If you have an occupational pension, you need to find out what impact the reduction in the conversion rate will have on your retirement. If the conversion rate is lowered to 6%, for instance, this would reduce your annual pension by around 12%. So what can you do to make up for this shortfall?
Japan’s Q3 GDP has been revised down, with a worse-than-expected quarter-on-quarter contraction of 0.6%. This slide was in part driven by a series of natural disasters – includ-ing typhoons and an earthquake – although recent economic indicators already point to an uptick in growth in Q4.
Three ways to make the most of low interest rates
In France, the ‘gilets jaunes’ protest movement is now about more than just rising fuel prices.
The European Commission once again rejected Italy’s draft budget and began formal proceedings against the country because of its excessive deficit.
Looking at the charts, the S&P 500’s decline last week is not necessarily a bad thing. The inverse head-and-shoulders pattern – a bullish indicator – is forming, which could mean that a year-end rally is on the cards. However…
Despite the two rate hikes by the Bank of England, UK yields are still at rock bottom.
Unsurprisingly, Jair Bolsonaro won Brazil’s presidential election. Despite his controversial statements and his rather provocative personality, the Brazilian stock market reacted well to his victory and his pro-business stance.
The likelihood of a hard Brexit has risen in recent weeks. Talks on the UK’s future trade relations with Europe are not get-ting anywhere, and the deadline of 29 March is fast approaching.
Behind every succes lies a multitude of failures.