Pryor Portfolio Management always take an extended period of time off at Christmas time as people are generally too busy to see us! We use it as an opportunity to undergo importance maintenance work within the business and recharge our batteries ready for what already looks like a busy 2017. In usual PPM fashion we…
Read moreMonth: December 2016
The Treasury has changed its mind about allowing the sale of pension annuities. When pensions flexibility was announced in March 2014, one of the inevitable criticisms was that the reform came too late for those who had already turned their pension pot into an annuity. A year later the then Chancellor attempted to respond to…
Read moreOn the day of the referendum, a pound would buy you nearly $1.50. It dropped sharply in the wake of the vote and then spent about three months churning between roughly $1.35 and $1.30. October produced another leg down to the $1.22 area as a ‘hard’ Brexit began to seem more likely. An 18%+ fall…
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