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Across global stock markets the spread of coronavirus has resulted in an increase in volatility as investors focus on the impact on global economic growth. Whilst there are still high levels of uncertainty, and nobody knows how this will develop, global governments and central banks have taken swift and significant action to help mitigate the unexpected economic slowdown. UK and US interest rates have been significantly reduced and many governments across the world, including the UK have announced unprecedented stimulus packages to support their economies.
During times of market volatility it is important to focus on your longer term savings objectives and avoid making snap decisions - read our volatile market article.
Foresters cares about the health and wellbeing of our members, customers and employees. We are monitoring the situation closely as the incidence of coronavirus (COVID-19) continues to grow.
At this present time our Financial Advisers are not visiting customers' homes. If you do have any questions our Customer Services teams are here to help and can be contacted on 0333 600 0333 lines are open Monday to Friday 8:30am to 5:00pm.
Rest assured, Foresters are here for you, your family and your community, as we have always been.