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Charlotte Ransom, CEO of Netwealth tells Refinery29 that "we are seeing this shift when it comes to financial behaviours among younger women, who are less likely to take a 'what’s mine is yours' approach to finance." Sophie Austen, head of intermediary business development at Netwealth said the advice gap due to MiFID II is an 'unintended, but nonetheless apparent consequence' and more needs to be done across the industry to alleviate the issue." Produced by Netwealth's chief economic strategist Gerard Lyons, "It is without doubt that the UK remains a pre-eminent global financial centre…" Charlotte Ransom, CEO , says: "…Given that we are a firm that believes in advice, we wanted to make sure we had an offering that would be simple for IFAs to work with."
Research from Netwealth found female autonomy is on the rise, with 29% saying they prefer to manage their wealth independently." Gerard Lyons, Netwealth's Chief Economic Strategist, writes: We identified a dozen factors that matter most for investors. One was the economic landscape, which is vital for returns…" Netwealth CEO Charlotte Ransom said: "The traditional approach to managing finances jointly is being overturned by a new generation of financially more autonomous females." According to the study by Netwealth, an investment service, nearly half of women (45 per cent) keeping their wealth separate cite a desire to maintain financial independence,…"