By Nick Toubkin, Senior Client Director (pictured), Strabens Hall – Successful investing for retirement isn’t just a matter of putting your savings into assets and waiting for income and profits to be generated... It is, instead, about playing the long game and keeping an eye on your investments, monitoring performance over a period and having periodical conversations with your adviser.
Almost half of all Baby Boomers say they have enough personal wealth that they can afford to gift some of it away during their lifetime, new research shows.
Almost all (89 per cent) UK wealth and asset managers plan to maintain flexible working patterns for employees first introduced in response to the Covid-19 pandemic, according to a new report by Lloyds Bank.
Caution, cash conservation and Covid-19 driving investor sentiment into 2021, says Citi Private Bank survey
Citi Private Bank has released the results of a survey led by the Private Capital Group, providing insight into the thinking of some of the world’s most sophisticated family offices and investors during an unprecedented health and economic crisis.
SIX has launched “SIX Tax Score”, which is designed to analyse the tax consequences of financial products, available to banks, wealth managers and asset managers in the form of a benchmark covering Swiss, UK and French tax jurisdictions.
Moneyfacts UK Savings Trends Treasury Report data, not yet published, reveals that all average fixed savings rates rose across the board for the first time since December 2018.
Wealth managers need to ‘democratise’ services to thrive in hyper-personalised, digital banking era, says Avaloq
Wealth managers and private banks need to ‘democratise’ their service and product offerings to a wider audience of affluent clients to compete and grow in the new hyper-digital world. If firms do not democratise their proposition, they risk losing market share and failing to capitalise on the profound, digital-led transformation of the sector.
Pension scams and FSCS issues are symptomatic of supervisory failings, says PIMFA at Select Committee inquiry
PIMFA, a trade association for the wealth management and financial advice industry, has given evidence to the House of Commons’ Work and Pension Select Committee inquiry into pension freedoms and scams.
The global Coronavirus pandemic has accelerated the need for wealth managers to address the gap in meeting their clients’ digital expectations, according to the latest Wealth Management Digital Readiness Survey from asset and wealth management consultancy Alpha FMC.
Each year, millions of pounds of hard-earned pension savings are stolen by scammers. Since 2017, a total of GBP30,857,329 has been lost to such scams, but this could be just the tip of the iceberg given many victims are unaware they have fallen victim to a fraud.
New EG private wealth division to provide commercial property investment opportunities to sophisticated investors and family offices
Australian real estate fund manager EG has launched a Private Wealth division which will supply commercial property syndication opportunities for individual sophisticated investors and family offices.
Wealth manager Brooks Macdonald has made its Responsible Investment Service (RIS) available to International clients for the first time.