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Yet another Corona post

Because this fear we are carrying is a heavy weight and it can be paralysing. 

There is no shame in coming out of yet another lockdown with the same body, the same empty canvasses you so desperately wanted to fill or still no plan about how your financial future looks. Despite all the motivated faces hopping around your Tik Tok screen, you are not alone with this! 

According to the article called “ Dealing with disappointment”, Manfred F. R. Kets de Vries, published in the Harvard Business Review disappointment is something most people struggle with. At the root of disappointment are expectations. Typically, those are set way too high. What’s the fix? 

Constructively deal with your disappointment. Admit to yourself that what you were trying to take on is too much, especially given this depressing, anxious climate we are in. 

You don’t have to do everything yourself, this is what specialists are here for. Get a financial planner to look at your finances with you. Get expert advice on your pension rather than trying to figure it out yourself. 

Don’t try to teach yourself cooking but join a Zoom cooking class. Do a virtual group workout and even meet new people. 

In reaching out for help not only do you take weight of your own shoulders, but in many cases you even support businesses that otherwise would be struggling due to the restrictions they are dealing with. 

As a Personal Assistant I can assure you, hiring somebody to support you is a game changer. 

If you need any help with your pensions or investments, please reach out to Paul Rhodes direct, or myself via the contact form below. More than likely you will speak to me anyway as I manage Paul’s diary and back office, so he can fully focus on what he does best: making your money work for you! 

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.

Other News

Expats should consider short-term appeal of regular savings, says report

There are so many options when it comes to expat regular savings, but sometimes, according to a new piece of research, the best thing to do may also be the most straightforward.

The report, which was carried out by Paul Lewis (respected journalist and presenter of Money Box, Radio 4’s flagship financial affairs programme), found that over a 21-year period, regular savings actually produced better returns than shares from a FTSE 100 tracker fund.

The research has raised some eyebrows in the financial advice and wealth management industries, where it has long been the accepted position that investing in shares produces better outcomes than simply adding to expat regular savings.

Read More

Tops Tips to Avoid Pension Transfer Scamming

Stop message painted on roadThe Pensions Regulator (TPR) has recently acknowledged that pension scammers are being caught out and hindered by action from the government, regulators, the Work and Pensions Committee, and the wider industry, but added that vigilance is still needed.

On 22 May, speaking at the Association of Member-Directed Pension Schemes’ conference, TPR’s Anthony Raymond said that the plan to ban cold-calling is a welcome step-forward in protecting consumers, and that a recent High Court ruling, which saw four scammers ordered to repay £13.7million they had swindled from 245 victims, sent a clear message to fraudsters.

However, while this court action to regain funds for scam victims is brilliant news, the recommendations for pension savers are clear: stay aware of fraudulent activity and seek independent, regulated pensions advice before signing anything.

Blacktower’s top tips for scuppering the scammers

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