Next week our new Chancellor, just weeks into the job, will attempt, to sort out some of the mess which befuddles the UK pensions landscape. I’m not hopeful.

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So how did he do? Opinion on our new Chancellor seems to have been rather positive. Against the backdrop of rollercoaster markets, emergency interest rate cuts and Coronavirus fears he did pretty well, especially for someone thrown into the job just a few weeks ago.

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These are, of course, extraordinary times and people’s highest priority must be their health and the health of loved ones.

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Like many of you I was outside the house at 8 pm last night with my family cheering on our brave and valiant health workers.

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The Coronavirus outbreak has brought many changes with many of us working from home, in all its glorious awkwardness, and adjusting to new and strange work patterns.

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I would like to share some good news this week but realistically the Coronavirus outbreak will test many Financial Planning models to the limit and not all firms will survive.

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So here we go again, another saga getting under way about unsuspecting ‘mini-bond’ investors being ripped off.

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And how are you doing Kevin? Well thanks for asking, I’m not too bad in the circumstances.

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One of the more encouraging Financial Planning stories this week came from wealth manager Brewin Dolphin which reported its Financial Planning income up by over 30% for the past half year.

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The case for reform of the Pension Freedoms is growing with news this week that hundreds of thousands of consumers are taking money out of pensions and most likely shovelling it into low interest bank accounts.

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