There’s been an increase in enquiries for our advice in April, with numbers up by 24% over March.
Driving this hike in demand, the disruption on the finances of individuals, households and businesses worldwide due to Covid-19.
Unexpectedly and abruptly, many people realised they didn’t have enough money behind them and no contingency plans.
Of course, this could result in dire consequences for the lifestyles and opportunities of people and their loved ones, and for Read More
As I was recently quoted as saying, I believe, will that traditional banks will lag even further behind in terms of market share and customer experience due to the current public health situation.
The coronavirus outbreak has accelerated the trends that were already influencing business, which include the ever-increasing use of technology in everyday life.
Digitalisation and new technologies have driven the changes we’ve seen since the coronavirus pandemic Read More
It’s imperative that those with a final salary pension look into options to mitigate risks to their retirement savings as the coronavirus pandemic adds to the burgeoning pension deficit threat.
Indeed, official stats from the Pension Protection Fund reveal the total deficit of Britain’s defined-benefit schemes rose to £135.9bn at the end of last month, up from £124.6bn recorded at the end of February.
The fallout from the COVID-19 pandemic has Read More
Now more than ever before, major employers need to provide their employees with access to independent financial advice.
As the COVID-19 pandemic continues, businesses and their staff are seeking to readjust their financial strategies.
Immense progress is being made in the public health battle against coronavirus and the subsequent economic fallout, thanks to the commitment shown by organisations, businesses, individuals, central banks and government, amongst Read More
The COVID-19 pandemic has sparked a substantial increase in the demand for savings solutions, with a 28% rise in enquiries regarding savings plans registered by deVere in March.
Since the coronavirus outbreak started to have an all-consuming global effect at the end of February, beginning of March, we noticed a steep rise in the number of clients seeking advice on savings solutions.
Subsequently, when the World Health Organisation declared a pandemic in the Read More
deVere has seen a 76% rise in the demand for wills over the past fortnight as people’s minds are now more focused on particular aspects of financial planning due to the coronavirus pandemic.
We reported the steep increase in enquiries as deVere launched its free online wills service for clients.
As I was quoted by The Daily Mail, The Independent, Khaleej Times, Financial Planning, Business Live and London Loves Business, amongst other media, as is the case with several Read More
As global stock markets rallied on Tuesday this week, investors are looking to ‘new world’ sectors and businesses as the world adapts to life with coronavirus and looks towards an economic recovery.
Over time we’ve seen every economic downturn generate a new normal, and the one being sparked by the COVID-19 pandemic will be no different.
The impact of the coronavirus spread has reached companies across the globe, causing vast international disruption, Read More
Coronavirus is likely to deliver the bloodiest nose to the pound, more so than Brexit and the financial crash of 2008-2009.
The pound dropped to its lowest level on record on Tuesday against the currencies of the UK’s major trading partners.
The Bank of England announced that the exchange rate, which is gauged against a basket of currencies corresponding to Britain’s trade flow, declined to 72.9. There was a slight increase on Wednesday to 74.4.
These Read More
deVere is now offering free financial advice to anyone across the globe on a remote basis.
As reported by International Investment, International Adviser, Fintech Finance, Financial Reporter, Money Management, Private Banker International, Financial Standard and Mortgage Introducer, amongst other media, we made the decision to launch our Contactless Advice service for four key reasons.
First, social distancing is at present the only way we can combat the Read More
The way in which the world recovers from a coronavirus-triggered recession will lead to a profoundly different way of how we live, do business and invest.
Consensus is mounting across the globe that a temporary global recession is forthcoming and as governments and central banks grapple to attempt to curb the impact.
Indeed, on Sunday, the United States Federal Reserve reported another interest rate cut, its second emergency measure undertaken in Read More
A global recession is now almost inevitable in 2020.
Monday has seen global stocks and government bond yields decline after oil prices nosedived by near to 30%, as I discuss in this short video.
This is oil’s sharpest one-day fall since the Gulf War in 1991, further driving the global stock market sell-off that got underway a fortnight ago on fears the Covid-19 outbreak will severely affect economic growth.
Every major stock market around the world is Read More