I am a great believer in applying logic and common sense to situations and avoiding panic. Unless you are in a burning house panicking probably never really helped anyone at anytime and even in a burning house I’m not so sure it would help.
Last weekend I went out to a restaurant for dinner for the first time in four months. It was fabulous. I’d forgotten what a pleasure it was to be served good food in a decent restaurant. I’d also forgotten how much it costs. Ouch!
There’s been much written over the past couple of days about a survey and report, compiled by CoreData, into the impact of Covid-19.
Financial Planners who have built strong relationships with clients will have seen predictable reactions to recent market movements - but what if we could better predict and understand emotional reactions and investment intentions during these challenging times?
This year, at least since March for obvious reasons, has been a wipe-out for Financial Planner events culminating in the postponement of the Personal Finance Society’s much-anticipated Festival of Financial Planning.
The pandemic is impacting different sections of society in different ways. For example, a recent study by Legal & General suggested that 1.5m people plan to delay their retirement because of Covid-19 and its financial impacts.
We were treated to some astonishing figures from the FCA this week as it attempts to grapple with the huge growth in people buying cryptoassets.
Financial Planners has adjusted remarkably quickly to remote working and video meetings with clients but it has not been easy for some and in many ways is just a speeding up of trends we have seen over recent years.
It’s been on our “to do” list for months, maybe even a couple of years. We’ve deliberated over what it should look like, what it should do and how we would use it. We’ve looked at no end of options out there and we’ve completed the due diligence.
A few years ago I carried out a research project for another publisher and we worked out that all the personal finance magazines put togther would equal only a fraction of the circulation of Women’s Own.
As dawn broke on 17 March, we sent out the bat signal to the moneyinfo crew to implement our business continuity plan, writes Tessa Lee, MD of fintech moneyinfo.