Brexit round-up: what the vote means for your money
Leave vote: What it means for your investments - Many investors will want to run to their nuclear bunkers now that the apparent end of the world is nigh. But emotional reactions are usually the wrong ones when it comes to investing. Here’s a summary of the best reactions from investment experts to the Leave result.
What does Brexit mean for pensions? - Following the news that the UK has voted to leave the European Union we ask what impact the move will have on your pension, whether you are years away, approaching retirement or already retired.
Leave vote: What it could mean for your money, property and investments - After months of anticipation, UK voters have decided – in an historic move – to leave the European Union some 43 years after joining its predecessor, the European Economic Community, in 1973.
Referendum fallout: Early winners and losers via graphs - Prime Minister David Cameron has announced his resignation, and the Labour party has called for a vote of no confidence in its leader Jeremy Corbyn.
Can I still use my mobile abroad after Brexit? Moneywise answers - Mobile users could be charged more to use their phones abroad, both inside and outside of Europe, in light of the UK’s decision to leave the European Union (EU).
What's in your 'safe haven' suitcase? - Flicking through an inflight magazine the other day, I came across one of those summer holiday-themed articles along the lines of 'five items to pack every time you travel'. Apart from containing some quite handy tips (I always do seem to forget my sun cream!), it got me thinking the metaphor could extend to investing.
Could Brexit scupper your overseas retirement plans? - The decision by UK voters to leave the European Union could have far-reaching impacts on pensions and pensioners, both at home and abroad.
Commercial property funds hit in Brexit fallout - M&G Investments is the third firm to suspend trading in its commercial property fund - the biggest of its type in the UK at £4.4 billion.
Annuity rates go into Brexit freefall - Annuity rates are continuing to plummet following the UK’s shock referendum result.
House asking prices fall following Brexit - Property website Rightmove says its latest data takes the average asking price to £307,824 in July, down from £310,471 in June. It’s the first drop in asking prices since December 2015.
In exchange for any lump sum – usually your pension fund – an annuity is “bought” from an insurance company and provides an income for life. When you die, the income stops. Annuity rates fluctuate daily and depend on your sex (although from 21 December 2012 insurers will no longer be able to use gender as a factor when calculating annuities), age, health and a number of other factors, so you have to pick the right one and, once bought, its terms cannot be altered, so seek financial advice.