Handling the transfer of wealth to the next generation can be a key issue for many people in terms of the logistics, the most appropriate and tax-effective solutions and also the emotional aspects. ...
Turbulent stockmarkets, lessons from history, you can never be too kind and digital detoxing. The best of what caught my eye this week ...
“The habit of being happy enables one to be freed, or largely freed, from the domination of outward conditions.” – Robert Louis Stevenson An interesting study was published recently, which found that spending money to buy time makes us happier. The study was carried out amongst adults in the...
This week’s blog [4 min read] Next, a podcast from Freakonomics Radio. Yes, it’s 48 minutes long, but with contributions from Eugene Fama, Ken French and Jack Bogle (amongst others), it’s an entertaining and informative 48 minutes. John Maynard Keynes on investing as a beauty contest. [3 min read] The world’s...
“If you can’t explain it to a six year old, you don’t understand it yourself.” ― Albert Einstein My career in financial services began as a life & pensions administrator with Hargreaves Lansdown (HL), back in June 1987 (gulp – 30 years ago!), when the firm was tiny, compared...
My new blog post is up, discussing divorce and how working with a financial planner can help you to avoid any unwanted surprises. As it was Bastille Day last Friday, I have to start with this one. It’s official – now that Obama is no longer in office, France has...
I read this report recently, stating that there is a shortage of financial planners available to help lawyers dealing with determining divorce settlements for their clients. I have to say I find it hard to understand why this should be the case, as we’re easy enough...
I liked this article, about how the need to plan doesn’t stop once you reach Financial Independence [3 min read] How much of what you read today will you still care about a year from now? As a self-confessed bookworm, this article struck a chord with me. [2...
The Financial Conduct Authority (FCA) issued an interim report last November, outlining its initial findings from the examination of the UK asset management industry. Those findings were pretty damning, highlighting the FCA view that, whilst the industry plays a vital role in the UK economy, investors were...
How not to raise a spoiled brat. One of the discussions we often have with clients with young children is about the challenge of raising children when you are a first generation wealth creator. As this article illustrates, sometimes parents find it extremely difficult to relate...