Credence Independent Advisors News

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.

A look into the pension changes of Credence Independent Advisors News

After the end of the budget consultation on 11th June, the Treasury issued its response on the 21st July on pension shake-up, explaining pension changes, which offer a greater deal of freedom for both pension holders and providers. These p…

Credence Independent Advisors News - The Economic Recovery of the United Kingdom during the First Half Of 2014

The economic growth of a country comprises of a large number of different factors and a combined effect of all the factors makes the final impact. Similarly, in order to understand the economic growth of United Kingdom, it is important to …

Credence Independent Advisors News: Active or Passive what’s For You?

What do active investors do? Active investors believe that markets are “inefficient”. They believe that at any point in time, there are always some securities that are mis-priced, enabling them to buy or sell making a profit. Professional …

Credence Independent Advisors News: Eurozone Needs an Unconventional Approach to Its Economic Crisis

Mario Draghi, the head of ECB calls for more unconventional and growth friendly policies to end eurozone crisis. Within the Eurozone, it has been a long-time since the living standards were at peak. For instance, the living standards were …

Credence Independent Advisors News: Britain’s top spending tourists are Middle East Visitors

According to ‘Visit Britain’, the national tourism agency of Britain; tourists from the Middle East are Britain’s top spending international shoppers The survey shows that tourists from the Middle East are twice as likely as typical visito…

Credence Independent Advisors News: A Look at FATCA (Foreign Account Tax Compliance Act)

The United States global tax law; Foreign Account Tax Compliance Act (FATCA), came into effect on 1st July 2014. The FATCA is at last here after a period of 4 years, initially developed in 2010 as an approach to make America’s corporations…

Credence Independent Advisors News: 209,000 jobs added by US economy in July

July witnessed an addition of 209,000 jobs by US, showing that the US is on its course of economic recovery. The manufacturing and professional business services sector witnessed the biggest job gains. There has also been a slight increase…

Credence Independent Advisors News: June Witnessed a Rise in UK Mortgage Approvals for the First Time in Four Months

The UK mortgage approvals did see an increase in June, after four months, but were still 12 percent lower than January highs. The UK mortgage approvals saw a rise in June, after declining from February to May; amid new stricter lending rul…

Credence Independent Advisors News: Global Equity Markets at Their Best in August, After Five Months

The trading for the month of August ended on Friday the 29th, witnessing a rise in the global equity markets, reaching their peak in five months, since February. The rise was attributed to the strong U.S. data and German bond yields rising…

Credence Independent Advisors News: Key Considerations of Behavioral Finance

The central issue in behavioral finance is explaining why market participants make systematic errors contrary to the assumption of rational market participants. Such errors affect prices and returns, creating market inefficiencies. It also…