EQi market commentary

Despite the last two months or so being one of the most tumultuous in history for the stock markets, EQi investors are actually feeling fairly confident.

To help those whose finances have been affected by the COVID-19 crisis, the government have temporarily reduced the Lifetime ISA withdrawal penalty charge to 20%, between 6 March 2020 and 5 April 2021.

The Bank of England announced an unexpected interest rate cut of 50 basis points down to 0.25 per cent, driven by the effects of the coronavirus epidemic.

Over the past week increased turbulence on global stock markets has led many market commentators to ruminate on the possibility that the decade plus long bull run will soon come to an end.

2019 has been difficult for those who invest for income, with much publicised dividend cuts at Vodafone and Royal Mail. Now Centrica has followed suit, slashing its dividend from 3.6p in 2018 to 1.5p this year.