Finance Matters
brought to you by Advison Independent Financial Advisers
a d v i s o n
Independent Financial Advisers
Advison
is a small, friendly and reliable firm specialising in
Investments, Retirement Planning
and
IHT Mitigation
.
We offer a return to the traditional values only a smaller company can offer, a service we find
is appreciated by the more discerning client. We are happy to see you in the comfort of your own
home or at our peaceful and relaxed country offices, which have plenty of free parking.
All staff at
Advison
is either AFPC or FPC qualified.
----------------This is your opportunity to speak with the experts----------------
· Planned Savings Magazine National Estate Planner of the Year
· Regularly quoted in the national press for over 10 years
· Used as financial planning experts on BBC, Sky, CNBC, Bloomberg, Simply Money and the Money Channel
· Choice Magazine's Pensions and Trusts expert
No 7, Water End Barns, Eversholt (Nr Woburn), Beds. MK17 9EA
T: 01525 288488 E Mail: ifa@advison.co.uk
Advison Ltd is an appointed representative of IN Partnership the trading name of The On-Line Partnership Limited which is
authorised and regulated by the Financial Services Authority. Registered (England) No. 5009271
Call Kevin or Andrew for a preliminary chat or to arrange an appointment.
Expert independent advice is essential to ensure you make the most of the opportunities available for you and to establish an
effective strategy. Unlike many IFAs, Advison not only provides the initial advice you require but also produces regular
personalised reviews of your Investments, Pensions and Protection Policies, enabling us to ensure the assets you hold are still
relevant to your circumstances. We would be pleased to discuss your specific situation and plan the most appropriate course of
action for you. For full details about Advison please see our advertisement below.
I
t is often quoted that the largest asset you will ever own is your
house and for many people this is indeed the case. However, what
of the second largest asset? As with the house, this will differ from
person to person but it is not unreasonable to suggest that for many
people this will be their pension.
For those who spend all, or the vast majority, of their careers being
employed as a civil servant (such as nurses, teachers, the police etc)
this is very likely to be the case. However, their need to review the
pension on a regular basis is not as great as those with a private
pension. This is because they have a government backed scheme
and the main consideration for those in such schemes is whether to
put further money away into an Additional Voluntary Contribution.
How the actual pension fund is being managed is down to the
Trustees of the scheme and is out of the individual's control.
For those in the private sector, without such generous schemes, the
value of their pension can still build up to be worth a considerable
amount and ensuring that this is managed effectively is very
important. However, despite the value that pension funds can reach,
many pay far more attention to their other savings and investments,
such as ISAs, than they do to their pensions.
It is fairly common for us to meet clients for the first time and find
them with reasonable size pension funds which have been invested
in the same fund for 20 years without any review having taken place
as to the suitability of this fund. Traditionally, the vast majority of
pensions of this type have been invested in either a With Profits fund
or a Managed Fund.
However, pensions today provide a far wider selection of funds to
choose from compared to 5 or 10 years ago and there are far greater
opportunities to build a bespoke portfolio to suit an individual's
personal circumstances. Bearing in mind this is the money that will
provide an income for you for the rest of your life, once you retire,
reviewing where you stand with your pensions is essential sooner
rather than later.
This has never been more the case than now. With the recent turmoil
on the financial markets we have seen negative returns from
Equities, Corporate Bonds, Commercial Property and even some
Cash Funds! As ever, low values on any market provide opportunities
going forward and a thorough review of your pension funds and how
they are placed for the next few years is vital if you are to maximise
the growth opportunities for your policy.
Have you reviewed your Pension lately?
Phonebox Magazine 49