An individual’s response to inheriting a large sum of money – or indeed a portfolio of valuable assets – is often complicated. It’s not universally true, but an inheritance is frequently triggered by the death of someone close within a family. And while the value of the inheritance may be genuinely life-changing, the windfall often…
Stuff happens. Complex instruments designed to package up and take the risk out of subprime mortgages blow up in the face of the banking industry. The world’s fifth largest economy votes to leave the European Union. A newly elected president raises tariffs (or threatens to) on goods coming from his country’s biggest trading partners. Attacks…
The expression “this is a people business” has become something of a mantra within the financial services industry. You’ll hear it skip from the lips of relationship managers working for high street banks. Spend any time talking to Venture Capitalists and they’ll probably tell you that any decision to invest in a company is driven…
The dictionary definition of “retirement” is simple enough. To retire is to leave the world of work behind and instead devote time to family, friends and also pursue personal passions, hopefully, supported by appropriate pension arrangements. But perhaps that’s too simple. Certainly, many people do see retirement as an event that represents a complete…
For a great many – perhaps the vast majority – of entrepreneurs, the sale of a business represents a genuinely transformational moment. After years of hard work, the value of the company is realised into hard cash. And if the business has been successful, the sums involved can be life-changing. As such, an exit is…
The world is a nervous place at the moment – not least because of all the economic uncertainties and risks associated with US/China relations, subdued growth in parts of Europe and, of course, the Brexit impasse. Against this backdrop, one key trend in the wealth management sector is the growth of active investment as investors…
According to research commissioned by the BBC, around 5.5 million Britons – roughly one in ten of the population – are currently living permanently abroad. Many live in Europe, of course, but Britain’s diaspora is spread across the world. The US, for example, has attracted more than 600,000 Brits and Australia is home to 1.3…
Landmark birthdays are perhaps not what they used to be. Thanks to a general improvement in health and longevity across the industrialised world, many of us have consciously or otherwise, pushed back the age at which we intend to start winding down, (or further down the line, retire) to some indeterminate time in the future….
