Inflation, savings tax trap, Fundsmith fund closure and the great un-retirement

Inflation, savings tax trap, Fundsmith fund closure and the great un-retirement

By AJ Bell

This week we look at the latest inflation update and how markets reacted to that surprise dip, and preview next week’s big economic announcements. We also cover the news that renowned investor Terry Smith is closing the emerging markets fund he launched eight years ago.

Tom Selby is on to talk about the great ‘un-retirement’ of over-65s returning to work after the exodus during covid. And Dan Coatsworth talks to Morgane Delledonne from Global X on ways to invest in cybersecurity, as more companies look to protect themselves from hacking.

Elsewhere, with savers finally getting a better return on their money, Laura Suter has some news for people who want to save in a green way. But she also shares a warning: that the extra interest savers are earning might come with an unexpected tax hit.

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