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CHAIRMAN’S LETTER
02
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THE INVESTOR
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D
AVID
L
AMB
Chairman, Investment Committee, St. James’s Place Wealth Management
his edition of
The Investor
continues with our
intergenerational theme as well as following last
issue’s Brexit focus with a look at the knock-on
impact of the lower pound, how investment in
infrastructure helps the economy and howRussia
has fared since the split of the Soviet Union.
This year marks the 25th anniversary of the break-up of the Soviet
Union, precipitating huge political and economic changes in
Russia.Weexamine Russia’s progress since the break-up and its economic prospects.
Pensions reform, while giving us greater exibility in retirement, has
also opened a new door to fraudsters seeking to take advantage of the
unwary.Welook at some of the most common nancial scams, identify
the warning signs and advise on the best ways to avoid being caught out.
Meanwhile, getting a foot on the property ladder has never beenmore
di cult for young people as they face the challenge of saving for a deposit
in the face of rising house prices. Our In Your Interest feature considers
how older family members may hold the keys to home ownership.
Staying with the home ownership theme, we look at how retirement
accommodation is changing tomeet the growing expectations of
residents.What can prospective residents expect and what are the
nancial planning implications of a move from the family home?
I hope the latest issue of
The Investor
will be of interest to you. If you
have any queries, please contact your St. James’s Place Partner.
FOR FURTHER INFORMATION ON ANY OF THE ARTICLES IN THIS ISSUE OF
THE INVESTOR
, PLEASE CONTACT YOUR ST. JAMES’S PLACE PARTNER
T