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Best laid plans
The financial world has been buffeted by high winds since the new prime minster and chancellor unveiled their mini-Budget . With the economy teetering on the brink of recession , the pound went into freefall and panic hit the gilt market , causing the Bank of England to step in – in short , it was mayhem . While the pound has recovered at the time of writing , homeowners looking to re-mortgage are taking the strain in the form of higher interest rates . Shocks like this are thankfully rare , but individuals ’ finances are equally vulnerable to upsets of a different kind , and these are much more common . Major life events can derail even the sagest financial plans and prompt the need for a sudden rethink . Here , five advisers recall occasions when real life got in the way of their clients ’ plans and explain how they helped get them back on track .
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