Code Updates: Career Earnings Savings Vehicle
Following feedback from users, we have now created a new savings vehicle option when using Career earnings / Profile mode.
For those individuals who have a net worth over 1m, it is likely they will invest in a diversified portfolio as opposed to holding all of their wealth in one asset class (such as cash)
Following research we have established a typical asset allocation for wealthy individuals and created a proprietary returns profile that better reflects the returns that an indivdual with a diversfied portfolio receives. We have called this “Balanced Portfolio”
Our revised guidance is that for those with over 1m net assets you should choose this savings vehicle as opposed to the current default of low risk (Savings account).
Any questions please ask!
Jon