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Investment market update: October 2022
Much of 2022 has been marked by investment volatility and economic uncertainty, and October was no different. According to the International Monetary Fund (IMF), there is a rising risk of a global recession. The organisation downgraded its global growth forecast for 2023 to 2.7%. It said financial instability was linked to shocks caused by the Covid-19 pandemic, the war in Ukraine, and climate disasters. While uncertainty can be worrying as an investor, remember to focus on y

Tom from Harken Financial
Nov 9, 20224 min read
Rising costs mean a fifth of adult children are considering moving back home. Could it affect you?
The “boomerang” trend isn’t new, but the soaring cost of living means that far more adult children that have been living independently...

Tom from Harken Financial
Nov 9, 20224 min read
State Pension triple lock: Pensioners set to benefit from a 10.1% rise
The State Pension is set to increase by a record amount under the triple lock due to high levels of inflation. If you’re claiming your...

Tom from Harken Financial
Nov 9, 20223 min read
47% of retirees leave work earlier than expected, but just 31% say they could afford to
Retiring early is a dream for many. Whether you’re looking forward to putting your feet up or going on an adventure, it’s a huge...

Tom from Harken Financial
Nov 9, 20224 min read
The UK could face a “retirement savings crisis” as workers aren’t putting enough away
Figures suggest that many households aren’t saving enough to be financially secure in retirement. Calculating what income you’d need to...

Tom from Harken Financial
Nov 9, 20224 min read
Behavioural finance: 6 unexpected ways bias could affect your financial decisions
How much does bias affect your financial decisions? While you may try to make decisions based on facts, it can be much easier than you...

Tom from Harken Financial
Nov 9, 20223 min read
Mortgage lenders are told they can scrap affordability rules. Here’s why it’s still important to ass
The Bank of England’s (BoE) decision to scrap some affordability tests for people taking out a mortgage could mean you’re able to borrow...

Tom from Harken Financial
Aug 22, 20223 min read
7 essential money lessons your children need to know before they go to university
The day that you send your child or grandchild off to university can bring up mixed feelings. There's pride and joy at their...

Tom from Harken Financial
Aug 22, 20225 min read
5 unexpected lessons you can learn about finances from Roald Dahl
Roald Dahl’s books are known for colourful characters, fantastic adventures, and simply being fun. As a child, they’re the perfect books...

Tom from Harken Financial
Aug 22, 20224 min read
Women are investing earlier than men, and it could close the wealth gap
The gender wealth gap is a widely acknowledged issue in the UK, particularly in the context of pension savings and women’s ability to...

Tom from Harken Financial
Aug 22, 20224 min read
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