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Reducing financially induced stress

On June 12th it was announced that the UK economy shrank by a record 20% during the April lockdown. Whilst this probably did not come as a surprise to many (other than housekeeping, what did you buy in April?) it will not reduce the strain on many people’s finances. This could cause stress for a More…

Part-time work – the encore of your career

In my last blog I discussed avoiding a boring retirement. In my experience, I have seen many clients keen to retire but, having achieved that goal, they find that after around six months they start to get bored and many return to work, albeit part-time. In this article I will consider the merits of working More…

How are you finding your first taste of retirement?

Did you see the news reports of Mercedes, BMWs and SUVs queuing at food banks in America recently? It is quite a sobering thought to think that these apparently wealthy people do not have adequate emergency funds to support little or no income for only a few months. Do they have the wrong priorities; nice More…

Download your FREE guide on financial support for businesses and individuals during Covid-19

During this very challenging time, I hope you are staying safe. The rapidly developing news of the spread of the coronavirus pandemic and how it is impacting on our families, friends and businesses is a huge concern for us all. Understandably, people are worried about the general economic outlook and their financial planning. We have More…

My favourite case

About 10 years ago, I was having an annual investment review with Cumbrian clients Andrew and Mary. They had spent over 30 years building their business and sold it, when they retired. Unfortunately, they were not spending their money, only living off the ‘interest’, because they were scared of running out. I asked them, if More…

What should a good financial planner be doing for you?

A good financial planner needs to get to know you really well. It is essential that they get to know you first and get to know your money later. Going straight to the money is like a doctor putting his glove on before you tell him what is wrong. Most decent financial advisers get to More…

How a client’s tears changed my life

I had been an independent financial adviser for 15 years and I was getting bored. Talking about pensions, life assurance, investments, funds, volatility and returns was not very exciting. And did it make any real difference to our clients’ lives? Probably not. Then, one very wet Monday evening, an existing client came into our office More…