What is cashflow modelling?
Posted by centro on Monday 15th of June 2020
“In this world nothing can be said to be certain, except death and taxes.”
Financial planning is all about preparing for those things that may not be so certain (and taxes). Plans should be reviewed regularly so they adapt to changes in your circumstances and reflect developments in the wider economy and financial markets.
Cashflow modelling, sometimes known as cashflow forecasting takes a view of investments, debts, income and expenditure. It takes in to account things like inflation, changes in income and interest rates.
It ...
How secure is your business?
Posted by centro on Wednesday 10th of June 2020
Business protection is a crucial element in a company's financial future, but how many have cover in place?
You may have covered the tangible assets in your business, but have you protected the most important asset; the people who contribute directly to your bottom line?
If the answer is no, you could be putting your business at risk. After all, if you lost a key employee, this could impact the day-to-day running of the business, it could hit profits and create problems repaying an outstanding business loan.
Research by Legal & Genera...
Investment Newsletter- May 2020
Posted by centro on Tuesday 9th of June 2020
Your blog post goes here!
Our expert advice can help reduce your mortgage stress
Posted by centro on Wednesday 13th of May 2020
Moving home is known to be one of life’s most stressful events. In fact, a survey earlier this year, found the process can cause us more stress than other major life events such as having a baby, getting married, starting a new job or getting divorced.
Sorting out your finances
The biggest cause of worry for many is arranging finance for the move. First-time buyers need to save up funds for a deposit, as well as finding the right mortgage and an affordable property. Low- deposit mortgages and saving schemes, like the Help to Buy ISA (whi...
Latest Investment update- 14th March 2020
Posted by centro on Tuesday 12th of May 2020
Omnis Market Update - 14th May 2020
Week ending 8/5/2020– Key TakeAways
Markets: Return to work lifts shares
- Global shares ended the week higher, overcoming lingering concerns about tensions between the US and China and evidence of the toll that the coronavirus pandemic has taken on the global economy (see UK and US sections below);
- The markets rallied as US states and European countries eased lockdown restrictions and the prospect of a subsequent rise in demand boosted oil prices.
- Omnis view: The markets appear to be focusing o...
Staying safe on the internet- Be vigilant and scam smart
Posted by centro on Tuesday 12th of May 2020
Warnings from a number of UK bodies, including the Bank of England, Financial Conduct Authority, National Crime Agency and Action Fraud have urged people to be vigilant about scams by fraudsters who are taking advantage of people’s fears and capitalising on the COVID-19 crisis.
Huge increase in cases
Action Fraud has released figures showing that reports of scams had increased by 400% in March. The majority of reports concerned online shopping scams, with victims purchasing protective products (such as hand sanitiser or face masks) that ...
Coming to terms with market turbulence
Posted by centro on Monday 4th of May 2020
Coming to terms with Market Turbulence
As a direct consequence of the COVID-19 outbreak, global stock markets are suffering a period of turbulence. When markets move significantly it can prove very challenging to hear through the noise and focus on the bigger picture.
Lessons from history
Over recent years many investors have become used to a variety of political, financial and economic factors impacting markets, from the Brexit Referendum and subsequent prolonged uncertainty, to the global financial crisis and even further back to t...
Think Twice Before Cancelling your Protection Policies- 27TH April 2020
Posted by centro on Thursday 16th of April 2020
Think Twice Before Cancelling Your Protection Policies - 27th April 2020
Life Insurance
It’s not for you, it’s for them! Life insurance is for your loved ones to make sure there is a roof over their heads and food on their table. It’s to ensure that they can continue to do the things in life you’d want them to, if the worst happened and you weren’t around.
You would want to be covered in the unlikely event that you were to die from COVID-19.
The cost of life insurance rises as you get older, so retaining your existing policy will h...
Investment update- 23rd April 2020
Posted by centro on Wednesday 8th of April 2020
Latest Investment Update - 23rd April 2020
First of all, in this difficult time, we hope that you and your family are well and continuing to manage through this extraordinary and tough period.
We continue to see significant volatility in global equity markets with large daily falls and gains seemingly now the norm. With this in mind, it is really important that you think twice before taking any action over your pensions and investments.
It was a tough day for global equity markets yesterday (Wednesday 13 May 2020) with most suffer...
Critical Illness can make a difference
Posted by centro on Wednesday 7th of March 2018
Critical Illness cover can make a difference
If you’ve ever turned down a recommendation of critical illness because you can't see the value of it, this real-life case study might make you think again.
Peter Simpson is a successful commercial manager for a Berkshire-based firm. He’s married with three children aged 13, 11 and 9 and has a £297,000 mortgage. His wife gave up work to bring up the kids, making Peter the main breadwinner.
When he was 24, buying his first house, Peter had arranged to see an Openwork adviser who helped him so...