46 - Politics - Do You or Don't You?
TRAP: The Real Adviser Podcast
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Challenges and Competition in Financial Market
The chapter covers the lack of competition in the financial market in Ireland, specifically in savings rates from major banks like Bank of Ireland and AIB. It discusses the impact of Revolut entering the market with higher rates, prompting Bank of Ireland to introduce fixed deposit rates. The conversation also includes insights on pension dashboards, investing behaviors, challenges of outperforming the market, and the importance of focusing on the value of financial planning over investment solutions.
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