Mark Walker Financial Services

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Mark Walker Financial Services

Independent Financial Adviser Mark originates from Barnstaple and is married with four children.

Mark Walker has 26 years experience as a Financial Adviser of which he has been an Independent Financial Adviser for the past 13 years. Mark Walker is committed to providing the highest standard of financial advice and service possible. "The interest of my clients is paramount to me and to achieve this I have designed my systems and procedures to place you at the heart of my business.

04/08/2020

Nat West Saving Account Interest Rates

Anyone who has a savings account with the Nat West will have received a letter this week confirming cuts to their interest rates. I feel these cuts are very much unjustified and will further impact your cash savings.

The annual rate of inflation in June was 0.6% so unless you are achieving at least this in interest your savings are losing out! If you presently hold a Cash ISA with the Nat West the new interest rates are £1 to £49,999 - 0.01% and for balances above £50,000 the interest rate is 0.10%!

If you wish to discuss better options for your savings please get in touch.

09/07/2020

My Continuous Professional Development Program at Mark Walker Financial Services had a very successful audit from The Chartered Institute For Securities & Investment.

04/06/2020

A very well done to Paul Lewis for completing 300 miles of his lockdown walks! Another £50.00 sponsorship from me for a great cause The Tavy Specials FC (Abilities Counts Football Team). Remember I will donate £50.00 for every 100 miles covered. Well done also to Allen Lewis, great work chaps!!

25/03/2020

The government is set to announce further details on a Covid-19 package for the self-employed tomorrow, a Treasury spokesperson has confirmed.

It comes as the prime minister faced a grilling from MP's in the House of Commons today over delays to an emergency package for the self-employed.

An amendment added to the Coronavirus Bill earlier this week proposed statutory self-employment pay which would cover the lower of £2,917 or 80 per cent of a self-employed person's monthly earnings, averaged over the last three years.

The proposals will also cover freelancers, and it was previously expected the chancellor would confirm the announcements today.

But a Treasury spokesperson has now confirmed the government would set out further details on the package tomorrow.

Speaking to MPs yesterday Mr Sunak said there were "genuine practical reasons" why it was complicated to design a scheme for the self-employed comparable to that in place for employed workers.

But the chancellor made assurances the government "absolutely" understood the situation facing the demographic and was working on a way to help the self-employed.

23/03/2020

Time in the Markets vs Timing the Market

The key points are:
1. When stock markets become volatile it is important not to panic, act in haste and make decisions you later regret – sometimes doing nothing is the best course of action.
2. Falls in the stock market are inevitable. However, as we all know, when viewed over the long-term markets have gone up more than they have gone down.
3. ‘Time in’ the market beats ‘timing’ the market: It is easy to miss the best gains in the market; therefore, it is important to remain invested and allow investments the time they need to play out.

20/03/2020

It is my pleasure to sponsor the Devon FA Abilities Counts Referee's Polo Shirts. It is a shame we will not be wearing them at present but I am proud to be associated with Abilities Counts Football and the incredible teams we have in Devon! ⚽️⚽️⚽️⚽️

28/02/2020

CORONAVIRUS: AN INVESTMENT UPDATE

The news this week that coronavirus has started to impact daily life in countries as wide-ranging as Italy and Iran, shows the scale of the task now facing global authorities as they race to keep a lid on it.

Two things in particular make it a tough ask – the speed with which the virus is spreading, and the unknowns that come with any new disease, especially its longevity.

That said, it is important for investors to stay focused on the bigger picture because in the long-term market context, this is not the first health crisis that financial markets have endured. As difficult as it may be, investors should not overreact to the often distressing, news headlines.

The recent spread of the virus outside of China has led to concerns that the full economic impact of the virus might have been underestimated. It is clear that global growth will be affected by these events in the near term and whilst various trials for a vaccine are underway, we are unlikely to see results before April.

The impact of the virus for financial markets is impossible to predict, and as always, it’s important for investors to avoid overreacting and to stay invested for their longer-term goals.

Given the good liquidity in markets, I believe there is support for a longer-term bounce-back, once current concerns have passed. This would be underpinned by the positive turn in economic activity that started in October 2019, well before the virus started. There is, of course, never any guarantee.

07/11/2019

Labour's Shadow Chancellor John McDonnell has today announced an additional £55 Billion of borrowing per year if the Labour Party form the next Government. Wonderful, the Diane Abbott School of Counting has sorted out our economic problems!

McDonnell said his party would introduce new fiscal rules, meaning "borrowing for investment" would not be included in borrowing targets. All things considered, I'd prefer my borrowing to be related to my earnings rather than to political ideology.

Even a child knows you cannot continually spend money you do not have, though apparently a Marxist doesn't! The Labour Party would destroy the country for decades to come. Simply unelectable!!

12/12/2018

In 1997 there was a referendum in Wales on establishing a Welsh Parliament.
The Turnout of voters for this historic event was just 47.7% with a vote in favour of 50.30% a slim majority.
Despite that slim majority, those that lost accepted the will of the people, Parliament accepted the will of the majority, there were no calls for a 2nd referendum, no protests - the BBC and Media did not intervene and the decision was taken.
In 2016 the British people vote in a referendum on whether to leave the EU.
The Turnout was an historic high of 72.2 of the entire United Kingdom.
51.9% of the population voted to leave whilst 48.1% voted to stay.
Yet here we are 2 1/2 years later - the losers are still fighting the result and refusing to accept the majority decision, The BBC and Media continue to campaign to thwart the result and Parliament and the Civil Service continue to do all they can to delay and frustrate.
Obviously - democracy is only acceptable to some if it gives them the result they prefer.

11/04/2018

Stocks across the globe fell on Wednesday as U.S. President Donald Trump taunted Russia for supporting Syria's president after a suspected chemical attack on rebels, while oil hit its highest since 2014 after Saudi Arabia said it intercepted a missile over Riyadh.

Trump warned Russia of imminent military action in Syria, declaring that missiles "will be coming" despite a warning from Russia that any U.S. missiles fired at Syria over the deadly assault on a rebel enclave near Damascus would be shot down and the launch sites targeted.

The animosity kept investors on edge and weighed on risky assets like stocks, while the safe-haven yen rose against the U.S. dollar.

The U.S. Federal Reserve is worried about trade tensions with China, but minutes from the most recent Fed meeting suggest those concerns have not translated into worry about the overall economy - or a more complacent monetary policy.

Oil prices began to climb on Trump's warning over Syria, then rallied further on a report that Saudi Arabia's air defence forces intercepted a missile over Riyadh, the capital.

The dollar fell against the yen as escalating geopolitical concerns added to lingering worries over U.S. trade policy and domestic scandals swirling around Trump.

Based upon the above, I therefore predict further volatility within World Equity Markets over the short term. My advice is to sit tight and please do not panic.

08/03/2018

A very warm welcome to my new Personal Assistant Joely Walker. Welcome to Mark Walker Financial Services! 📞📈📠📟📱📊

Address

Barnstaple
EX311HN,

Website

http://www.markwalkerfs.co.uk/

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