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Beaufort Analysis 265 – A Bad Moon Rising?

Last week we witnessed a phenomenon not seen for 152 years; a Super Blue-Blood Moon Lunar Eclipse! The second full moon of January was not only larger than normal, it was a certain hue owing to the total eclipse as seen by some in North America, Australia and Asia.
It marked a week which saw most stock markets lose ground after […]

Statehouse joins Beaufort Group

Beaufort Group, the national partnership of independent financial planners, announces the formation of a new Appointed Representative firm, Beaufort Financial (Swindon) Ltd.

The new firm, led by Statehouse Group principal Nick Cowen, will operate from its current office in Hook, near Royal Wootton Bassett, Wiltshire. Nick has an existing team of ten personnel helping him support an established client base of […]

Beaufort Analysis 264 – Now in 3D!

The centre of the economic and financial world was temporarily relocated to the Swiss Alps last week.  The annual World Economic Forum (WEF), held in the alpine town of Davos, brings together the good and the great of politicians, economists and central bankers.  For the first time in a decade, the mood and rhetoric emanating from Davos was cautiously optimistic.  […]

A year on, and I’m still worried about DB transfers

It’s a year since I first wrote about Final Salary and Defined Benefit transfers.

Plenty of water has flowed under the bridge since then. However, there’s still no doubt in my mind that the issue remains the single largest threat to our profession, as well as the finances of many thousands of people.

Over the past few months the events surrounding the […]

Beaufort Analysis 263 – Not open all hours…

The key story from last week was the partial shutdown of US government. Now in it’s third day, the Senate was in session over the weekend and have proposed a short term fix which will extend government funding until 8th February; on the assurance that there will be a separate vote on legislations to protect child immigrants brought to the […]

Beaufort Analysis 262 – Cost of living squeeze

High street spending in the run-up to Christmas increased at its slowest rate for five years due to escalating prices forcing shoppers to spend more on food and other essential items. The news from the British Retail Consortium (BRC) sent a worrying signal to non-food retailers at a time of crucial trading updates for the sector and this has been […]

Beaufort Analysis 261 – Broken Record

This year began as many others do, by breaking records with markets reaching new peaks. At the beginning of every year, we hear of commuters’ grief as rail fares are increased based upon the Retail Prices Index (RPI) at the previous July’s rate. This year, the average rail ticket increase was 3.4%, and whilst this was no record, it was […]

Beaufort Analysis 260 – One bubble to rule them all

The year started with central banks taking centre stage, most notably the Federal Reserve, promising and delivering on its three interest rates raises this year, the most recent of which was announced last week. The Federal Open Market Committee (FOMC), led by Janet Yellen until February, increased interest rates from 0.25% to 1.50%. The forecast for next year is another […]

The problem with DFMs: Who is the client?

In my experience, an ever-greater number of advisers and planners are choosing to outsource investment management, allowing them to focus on what they do best; advise and plan.

Developing a Centralised Investment Proposition and outsourcing investment management to a Discretionary Fund Manager (DFM) is clearly one option that’s becoming more popular:

Defaqto’s Adviser Survey found earlier this year that among the advisers […]

Beaufort Analysis 259 – Are we nearly there yet?

Last week was an emotional roller coaster for all those involved with Brexit negotiations.
On Monday, negotiations started well, but stalled towards the end of the session. It was first thought and later proved that the UK’s Irish connection caused the breakdown; as the Democratic Unionist Party (DUP) wants to leave the EU on the same terms as the UK. The […]