Investing
Inflation impacts different age groups differently depending on their financial situation and investments. Some assume that older people have more assets that do not appreciate in line with inflation, while younger people have more debt. In this context, they may be right that inflation redistributes wealth from the old to the young.
As we are aware, there is no regulatory rule in Australia that explicitly says that a financial services firm that does not offer ‘personal financial advice’ should not be called a robo advisor. However, we at QuietGrowth are