Cavendish Ware - Insights

Insights and ideas

FEATURED ARTICLE

Q4 2025 Market Commentary

Markets ended the year in a buoyant mood, with further gains in the fourth quarter meaning that most equity markets finished 2025 at or near all-time highs having made double digit returns. Bond markets also made modest gains, and the standout performer was precious metals, led by silver. One of the surprises was that the US equity market was among the year’s laggards, with returns for UK investors further reduced by US dollar weakness.

Bassline Episode 23

In this special Budget edition of Bassline, Dave is joined by Adrian and Lance for a frank, occasionally exasperated, unpacking of what was billed as one of the most hyped UK budgets in years. That hype, they agree, was largely fuelled by weeks of political kite-flying, leaks, reversals, and noise. When the moment finally arrived, the reality felt underwhelming.

Bassline Episode 22

In this episode, Dave Wallace sits down with Cavendish Ware advisers Mat Bonney and Jenny Earl to unravel one of the most misunderstood areas of financial planning: trusts.

Investment updates

AI - Is this a bubble?

There have been a lot of press articles about bubbles relating to Artificial Intelligence (AI) and the recent strong markets, so we thought it best to share our views on the matter.

Bassline Episode 21

Dave is joined by Lance Peltz, Head of Investments at Cavendish Ware and by special guest Rory Maguire from our investment partner, Fundhouse.

Investment updates

Q3 2025 Market Commentary

If Q2 was defined by tariff shocks and political theatrics, Q3 has been shaped by a truce between markets and policymakers. Investors entered the quarter braced for escalation but were instead rewarded with an “everything and everywhere” bull market.

Bassline Episode 20

In this episode of Bassline, David Wallace speaks with Lance Peltz about the global economic landscape.

Investment updates

Q2 2025 Market Commentary

Volatility remained a defining feature in Q2, as markets digested the economic and political fallout from President Trump’s aggressive tariff announcements on “Liberation Day” in early April.

Bassline Episode 13

In this extended episode, the tables are turned, and Adrian interviews Dave Wallace and Rob Reed about Generative AI and why it is such an exciting technology.

PLANNING UPDATES, THOUGHTS

Pensions versus ISAs – which is best?

This article breaks down the key differences between Pensions and ISAs, two popular tax-efficient savings vehicles. We explore how they vary and discover why a combination of both often makes the most sense for long-term financial planning.

Bassline Episode 1

In our very first podcast, Adrian Ware the founder and CEO of Cavendish Ware talks us through why he founded the business and what makes it unique.

How can we plan for the cost of care?

With inflation eroding the value of cash and potentially your income in retirement, we have recently seen more queries about how best to plan for and secure future care costs.

Dodging Dark Data - Dave shares a dark secret!

We all create mountains of digital clutter—unread emails, unused photos—that quietly add to environmental and security risks. This article explores the concept of “dark data” and why a digital spring clean can benefit both the planet and your peace of mind.

Dying Neatly

Losing a loved one is difficult, and managing their affairs can be overwhelming. This article introduces “Dying Neatly”, a practical tool designed to help you organize your personal and financial information clearly and securely. It aims to ease the burden on your family and executors when the time comes.

Investment updates

Investing in a changing climate

As climate risks grow, investors face tough choices. New research warns of a potential financial crisis linked to fossil fuel investments. We explore the role of ESG, greenwashing, and what it means for your money.

Investment updates

Q1 2025 Investment Update

Overall, investors had a good year in 2024, with global stock markets benefiting from optimism over falling inflation, easing monetary policies, growth in Artificial Intelligence (AI), and the US election result.

Why women are still missing out

The gender pension gap remains stark — with women needing to work 19 years longer to match men’s retirement savings. This article explores the structural, behavioural, and societal factors behind the gap and what can be done to close it.