Just a note to remind you that new rates for the National Minimum Wage (NMW) and National Living Wage (NLW) apply from the 1st April.
From the 1st April 2018, the following hourly rates will apply
- NLW rate for workers aged 25 and over – £7.83
- The main rate for workers ages 21-24 – £7.38
- The 18 – 20 rate – £5.90
- The 16 – 17 rate for workers above school leaving age but under 18
- the apprentice rate* – £3.70
*for apprentices under 19, or 19 or over and in the 1st year of their apprenticeship
Remember there are no exemptions from paying the NMW on the grounds of the size of the business.
If the recent volatility in stockmarkets has demonstrated anything, it is that holding a diversified portfolio of investments rather than relying on any one asset class for returns is usually a wise approach. So says the Investment Association.
It is no wonder the popularity of multi-asset funds is soaring, they say, with trade body, the Investment Association, reporting its Mixed Asset sectors have been taking in significant inflows.
We’ve been following this formula for many years now and we are pleased that our views are receiving the approval of the IA.
And one other thing to remember, particularly in times of volatility; “It’s not the timing of the market, it’s the time in the market!“