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"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…"
There’s likely more to come. The world can expect to be hit by “different waves of unemployment,”…said Gerard Lyons, an economist with Netwealth…"
Gerard Lyons, Netwealth’s chief economic strategist, writes: “The government needs to unveil a pro-growth economic strategy. There is too much uncertainty about the consequences of the necessary policy-easing that has taken place."
Dr Gerard Lyon, chief economic strategist at Netwealth believed that the UK “needs a fresh template for its relationship with China”. He added: “Central to this should be a differentiation between strategic and non-strategic areas."
Gerard Lyons, chief economic adviser at Netwealth, a discretionary wealth management firm, said: "Even years after the global financial crisis it is clear that as interest rates fall, markets are not pricing for the risks that are there."
