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“This is a scenario we often see – many people set aside meaningful sums for the future, but neglect to think about how managing it more effectively could make their pot last longer and help them achieve their goals” ‘With the economy improving the case for an immediate rate cut may have been dampened, but low inflation and a stronger pound means an early rate cut is still very likely,’ said Gerard Lyons, chief economist at wealth manager Netwealth. Even if you’ve retired completely, it’s worth making use of the annual gross allowance of £3,600 that can be paid into a pension, says Tom Kimche, head of advice at Netwealth." “The younger generation are acutely aware of high costs and limited technology, and so often seek different managers from their parents,” says Charlotte Ransom, Netwealth chief executive."
I leave the analysis of the financial data in the hands of the IFS’S vigilant Paul Johnson and to the clever and well-briefed economists such as Simon French of Panmure, Dr Gerard Lyons of Netwealth and the Policy Exchange and the independent economist, Julian Jessop." Charlotte Ransom says 'This is an important question as it speaks to one of the fundamental attributes of sensible investing – which is to be well diversified." Lyons, now chief economist at wealth manager Netwealth, says a portion of the interest paid on banks' reserves should be axed to save money for the public purse." If you realise you don’t have unfettered access to the international labour market, it could force you to think about upskilling your domestic labour force,” said Lyons, who is chief economist at the wealth manager Netwealth."