Poznaj CEO próbującego „zwiększyć wartość netto całego pokolenia”
Dyrektor generalny Finimize, Carl Hazeley, mówi o tym, jak zwiększająca się długość życia i nadchodzący pokoleniowy transfer majątku mogą sprawić, że inwestowanie stanie się dla milenialsów jeszcze ważniejsze.
CZYTAJ WIĘCEJ : http://pl.euronews.com/2025/04/14/poznaj-ceo-probujacego-zwiekszyc-wartosc-netto-calego-pokolenia
Zasubskrybuj nasz kanał.Euronews jest dostępny na Dailymotion w 12 językach
Dyrektor generalny Finimize, Carl Hazeley, mówi o tym, jak zwiększająca się długość życia i nadchodzący pokoleniowy transfer majątku mogą sprawić, że inwestowanie stanie się dla milenialsów jeszcze ważniejsze.
CZYTAJ WIĘCEJ : http://pl.euronews.com/2025/04/14/poznaj-ceo-probujacego-zwiekszyc-wartosc-netto-calego-pokolenia
Zasubskrybuj nasz kanał.Euronews jest dostępny na Dailymotion w 12 językach
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NewsTranscript
00:00We're all going to live much longer and have no money to fund that retirement.
00:04If someone's guaranteeing a return, they're either lying to you or breaking the law.
00:13Welcome to The Big Question,
00:15the series from Euronews,
00:17where we dive deep into some of the biggest topics on the business agenda.
00:20Today I am joined by CEO of Finomise, Karl Haisley.
00:24So thank you very much for joining me today.
00:26So just to start us off, can you just tell me a little bit about what Finomise do and what are your main names?
00:31So Finomise is a financial news, insights and research platform
00:34that aims to give everyone the tools to become their own financial advisor.
00:39We do that through our world-class analysis.
00:43And in so doing, we hope to increase the net worth of an entire generation.
00:48And do you think, you know, to kind of get the younger generation,
00:51so millennials and then even Gen Z, into investing, do you think we need a bit of a culture change?
00:55You know, there is often that perception that, you know,
00:57if you don't have much disposable income, investing isn't for you.
01:00Look, it was true 10, 15 years ago that you needed a certain amount of money to think about investing,
01:04and that's just not the case anymore.
01:06I can't confidently say that it's as accessible as it needs to be for everyone.
01:10I think that's a moving target and it's a goal that the industry should aspire to.
01:16I think there are more misconceptions on the financial services side than there are about actual modern retail investors.
01:23I think there are two big mistakes that the industry is making overall.
01:28I think first is on the institutional side, where institutions treat non-experts like idiots, frankly,
01:36by talking down to them, by assuming that a 19-year-old or a 23-year-old cannot possibly have more than a couple of pennies in savings
01:47and therefore couldn't possibly be right to consider for an investment product.
01:52The best indicator of how somebody is going to behave and what they need from a financial services provider or an investment provider is their action, their content consumption.
02:02So whether you're 19 or 95, if I know that you've been reading about mortgage rates, interest rates, how to build a nest egg, your emergency fund,
02:12that tells me more about what you're likely to do next than just your age, your marital status and so on.
02:18And the second big mistake is treating customers' users as the tool to make a margin.
02:24So what I mean by that is, if you take financial services as a whole,
02:27we take medium-level complicated stuff around investing, money, etc.
02:31We simplify it so that we will understand what's going on.
02:34Then we make it really complicated, put it in front of people and say, pay us.
02:38And that's how you make a margin.
02:39And what's wild to me, and I think the big mistake that the industry is making is,
02:44you know, you don't go to the cinema without checking Rotten Tomatoes.
02:48You don't go to a restaurant or on holiday without checking TripAdvisor.
02:52Yet when it comes to money, this big, most important thing in your life,
02:55you're being expected to make decisions without access to either the way to make those decisions or the way to learn more.
03:03Why should someone who maybe doesn't have that much excess cash to invest,
03:15but what potential does it have to grow versus just, you know, sticking it in the bank?
03:20It's often a tricky pitch because to warn somebody about some future state, which is so far away,
03:27it doesn't feel urgent.
03:28But the fact of the matter is, if you stick your money in a bank account that earns a couple of percent of interest,
03:34inflation will eat away at that over time.
03:36If inflation is at 2% for 30 years, €1,000 is worth €500.
03:41If inflation is at 10% for seven years, that €1,000 goes to €500.
03:47Investing, broadly, helps shield you from that impact.
03:51It will grow your money at least in life with inflation, hopefully more.
03:55Over the very long run, it has historically outperformed inflation by a long chalk.
04:02And what that means is when you get to the later stages in life, you have a nest egg to retire with.
04:09When we think about preparing for the future, and, you know, I guess retirement is becoming increasingly far in the future.
04:14Yes.
04:15How much do we really need to be planning for that now, with our investments?
04:19So the short answer is, we absolutely need to plan for it now.
04:22It's not a case of being able to rely or not being able to rely on a government.
04:26It's just the simple fact that inflation is ever-present, at whatever level it is.
04:32And, you know, the future is so far away that government plans may change, have changed, will continue to change.
04:39So it's not a reliability issue, it's a forecasting issue.
04:43And the one thing you can control is what you do today.
04:46And I guess the bigger picture here is that the responsibility for making sure you've got enough when you stop working has never been more pressing on people.
04:56And, again, looking at the big picture stats here, there's a generation of people, millennials and downwards, who are sleepwalking toward a retirement where, with rising life expectancies,
05:10approved medications, Ozempic, you name it, we're all going to live much longer and have no money to fund that retirement, which is a terrifying state of affairs.
05:19Yeah.
05:20And that's why it's never been more important to take advantage of accessibility, education, for modern retail investors to invest, frankly.
05:28So, for someone who maybe wants to think about creating a better financial future for themselves, but feels completely clueless on where to start, what would you advise?
05:37Find a source, newsletter, a website, a podcast, all of the above, and spend five, ten minutes each day just building your awareness.
05:48You'll find, eventually, that you can join the dots between an event and a response.
05:56A central bank has said something, what does that mean for me?
06:00Tesco has reported a record profit, what does that mean for the price of groceries?
06:04And, from there, you start to realise how much you don't know.
06:07It's a bit like learning a language.
06:08A little bit every day, you start to feel more confident, you start to feel more able to engage.
06:12Is there any scams that people should watch out for?
06:14If someone's guaranteeing a return and guaranteeing that something's going to go up, they're either lying to you or breaking the law.
06:20Either way, steer clear.
06:22Because, you know, predictions are hard, especially about the future.
06:25And, with the best will in the world, with the best research in the world, no real investor can guarantee anything.
06:33And so, that's the big red flag, I would say.
06:35Do you think there is a responsibility there for us to really think about where we invest our money?
06:40Like, should we make sure that we are doing good with our investments?
06:43Thematic investing is particularly popular among millennials, whether that is climate-focused or trend-focused.
06:51I think there's a really strong argument for it.
06:53I try not to be the arbiter of how people invest.
06:58I would rather you invest in a way that I absolutely loathe than you don't invest at all.
07:04And that's for the reasons we've discussed around it just being necessary for everybody.
07:08But if I look at our data, so we survey our members quarterly, and a significant proportion have said,
07:16I will not invest in something if it doesn't align with my values, so 30-40%.
07:20A similar number have said they would forego a return on their investments if the return was helping people,
07:28planets, environment and so on.
07:31At the same time, about half of people just last quarter have said,
07:36actually, I'm paring back my ESG-focused investments,
07:41which is probably a nod to what's happening politically at the moment.
07:45Well, on that note, thank you so much for your time today, and thank you for joining me on The Big Question.
07:49Thank you so much.