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Gerard Lyons, chief economic strategist, Netwealth, comments: My forecasts echo the message from the IMF and OECD, namely that UK economic growth will exceed that of the US and eurozone in 2022. Despite this, I would not use the term outpace, as I expect the UK to experience a similar growth profile to other developed economies in 2022."
A survey of 2,000 people from Netwealth, a wealth manager, found that only 53 per cent of parents planned to divide their wealth evenly among their children."
Gerard Lyons, Netwealth's Chief Economic Strategist, writes for The Guardian: "The immediate challenge for the Bank, though, is inflation...I expect inflation to peak about 7% in April, and to stay elevated, before decelerating to 3% by early 2023."
Gerard Lyons, Chief Economic Strategist at Netwealth, writes: "The second economic argument, though, is largely ignored. That is how to interpret the policy implications of the models provided by the epidemiologists."
Netwealth, an online wealth manager, also allows clients to link up with friends and family to capitalise on lower percentage fees based on the combined value of their investments. The company had reduced the minimum investment amount for members of these linked account “networks” from £50,000 to £5,000, making it easier to access for younger investors."
Wealth manager Netwealth’s Gerard Lyons, Boris Johnson’s former economic adviser, said the process had been “a complete farce”: “It basically led to unnecessary volatility in interest rate and currency markets, and it also led to higher mortgage rates being passed on to a number of buyers.”"
Charlotte Ransom, founder of tech-enhanced wealth manager Netwealth, says she has inherited plenty of unsatisfied clients during the pandemic. “Lockdowns have been a trigger for families to examine their finances, the performance and the service they’ve been getting and the fees they’ve been paying,” she says.
The findings by Netwealth and The Money Whisperer® as reported in the Mirror suggested that there is a lack of openness around inheritance that can leave bereaved families at a loss when it comes to their finances."