Elston Consulting

(For UK advisers) Economy: slight upgrade to growth, continued gradual moderation of inflation slightly above 2% target Markets: gilt yields rise slightly whilst digesting spending plans Taxes: a higher burden on employers and asset-rich individuals What does it means for UK large cap equity, UK small cap equity, gilts and currency. And most of all - how does it impact your clients' plans. Read our 2024 Budget: Key takeaways for discussion points with your clients https://lnkd.in/eQA2p8qb ... and apply for our in person and online post-Budget review on Wednesday 13th November 2024: “Investment solutions for the new tax regime” 1. Welcome & Introductions (with Elston's Henry Cobbe) 2. UK Economic Outlook (with FT Investor Chronicle’s Hermione Taylor) 3. Markets Outlook (with Elston's Hoshang Daroga, CFA) 4. UK Budget Review: What do the changes mean for your clients? moderated by Scott Adams 5. The “Flex First, Fix Later” Pension and Budget comment (with Steve Webb, LCP and Former Pensions Minister) 6. Panel Discussion and Q&A We look forward to welcoming UK advisers to this event. #elston #multiasset #investmentsolutions

(For UK advisers) Economy: slight upgrade to growth, continued gradual moderation of inflation slightly above 2% target Markets: gilt yields rise slightly whilst digesting spending plans Taxes: a higher burden on employers and asset-rich individuals What does it means for UK large cap equity, UK small cap equity, gilts and currency. And most of all - how does it impact your clients' plans. Read our 2024 Budget: Key takeaways for discussion points with your clients https://lnkd.in/eQA2p8qb ... and apply for our in person and online post-Budget review on Wednesday 13th November 2024: “Investment solutions for the new tax regime” 1. Welcome & Introductions (with Elston's Henry Cobbe) 2. UK Economic Outlook (with FT Investor Chronicle’s Hermione Taylor) 3. Markets Outlook (with Elston's Hoshang Daroga, CFA) 4. UK Budget Review: What do the changes mean for your clients? moderated by Scott Adams 5. The “Flex First, Fix Later” Pension and Budget comment (with Steve Webb, LCP and Former Pensions Minister) 6. Panel Discussion and Q&A We look forward to welcoming UK advisers to this event. #elston #multiasset #investmentsolutions

(For UK advisers) The kerfuffle about "persnuffle". Debt-to-GDP is the measue of how much the UK Government can borrow. But which measure of Debt makes most sense. Before QE, Public Sector Net Debt (PSND) was the main measure. With QE, where the Bank of England created money, the same measure excluding the Bank of England (PSND Ex) became the main measure, so that the numbers didn't look dreadful (!) Now the new Chancellor has moved to the same measure but adding some other government financial assets and liabilities (e.g. student loans and funded government pension schemes). that helps the numbers look better. Debt-to-GDP remains the key metric. But the devil, as always, is in the definitional detail. Here is a chart of how the three measure have evolved over time. To find out more, read our 2024 Budget: Key takeaways for discussion points with your clients https://lnkd.in/eQA2p8qb ... and apply for our in person and online post-Budget review on Wednesday 13th November 2024: “Investment solutions for the new tax regime” 1. Welcome & Introductions (with Elston's Henry Cobbe) 2. UK Economic Outlook (with FT Investor Chronicle’s Hermione Taylor) 3. Markets Outlook (with Elston's Hoshang Daroga, CFA) 4. UK Budget Review: What do the changes mean for your clients? moderated by Scott Adams 5. The “Flex First, Fix Later” Pension and Budget comment (with Steve Webb, LCP and Former Pensions Minister) 6. Panel Discussion and Q&A We look forward to welcoming UK advisers to this event. #elston #multiasset #investmentsolutions

(For UK advisers) Economy: slight upgrade to growth, continued gradual moderation of inflation slightly above 2% target Markets: gilt yields rise slightly whilst digesting spending plans Taxes: a higher burden on employers and asset-rich individuals What does it means for UK large cap equity, UK small cap equity, gilts and currency. And most of all - how does it impact your clients' plans. Read our 2024 Budget: Key takeaways for discussion points with your clients https://lnkd.in/eQA2p8qb ... and apply for our in person and online post-Budget review on Wednesday 13th November 2024: “Investment solutions for the new tax regime” 1. Welcome & Introductions (with Elston's Henry Cobbe) 2. UK Economic Outlook (with FT Investor Chronicle’s Hermione Taylor) 3. Markets Outlook (with Elston's Hoshang Daroga, CFA) 4. UK Budget Review: What do the changes mean for your clients? moderated by Scott Adams 5. The “Flex First, Fix Later” Pension and Budget comment (with Steve Webb, LCP and Former Pensions Minister) 6. Panel Discussion and Q&A We look forward to welcoming UK advisers to this event. #elston #multiasset #investmentsolutions

(For UK advisers) The kerfuffle about "persnuffle". Debt-to-GDP is the measue of how much the UK Government can borrow. But which measure of Debt makes most sense. Before QE, Public Sector Net Debt (PSND) was the main measure. With QE, where the Bank of England created money, the same measure excluding the Bank of England (PSND Ex) became the main measure, so that the numbers didn't look dreadful (!) Now the new Chancellor has moved to the same measure but adding some other government financial assets and liabilities (e.g. student loans and funded government pension schemes). that helps the numbers look better. Debt-to-GDP remains the key metric. But the devil, as always, is in the definitional detail. Here is a chart of how the three measure have evolved over time. To find out more, read our 2024 Budget: Key takeaways for discussion points with your clients https://lnkd.in/eQA2p8qb ... and apply for our in person and online post-Budget review on Wednesday 13th November 2024: “Investment solutions for the new tax regime” 1. Welcome & Introductions (with Elston's Henry Cobbe) 2. UK Economic Outlook (with FT Investor Chronicle’s Hermione Taylor) 3. Markets Outlook (with Elston's Hoshang Daroga, CFA) 4. UK Budget Review: What do the changes mean for your clients? moderated by Scott Adams 5. The “Flex First, Fix Later” Pension and Budget comment (with Steve Webb, LCP and Former Pensions Minister) 6. Panel Discussion and Q&A We look forward to welcoming UK advisers to this event. #elston #multiasset #investmentsolutions

(For UK advisers) The kerfuffle about "persnuffle". Debt-to-GDP is the measue of how much the UK Government can borrow. But which measure of Debt makes most sense. Before QE, Public Sector Net Debt (PSND) was the main measure. With QE, where the Bank of England created money, the same measure excluding the Bank of England (PSND Ex) became the main measure, so that the numbers didn't look dreadful (!) Now the new Chancellor has moved to the same measure but adding some other government financial assets and liabilities (e.g. student loans and funded government pension schemes). that helps the numbers look better. Debt-to-GDP remains the key metric. But the devil, as always, is in the definitional detail. Here is a chart of how the three measure have evolved over time. To find out more, read our 2024 Budget: Key takeaways for discussion points with your clients https://lnkd.in/eQA2p8qb ... and apply for our in person and online post-Budget review on Wednesday 13th November 2024: “Investment solutions for the new tax regime” 1. Welcome & Introductions (with Elston's Henry Cobbe) 2. UK Economic Outlook (with FT Investor Chronicle’s Hermione Taylor) 3. Markets Outlook (with Elston's Hoshang Daroga, CFA) 4. UK Budget Review: What do the changes mean for your clients? moderated by Scott Adams 5. The “Flex First, Fix Later” Pension and Budget comment (with Steve Webb, LCP and Former Pensions Minister) 6. Panel Discussion and Q&A We look forward to welcoming UK advisers to this event. #elston #multiasset #investmentsolutions

(For UK advisers) Economy: slight upgrade to growth, continued gradual moderation of inflation slightly above 2% target Markets: gilt yields rise slightly whilst digesting spending plans Taxes: a higher burden on employers and asset-rich individuals What does it means for UK large cap equity, UK small cap equity, gilts and currency. And most of all - how does it impact your clients' plans. Read our 2024 Budget: Key takeaways for discussion points with your clients https://lnkd.in/eQA2p8qb ... and apply for our in person and online post-Budget review on Wednesday 13th November 2024: “Investment solutions for the new tax regime” 1. Welcome & Introductions (with Elston's Henry Cobbe) 2. UK Economic Outlook (with FT Investor Chronicle’s Hermione Taylor) 3. Markets Outlook (with Elston's Hoshang Daroga, CFA) 4. UK Budget Review: What do the changes mean for your clients? moderated by Scott Adams 5. The “Flex First, Fix Later” Pension and Budget comment (with Steve Webb, LCP and Former Pensions Minister) 6. Panel Discussion and Q&A We look forward to welcoming UK advisers to this event. #elston #multiasset #investmentsolutions

We look forward to welcoming existing and prospective adviser clients to our upcoming post-budget conference on Wednesday 13th November 2024: “Investment solutions for the new tax regime” 1. Welcome & Introductions (with Elston's Henry Cobbe) 2. UK Economic Outlook (with FT Investor Chronicle’s Hermione Taylor) 3. Markets Outlook (with Elston's Hoshang Daroga, CFA) 4. UK Budget Review: What do the changes mean for your clients? moderated by Scott Adams 5. The “Flex First, Fix Later” Pension and Budget comment (with Steve Webb, LCP and Former Pensions Minister) 6. Panel Discussion and Q&A If you are UK-based financial adviser and would like to apply for place at our upcoming conference (in person or online), please find out more in the link below https://lnkd.in/eQA2p8qb How we support UK advisers We are delighted to be working with a growing number of independent adviser firms to assist them with 1) their CIP & CRP; 2) asset allocation and fund research; 3) their inhouse or external model portfolio solutions. #elston #multiasset #investmentsolutions

(For UK advisers) Economy: slight upgrade to growth, continued gradual moderation of inflation slightly above 2% target Markets: gilt yields rise slightly whilst digesting spending plans Taxes: a higher burden on employers and asset-rich individuals What does it means for UK large cap equity, UK small cap equity, gilts and currency. And most of all - how does it impact your clients' plans. Read our 2024 Budget: Key takeaways for discussion points with your clients https://lnkd.in/eQA2p8qb ... and apply for our in person and online post-Budget review on Wednesday 13th November 2024: “Investment solutions for the new tax regime” 1. Welcome & Introductions (with Elston's Henry Cobbe) 2. UK Economic Outlook (with FT Investor Chronicle’s Hermione Taylor) 3. Markets Outlook (with Elston's Hoshang Daroga, CFA) 4. UK Budget Review: What do the changes mean for your clients? moderated by Scott Adams 5. The “Flex First, Fix Later” Pension and Budget comment (with Steve Webb, LCP and Former Pensions Minister) 6. Panel Discussion and Q&A We look forward to welcoming UK advisers to this event. #elston #multiasset #investmentsolutions

We look forward to welcoming existing and prospective adviser clients to our upcoming post-budget conference on Wednesday 13th November 2024: “Investment solutions for the new tax regime” 1. Welcome & Introductions (with Elston's Henry Cobbe) 2. UK Economic Outlook (with FT Investor Chronicle’s Hermione Taylor) 3. Markets Outlook (with Elston's Hoshang Daroga, CFA) 4. UK Budget Review: What do the changes mean for your clients? moderated by Scott Adams 5. The “Flex First, Fix Later” Pension and Budget comment (with Steve Webb, LCP and Former Pensions Minister) 6. Panel Discussion and Q&A If you are UK-based financial adviser and would like to apply for place at our upcoming conference (in person or online), please fill in the enquiries form below. https://lnkd.in/eqgZY56g We are delighted to be working with a growing number of independent adviser firms to assist them with 1) their CIP & CRP; 2) asset allocation and fund research; 3) their inhouse or external model portfolio solutions. #elston #multiasset #investmentsolutions