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Iain Barnes, head of portfolio management, writes "DIY investing may well be the cheapest – but it’s not always the most cost-effective." Matt Conradi, head of client advisory, writes "In any financial plan cash plays an important role…and because it doesn't fluctuate in value like other investments, it can provide certainty…" …how effectively you preserve capital has a direct result on how long you can generate a sustainable income, explains Charlotte Ransom, CEO of Netwealth." Women are more likely to have savings in such accounts because they fall into the trap of 'reckless caution', says Netwealth chief executive Charlotte Ransom."
At Netwealth, our female clients are embracing the combination of modern technology with a client-facing service, and find investing to be empowering…" …your child could have an £150,000 nest egg by age 18, assuming moderate investment growth, according to estimates by wealth manager Netwealth." We are building something designed to compete with the biggest wealth manager in the U.K.," Ransom says, "and since that is where most of our clients are coming to us from, we are on the right track." Charlotte Ransom, chief executive of Netwealth, added: "We have long fought to raise awareness of the destructive impact high fees can have on client returns, and are delighted to bring our sophisticated, cost-effective service to the intermediary market."