In the News – Money
Holiday selfie could invalidate insurance
With travel back on the agenda for many, think twice before posting a holiday selfie on social media. Your insurer may consider this as advertising the fact that you are away from home, leaving your property unoccupied and invalidating your insurance cover. Unfortunately, more and more criminals are using social media posts to identify when a property might be empty.
New record for sustainable funds
Data from industry tracker Morningstar, shows that the year kicked off with continued European interest in sustainable funds, which attracted all-time high inflows of €120bn in Q1 – 18% higher than the previous quarter. Climate funds proved to be the best sellers, with six of them featuring in the top 10. The number of sustainable funds continues to grow at pace, with 111 new sustainable fund launches in the first three months of the year.
Jabbed population more optimistic about finances
People who have already received their COVID-19 vaccination are reported to be more optimistic about their finances than those who are yet to have their jab1. As well as giving people a sense that the worst of the pandemic may be over, the jab also seems to be providing people with financial optimism about both their own finances and investing. Nearly half (48%) of those who have had the vaccine believe now is a good time to invest, versus 39% who have not yet received the jab.
The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.