Credence Independent Advisors Blog

Credence was born from a compelling opportunity in the financial services world. In the ever changing dynamic world of financial services, it is important for us to tailor advice and solutions to individual needs.

Credence Independent Advisors Blog: UK Unemployment Falls To Five Year Low but Wage Growth Slows

Strong jobs growth continues as UK unemployment rate falls, but wage data show prices are rising much faster than pay packets again Record jobs growth has pushed unemployment to a five year low, official data showed on Wednesday, although …

Credence Independent Advisors Blog - Britain’s GDP Surpasses Pre-Recession Peak

The level of UK GDP is approximately 0.2pc above where it was in January 2008, according to The National Institute of Economic and Social Research Britain has reached the “symbolic milestone” of clawing back all the losses it suffered duri…

Credence Independent Advisors Blog Investors look to China and U.S. after ECB fights deflation risk

(Reuters) – This week’s light calendar gives investors room to digest the European Central Bank’s radical moves to avert deflation and look beyond U.S. data which, in more normal times, might imply higher interest rates. Global markets wil…

Credence Independent Advisors Blog: Britain Gripped by Flotation Fever

UK set for record year for IPOs as investors search for companies to benefit from returning consumer confidence. Britain is on track for a record year for flotation’s as companies press ahead with initial public offerings (IPOs) despite si…

Credence Independent Advisors Blog: S&P 500 nearing the 2K summit

(Reuters) – Investors have spent several months deciphering the mixed signals from the U.S. economy, and yet the S&P 500 has kept moving higher, slowly but surely, putting it just shy of the 2,000 mark. With its Friday close, the S&P would…

Credence Independent Advisors Blog: Rescue me from my 24p-a-month annuity

Pension savers will soon be able to take their entire fund as cash. But there will be no such freedom for those already retired – even if they have pitifully small annuities Robert Parker: ‘I’ve always felt giving me 24p a month defied com…

Credence Independent Advisors Blog: ECB set for growth-boosting interest rate cut

Expectations are running high that the European Central Bank (ECB) will loosen its monetary policy at its meeting on Thursday. Most expect at least a cut to the benchmark interest rate, while others say the ECB will go further. It is thoug…

Credence Independent Advisors Blog: Lloyds Banking Group Confirms Float of TSB

Lloyds Banking Group has confirmed a decision to sell around 25% of retail lender TSB, enticing investors with the offer of free shares. The flotation is expected next month on the London Stock Exchange (Other OTC: LDNXF – news), following…