HNW clients fret over recession threat
Wealthy investors are in a ‘state of paralysis’ but it is ‘not the time to shy away’
Inflation
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Eye-watering inflation will widen advice gap
Advisers have identified it as the ‘single biggest challenge’ they currently face
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Interest rate rises force investors to turn to advisers
Expertise and experience of financial professionals is ‘crucial’ during turbulent times
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Triple lock earnings component set at 5.5%
As industry awaits the September CPI figures to confirm next year’s state pension increase
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Sky-high inflation risks British Steel victims being short changed
‘Based on the current methodology, the higher the rate of gilt yields then the lower the redress will be’
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Record high inflation pushes UK investors into alternatives
Younger clients at the forefront of those seeking assets such as private equity, commodities and real estate
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Drop in adviser demand for inflation protection products
But they have looking at strategies to combat environment of tightening interest rates
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Brits bemoan sleepless nights over rising inflation fears
But advised clients more confident their finances will hold up against cost of living crisis
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52% of Brits have used savings to meet rising living costs
As impact of inflation becomes a ‘very real threat’ to pension freedom advantages
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Retirement strategies must change to keep up with inflation
CPI hit 9% in April 2022 and is set to rise further in the UK
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Inflation protection fast becoming a hot topic for advisers
As Square Mile report shows the hunt for income is becoming less of a priority
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£37bn IHT bill for Brits in next five years
More families will be ‘caught’ in the inheritance tax net due to allowance freeze