International Trust & Estate Planners jittery over economy

The STEP Near Term Confidence Index, which looks at the outlook over the next three months, has fallen slightly this quarter, from 15 to 11. This index was -13 at the start of 2009. Similarly, the STEP Longer Term Confidence Index, which looks at the outlook over the next 12 months, has dropped from 28 to 23 which is the lowest it has fallen since 2009, illustrating growing doubts about the economy, although still positive.   STEP Chief Executive David Harvey said: “These survey results show our membership have confidence about the long term outlook for trust and estate business, but are ...