...

In this budget the chancellor didn’t announce anything of huge significance for personal financial planning. The announcement with the widest impact is the increase in the Personal Allowance; from April 2019 to £12,500 (currently £11,850). The level at which higher...

Shore Financial Planning (Plymouth) Ltd have now got ‘Cyber Essentials’ accreditation as a firm, following a rigorous application process. The ‘Cyber Essentials’ logo is now prominently positioned on our Home Page. This accreditation represents our...

2017 has been fascinating in terms of what has and hasn't performed well. Emerging markets have been the big success story driven by Chinese tech stocks and synchronised global growth. Alibaba, Tencent and Baidu have had a phenomenal impact, partly because...

In a widely expected move, the Bank of England’s Monetary Policy Committee (MPC) today raised rates for the first time since July 2007 from 0.25% to 0.5%. Ben Yearsley, Director, Shore Financial Planning: Today’s move had been heavily trailed by Governor Mark Carney,...

The release of the latest Capita Dividend Monitor highlighted the importance of income in the UK market. The £33.3 billion paid in the second quarter was the largest on record and was 14.5% up on the same period last year. Once stripping special dividends and the...

The Conservative government massively underestimated the power of populism. This election turned out not to be about Brexit, but about generational difference in the UK. The Conservatives set the tone early by wanting to means test the winter fuel payment, reduce the...

To support our wonderful, inspirational friend and MS sufferer, Trish Deykin, reach her goal of competing in both the European and World Triathlon Sprint Championships this year, Pilgrims Ice Cream are hosting a send-off party and everyone is invited. They’ll be...

A fairly lacklustre final Autumn Statement today, with very little for those in the investment community. As expected, growth will slow and borrowing will be higher going forward, with Brexit to blame. However, GDP growth of 2.1% in 2016 is still expected to be the...

So ‘The Donald’ has done it. Much to the confusion of the pollsters, the liberal media and the watching world, Donald Trump has done what few thought possible and will be the next president of the United States. He was aided by a very unpopular democratic candidate....

With base rates cut to unprecedented low levels of 0.25%, investors are finding it increasingly difficult achieving a reasonable level of income from their deposits and investment portfolio. Cash rates of 1.5% are the maximum that can be expected from bank accounts –...

As I write this at midday on Friday June 24th, the stock market has recovered some of its poise. Financial stocks that were 25% – 30% down at the market open have recovered somewhat to be only down 20%. The FTSE 100 opened down 8% and is now about 4.5% down. The...

Shore Financial (Plymouth) Limited are raising money for Devon & Cornwall charity ‘Twelves Company’ in a bid to raise important funds for the good work they do. On Friday February 26th, at the Life Centre in Plymouth, SFP employees Jon & Alison Treharne along with...

India                        The recent visit of the Indian Prime Minister Modi has reignited interest in the Indian investment story. It is one that is unique in the world as it is an emerging market story with a population of over one billion that largely speak...

Shore Financial Planning are pleased to have launched an area of our website for clients only. In this section we have included some factsheets with information on various topics, including the latest pension rules, an explanation of NISAs and also how to choose an...

Congratulations to Shelley Fowell who has won Employee of the Quarter Autumn 2015. She has won two tickets to a show of her choice at The Theatre Royal Plymouth....

Markets have been weak cialis holland apotheke. Commodity prices are still falling. Currency wars are endemic. On the face of it, not a great time to be an investor. The last week’s focus has been on China with volatility in stock markets caused by a sharp...

“The Greek referendum result was a fascinating display of turkeys not voting for Christmas, but is ultimately, in my view, irrelevant. The Greeks can’t afford the level of debt that they are currently paying interest on, but their creditors, including countries such...

Shore Financial Planning held their office opening party in June where clients and associates were welcomed to enjoy canapés and pasties. Thanks to everyone who attended what turned out to be a memorable evening. We are currently planning our next event.  

Congratulations to Shelley Fowell who has won Employee of the Quarter Summer 2015. She has won two tickets to a show of her choice at The Theatre Royal Plymouth....

Shore Financial Planning recruits former Fidelity and Succession employees. Jon Treharne joins from Fidelity FundsNetwork. Vicky Burdon joins from Succession. Office move from Millbay to Athenaeum Street. Plymouth, 1st May 2015: Shore Financial (Plymouth) Limited have...