Inflation is a constant risk for retirees, particularly in countries where sticky inflation is above the norm. Sticky inflation refers to a scenario where prices remain high for a prolonged period, even when the underlying factors that caused the price rise have already subsided.
When you seek financial advice, you want two things – good information that will help you make informed decisions, and an advisor who has your best interests at heart. Unfortunately, the commission-based structure of the financial industry means that you may not always get both of those things. In this blog post, we’ll explore how commissions can influence the financial advice you receive and what you can do to try to protect yourself.
When it comes to financial planning and investing, there are a lot of acronyms and jargon to wade through. It can be difficult to keep track of everything, let alone understand what it all means. That’s why it’s important to be aware of the fees charged by financial institutions, which can eat into your investment returns without you even realizing it.
The growth of the digital advice market is accelerating, which is primarily attributed to businesses rapidly adopting and investing more in their technological capabilities. This is good news for consumers seeking affordable and easily accessible financial advice. However, it also creates a more competitive landscape for traditional advisers who need to adapt, or risk being left behind.
At least I’m relieved that the Spanish-compliant investment bond came to my rescue! It appears that each country’s tax code has various methods for getting rid of our money. They also provide means for us to legally avoid paying taxes, as long as we buy the proper financial investments.