Editor's Comment

Where would your ‘last-time’ house move take you?

Over the decades, I’ve had several enjoyable conversations with friends about what a great plan it would be if, when we ‘got old’, we could all club together, buy a big house and live ‘separately but together’. We were generally pretty hazy about the precise household set-up, as we were about the financial implications of shared ownership, the location and the list of inmates – but it was a great way to pass an evening and a bottle of wine or two.

Why the state pension triple lock should be axed

How are we going to pay for the economic damage done by the coronavirus crisis? It’s a question that’s receiving increasing airtime, and justifiably: as was reported in mid May, an internal Treasury document has found that the pandemic’s impact will cost the government almost £300 billion in 2020 alone.

Making a will in lockdown: what better time to get the job done?

In normal times it’s fair to say the British are reluctant to engage with death. We avoid it as a topic of conversation, and we are not keen on making preparations for it – as evidenced by the 54% of Britons who had not written a will, according to a report commissioned by Royal London just over a year ago.

Coronavirus anxiety is contagious

Early in January, I came across a tweeted witticism that ran along these lines:
1 January: 2020 off to a good start!
2 January: Australia on fire
3 January: WWIII declared

Why more investors are taking matters into their own hands

Ten years ago, who’d have predicted that the number of online accounts belonging to direct investors (those without a conventional adviser) would more than double in three years, and rise by 800,000 – 16% – over the course of just 12 months?

Yet those are the findings of a survey of the direct online investing market recently released by consultancy Boring Money. It found not only that direct investor numbers have rocketed, but that the past year alone has seen a 20% rise in assets under administration (AUA) for online providers dealing directly with investors.

Editor’s Comment: what investments are good for the next 40 years?

How times change. It’s hard to believe that 40 years ago, when Money Observer was first published, Margaret Thatcher had come to power months previously, Franco’s era in Spain had ended only four years earlier and the UK had just three television channels. On average, men at state pension age lived for just five years (now it’s more than 14) the average price of a home was just under £14,000 and a pint of milk cost 15p.