The 'Santa Rally'; 'outrageous' wealth manager charges; and a court victory for pension campaigners - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
The Santa Rally is real The decorations may have been up in town centres for weeks while shops have been playing Slade, Band Aid and co on a loop since what feels like October but at least this Mail on Sunday piece managed to wait until December before bringing up the ‘Santa Rally' - "the long-standing superstition that stockmarkets bounce in the run-up to Christmas". Despite there being no clear explanation behind this, the piece continues, it boasts "a fair amount of statistical backing" - and indeed the paper is able to point to reports from not one or even two but three whole inve...
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