The exact same can be said of your investments if you do not review them and keep your portfolios up to date. What seemed like a great idea at the time may not be today. Many investors put their money away, choose funds with a 1 ,3 or 5 year time frame and then forget about them and put the documents in the draw only to be totally shocked at the end of the term when their investments have not met with their expectations, or at worst the fund has been suspended.
The best adviser in the world cannot claim to get it right all the time, but what they can do is make sure their clients are seen on a regular basis, updated with the performance of their funds and make the relevant changes to ensure their investments and are suitable in the current economic climate and, more importantly, continue to meet with your expectations.
I make it my number one priority to be always accessible to my clients and make sure I speak to each one on a regular basis to review the investments we have entered into.Do you receive a similar service?
In this current uncertain economic climate I would urge you to contact your investment adviser today and arrange a review of your own portfolio. The more people I speak to, the more I get the impression that they receive no on-going support/advice for the investments they hold. Do you feel like this?
This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.
As an expat myself, I have been keeping a close eye on the news relating to the British people’s decision to seek an exit from the EU. Our newspapers are filled to the brim day in and day out with commentary from the ‘Brexiteers’ and ‘Remainers’. Everyone seems to have an opinion as to what will take place, how it will look and what actions you need to take – but the basic facts at this moment in time are that ‘we don’t know’ – it is all speculation.
An investigation by The Pensions Regulator has for the first time resulted in an immediate custodial sentence for the perpetrator of professional pensions fraud, after William Bessent, an accountant who used his position as the trustee and administrator of a pension scheme to steal his clients’ savings, was sentenced to 40 months in prison. He pleaded guilty to multiple fraud charges, making prohibited employer-related investments, and separate charges of acting as a director while disqualified.