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Affinity Financial Awareness provides independent financial advice for its existing clients and is part of the Wealth at Work group.*

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Information

*The Wealth at Work group of companies is a specialist provider of financial education and guidance in the workplace as well as investment advice for individuals.

Week ending 19th July 2024.

As expected, the ECB decided to leave their key lending rates unchanged on Thursday at 3.75%.

Market Update – 24th July 2024.

On Monday, US markets opened on a high note, following President Joe Biden’s announcement on Sunday that he would be withdrawing from the US presidential race.

Will the planned defaults for those retiring be in their best interest?

As a result of the new Pensions Bill, announced in the King’s speech, it will be interesting to hear more of the plans for trust-based schemes to be legally required to offer retirement income solutions to members, including default investment options.

40% concerned about not having enough savings for unexpected costs

According to WEALTH at work’s latest research of over 2,000 workers, the biggest financial concerns for the year include not having enough savings for unexpected costs (40%), not being able to save enough for the future (38%),

Accreditations and Awards