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"Gerard Lyons at wealth manager Netwealth said: “Too often, the intervention on the help-to-buy side tends in practice to lead to house-price rises.”"
Dr Gerard Lyons, chief economic strategist at Netwealth, says: "Even when we do see that recovery in the economy, I think the big worry and the big focus for this government,...should be the significant rise in unemployment that we are about to see."
"Gerard Lyons, chief economic strategist at Netwealth, says: "The aftermath of this COVID crisis is unconventional fiscal policy, and the combination of continued unconventional monetary policy...should allow the economy here and globally to recover.""
"Netwealth surveyed more than 1,000 investors with assets of more than £50,000, with the number considering a move rising to 44% among those with more than £1m."
"The study by wealth manager Netwealth, also found that among those considering switching providers, the three main reasons were high fees, poor investment returns, and poor financial planning services, "all areas that have been under discussion for some time within the wealth management industry," the report said."
Matt Conradi of Netwealth said the short-term £5,000 savings should go into a stocks and shares Isa so the money can grow tax efficiently while remaining accessible."
Dr Gerard Lyons is chief economic strategist at Netwealth, writes: “While areas like retail and housing are rebounding solidly, the arts are prevented from returning to business as usual because of the vaccine gap and the necessary social distancing that entails."
Speaking with Dr Gerard Lyons, who is chief economic strategist at Netwealth…”We now know that because there is no vaccine, some sectors of the economy will not be able to turn to business as usual because of the necessary social distancing…we need to extend the furlough scheme to other sectors…"
