Earlier optimism on the virus front started to fade, as a gradual easing of restrictions saw a spike in the number of new cases.
This saw new constraints imposed in some areas and prompted the World Health Organisation to suggest the worst of the pandemic may be
ahead.
The global economy is being shaped by conflicting triggers. These include productivity-boosting technology innovations, geopolitical tensions and the strident efforts of central banks to bring inflation under control. We examine the economic outlook and discuss the implications for your retirement savings.
Over the coming years, we’re about to witness the largest wealth transfer in history as Baby Boomers pass their hard-earned fortunes to younger generations. With an estimated $84 trillion set to be transferred, mostly from savings, investments, and real estate, this shift holds both incredible opportunities and significant challenges for families.