The Governor of the Bank of England: ‘The effects of a ‘no deal’ Brexit will be similar to those of the banking crisis, a deep recession and a sharp drop in house prices’. He’s one of those experts, of course, of whom we’ve all had enough in this country. Therefore, in the interests of balance, Jacob Rees-Mogg: ‘It will mean the UK is completely free of EU red tape and regulations and can strike trade deals around the world”. So there we are.
“Record year for annuity sales driven by advisers”
I was asked this week whether annuities are now ‘a good investment’. They’ve been recommended very rarely in recent years, since ‘pension freedoms’ allowed pretty much unlimited drawdown on pension funds and anything left to be passed on to beneficiaries free of Inheritance Tax.