While the focus has been on gyrating share indices, something interesting has been happening in the UK Government bond market.
The headlines are now turning to the future looking at how deep a recession may be and the shape of the economic recovery. We can only wonder how the economy will recover and how long it will take. Many experts talk of the ‘shape of the recovery’ using names such as V U W or L to name a few.
During this unprecedented time – we have two guides available provided by CISI that have been put together the leading financial planners in the UK to help you think about your finances.
On Friday 1 May, the Treasury announced that it would legislate to reduce the penalty to 20% between 6 March 2020 and 5 April 2021 (inclusive). The timing means that anyone who has cashed in since 6 March 2020 is due a refund.