Covid

It’s understandable why so many in the private sector feel their defined benefit pension is gold-plated. These provide a high-quality retirement income – matching either final or average salaries – which are paid for life and keep pace with increases in inflation. But...

One of the first things I learnt as an investment analyst was never to become too bewitched by a company’s profitability - always take a close look at the cash-flow. Many an investor had been caught out by the profit and loss account painting a picture of financial...