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Younger generations are being handed vital lessons about the risks of retirement in new research from wealth manager Netwealth which highlights the biggest retirement regrets of people aged 75 and over."
Charlotte Ransom, chief executive of Netwealth, said research from Netwealth has found: 'The lack of concern demonstrated by those earlier in retirement suggests they are sleepwalking into the same predicament and will be faced with a series of shocks over the years to come,...'"
Netwealth allows a customer to invite seven other family members or friends to join their Netwealth network and benefit from lower fees."
Gerard Lyons, Chief Economic Strategist, Netwealth, writes: "There has been an evolution in China’s thinking. The Belt and Road Initiative led to accusations of financial colonialism. Now, development banks may take more of a lead."
Gerard Lyons, Economist at Netwealth says the decision to increase the national insurance allowance and to align it with the income tax allowance "is an excellent move by the Chancellor. "It is the right use of his fiscal sums and will be positive for many people and for the economy," he says."
Money for other areas — such as levelling-up, boosting investment and skills — may have to wait until the Budget in the autumn. The rise in inflation is out of his control and wages are not keeping up. Costs have risen across the board."
Charlotte Ransom, CEO of Netwealth: "...what comes through strikingly in [client] feedback that I get is they love the technology because they love the transparency and the flexibility that it offers them...and having humans running the portfolios to address how they're thinking about markets and so on, is still critical."
Netwealth’s offering allows clients to create personalised investment portfolios as well as accessing services such as risk management. This is all done at a lower cost than in traditional wealth management companies due to the integration of various financial technologies."
