In the Chinese animal zodiac 2020 is the year of the rat and what a ratty year it has been!
Who at the beginning of the year would have predicted how devastating the coronavirus pandemic would be? I remember writing a blog on 4th February 2020 in which I said: “this is obviously a serious matter and could easily result in a global financial crisis and one headline asks; ‘is China's Coronavirus the next Black Swan?”
The recent fiasco with exam results in the UK highlights the risk and dangers of using algorithms to solve complex problems. The algorithm unfairly disadvantaged students from less privileged backgrounds.
This touched a raw nerve with me because I have always wondered whether robo financial advice disadvantages those with small amounts of financial wealth.
This is Money
Brilliant article in This is Money by Tanya Jefferies Fifty financial advisers team up to offer free half-hour sessions to over-50s with money troubles in coronavirus crisis You can book a 'no strings attached' call with a regulated financial adviser at emergencyfinancialadvice.org You can also read answers to common questions and email your own to the site Service was launche ...
National Emergency Advice
There is clearly a national state of emergency, but there is also a financial emergency for those approaching retirement with a money purchase pension and the over 70’s who are at high risk of suffering the worst effects of Covid 19. As the well-known pension commentator Henry Tapper wrote: “pensions are about people’s lives and older people are living in particular fear right ...
I understand the continuing volatility in the stock market is worrying for you all those invested in equity portfolios and I have written individual emails to my clients reviewing their pension plans It is only natural be concerned and in order to help you better understand the key issues at these unprecedented times I am sharing the contents of an email from Aberdeen Standard ...