Report inadequate content

14/11/2014

Credence Independent Advisors: Will Interest Rate Rise? As Inflation Touches Five Months High

Recently the inflation rate in the United Kingdom has gone up with June seeing an increase in the prices of food and clothes. The consumer price index rose to 1.9% in the month of June from 1.5% in May.

The expectation of an increase in the interest rate, following the increase in inflation has also raised the pound to a record six year high against the US dollar at...

{
}

10/11/2014

Credence Independent Advisors: A look in to the pension changes

After the end of the budget consultation on 11th June, the Treasury issued its response on the 21st July on pension shake-up, explaining pension changes, which offer a greater deal of freedom for both pension holders and providers.

These pension changes are generally all positive and the biggest for more than 100 years. Some of the changes are discussed here.

In order to...

5/11/2014

Credence Independent Advisors: Active or passive what’s for you?

What do active investors do?

Active investors believe that markets are “inefficient”. They believe that, at any point in time, there are always some securities that are mis-priced, enabling them to buy or sell making a profit. Professional active investors devote unbelievable amounts of time and resource towards trying to find that extra edge. They will then trade...

2/11/2014

Credence Independent Advisors: A Look at FATCA (Foreign Account Tax Compliance Act)

The United States global tax law; Foreign Account Tax Compliance Act (FATCA), came into effect on 1st July 2014.

The FATCA is at last here after a period of 4 years, initially developed in 2010 as an approach to make America’s corporations and private individuals stop evading America’s taxes by depositing their money into their accounts in foreign countries.

The...