So I've always been a financial planning DIYer. I understand American investing & personal finance pretty well. BUT now my UK nephew is asking me questions and I'm starting to look online for good software/apps/resources and at least so far, it would appear the US is far ahead of the UK in terms of tools, etc. Am I missing anything? I'm continuing to look. I've started researching UK taxes, etc. of course. Plus what retirement account types are available, etc. #FinancialPlanning #UKFinance
I'm actually starting to wonder if some of it is cultural too?
@nomdeb My uncle who retired early from a bank has all his money in property. I mean, I'm sure people invest in the LSE, but (a) they have regulations that work, (b) they have high tax brackets for high earners and capital gains, and (c) nobody likes the black suited crooks in the scare square mile.