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Chief economist at Netwealth Gerard Lyons says “The fiscal policy needs to be both radical and gradual: radical in terms of its vision and aims but of course, one needs to do it in a way in which is credible."
Over-caution is perhaps the most costly behaviour we see among investors" said Charlotte Ransom, founder and chief executive of Netwealth."
A survey from Netwealth found that younger women are far less likely to have joint accounts or shared savings with their partners than older generations."
Iain Barnes, head of portfolio management for Netwealth, said: "…Investors should recognise that there will always be risks to investing. Ensuring you have a balanced and well-diversified portfolio will minimise exposure to individual events and enable you to benefit from the returns that long term investment can offer."
Gerard Lyons, chief economic strategist at Netwealth writes: "Let's level up the UK economy. That's the aim. Increased infrastructure spending. More housing. Better transport links… All combined with deregulation and a desire to cut taxes eventually."
Lyons, now chief economist at Netwealth, suggested immediate measures could include “reducing stamp duty” along with “easing prudential regulations hindering borrowers, and releasing more government-owned land for building"
Charlotte Ransom, CEO of Netwealth writes: “…there is nothing to stop wealth managers from making it simpler for clients to understand the all-in costs that they are being charged…"
Charlotte Ransom, CEO Netwealth, has been named as one of PAM's 50 Most Influential 2020. The PAM 50 Most Influential is the definitive list of those at the forefront of shaping private client wealth management in the UK and Crown Dependencies."
