jockturner

About Mark Turner

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So far Mark Turner has created 20 blog entries.

Market Update – 25th May 2020

2020-05-25T14:53:19+00:00

Market Update: Rally pauses as markets weigh up latest virus developments

LAST WEEKS – KEY Takeaways

Markets: Uncertainty weighs on shares

  • Global shares fell at the start of the week after new coronavirus cases were reported in the Chinese city of Wuhan (where the virus originated) and the South Korean capital of Seoul;
  • The markets also had to contend with rising tensions between the US and China, as President Trump continued to blame […]
Market Update – 25th May 20202020-05-25T14:53:19+00:00

Karrek Chartered Financial Planners – Other Services

2020-05-25T14:45:30+00:00

We wanted to keep in touch with you to let you know about some of the products and services that we offer advice on at Karrek Chartered Financial Planners. We understand that times are very different at the moment but we can still help assist you with your financial goals and needs.

It is in times like these that the importance of sound financial advice is most apparent so here are some of the areas of […]

Karrek Chartered Financial Planners – Other Services2020-05-25T14:45:30+00:00

Market Update – 7th May 2020

2020-05-07T12:22:04+00:00

Last week was a tale of two halves for global equity markets.  After a strong first part to the week which saw the FTSE 100 index break through the 6,000 barrier for the first time in eight weeks, most global equity markets fell back sharply on Thursday and Friday as a result of weak economic data, Royal Dutch Shell announcing their first cut in the dividend since World War Two and Donald Trump restarting the trade war rhetoric with […]

Market Update – 7th May 20202020-05-07T12:22:04+00:00

1st May 2020 – Further Gains for Global Stock Markets

2020-05-04T12:52:52+00:00

A fortnight ago we noted that, in spite of continuing lockdown measures and a raft of dire economic data, global stock markets had made a welcome – if partial – recovery from their late-March lows. Happily, this recovery has since continued almost uninterrupted. Having suffered a fall of historic scale and speed, the US stock market (as measured by the Russell 1000 index) ended April down ‘only’ 10% for the year to date. Remarkably, had […]

1st May 2020 – Further Gains for Global Stock Markets2020-05-04T12:52:52+00:00

Week to 17 April 2020 – market update

2020-04-27T12:31:51+00:00

As you would expect when trying to manage through a global pandemic like coronavirus, there are a lot of positive and negative reports that create volatility in global equity markets and last week was no exception.  After sharp falls were experienced earlier in the week following a report by the International Monetary Fund on the global economic impact, markets rallied at the end of the week on a report that a COVID-19 treatment showed promise and some […]

Week to 17 April 2020 – market update2020-04-27T12:31:51+00:00

The new tax year 2020/21 – a quick guide

2020-04-09T09:18:48+00:00

The 2020/21 tax year started at the stroke of midnight between the 5th and 6th of April.  While many individuals leave tax planning to the end of the tax year, you can look to maximise the benefits by using your personal tax allowances* and reliefs straight away.  Please get in touch to take advantage of one or more of the following:

Income Tax

  • The tax free personal allowance remains unchanged at £12,500.
  • Basic rate tax of 20% will be payable on income […]
The new tax year 2020/21 – a quick guide2020-04-09T09:18:48+00:00

Covid-19 – Insurance and staying protected – Your questions answered

2020-04-08T13:24:34+00:00

The importance of staying protected

Coronavirus is having a huge impact on all of our lives and, it goes without saying, that this must be a very unsettling time for everyone. Not surprisingly, we’ve received a number of queries from our clients in relation to protection cover and claims which I have made every effort to provide answers to in the following Q&A section.

Am I still covered?

Providing you have paid your monthly […]

Covid-19 – Insurance and staying protected – Your questions answered2020-04-08T13:24:34+00:00

Covid 19 – How will it affect my mortgage? – Your questions answered

2020-04-08T13:03:43+00:00

Many of you have already been in touch with us over the last few weeks with mortgage related queries. This email is intended to provide you with some general mortgage information and support relating to the COVID-19 outbreak.

The UK’s mortgage market has changed profoundly in the last two weeks as the full effect of the Coronavirus has started to be felt. Lenders have been told to allow repayment holidays; moving home is virtually banned leaving […]

Covid 19 – How will it affect my mortgage? – Your questions answered2020-04-08T13:03:43+00:00

How Will My Future Finances Be Affected After Coronavirus?

2020-04-08T13:07:36+00:00

Hello,

We wanted to keep you informed in light of recent volatility in the world stock markets, mainly due to the Coronavirus pandemic.

Our recommendation is not to panic and to sit tight. Your investment has been set up for the longer term. Market volatility is unnerving and differing opinions on what the future holds, confuses matters more. But it’s important that you understand that volatility is part and parcel of […]

How Will My Future Finances Be Affected After Coronavirus?2020-04-08T13:07:36+00:00

Coronavirus and PruFund Investments

2020-04-08T13:09:29+00:00

Given the current market conditions Prudential confirmed on Friday 27th March 2020 that they are applying downward Unit Price Adjustments (UPAs) to some more of their PruFund funds due to the current extraordinary market conditions as follows:

PruFund Investment Plan, PruFund Investment Plan Mark 2 & Mark 3

I know that many of you have experienced downward UPAs before. However, for those that haven’t, it is worth noting that this is how the product/fund […]

Coronavirus and PruFund Investments2020-04-08T13:09:29+00:00