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Market Update – 27th September 2023.

With a scarcity of significant economic data releases so far this week, the attention of market participants has predominantly centred around a threat of a Government shut down in the US. Political deadlock is currently occurring in the world’s largest economy over disagreements concerning public spending cuts that are being championed by the Republican party.

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How employees can tackle financial pressures with the help of their workplace.

New research of almost 200 companies representing over 1.5 million employees, has found that many workplaces are increasingly recognising poor financial literacy as a key financial wellbeing risk for their employees.

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Market Update – 20th September 2023.

Amidst the threat of a Government shutdown, this week investors listened closely to an interview with US Treasury Secretary Janet Yellen about the outlook for America’s economy. On Monday, Yellen reiterated the resilience of the US, stating that it would be able absorb

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Saving 1% more could boost pension by 25%.

According to research* from WEALTH at work, a leading financial wellbeing and retirement specialist, 1 in 3 (33%) employees think they won’t be able to afford to retire at all due to increasing costs.

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Market Update – 13th September 2023.

This week, data coming out of the UK was a mixed bag. A report on Tuesday revealed that unemployment and wages have risen, showing that unemployment increased by 159,000 in the last quarter, pushing the jobless rate higher to 4.3%. It’s not all bad news, however,

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Market Update – 6th September 2023.

More stimulus measures, and promises of, have also been rapidly firing from China this week. On Monday, reports revealed that China has come up with ways to boost the domestic stock market and support the property sector.

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