Updated: Jan 19
Let’s Take Time to Take Stock Together
Over the next three months we’ll be focusing on making sure our clients’ retirement plans stay on track.
The market changes over time and so do people. Regular reviews are essential to make sure that your investment risk profile is still aligned to your own circumstances and outlook.
It’s too easy for your financial planning to take a back seat. Life happens and you have other things to think about. We appreciate this at Reeves and we’re here to make your financial planning adjustments as painless as possible.
During the next quarter, our account managers will be reviewing the previous year and looking at their clients’ goals.
To facilitate this, we want to stress the importance of clients booking a call with their account managers.
How are things going? Is your investment strategy still the right one? Are you on track to meet your retirement goals? If you don’t know the answer to these questions, a 30-minute chat with your account manager could enlighten you.
People don’t stand still and so our aim is to make sure you’re still happy and comfortable with how your money is working for you.
At Reeves, we closely monitor our pensions (historic and current) and we work hard to ensure they remain in step with our clients’ retirement plans and that our clients remain on track to achieve their retirement goals.
This is particularly important for those clients in the Essential, Growth & Connect life stage who have some years to go before retirement. Many such people have found their working arrangements changing one way or another during the past 18 months and, with a change to work, often comes a change to pensions arrangements
Also, many people have experienced a shift in their priorities and sometimes worst-case scenarios, such as redundancy or serious illness, have become a reality. We will try to ensure that they don’t disrupt clients’ long term financial planning.
For clients in the pre-retirement life stage, the years leading up to retirement, we will conduct a full review and appraisal of their financial position. How close are they to meeting their retirement goals? Do we need to change the plan? What are the threats to the current plan? How will Reeves eliminate these risks?
We also take a look at anything else than should form part of the planning: a spouse’s circumstances, any inheritance or inheritance prospects, the possibilities of downsizing and so on.
For our retired clients, it will usually be a case of reviewing a plan that is already being put into effect to ensure it will still meet their needs.
Whatever life stage you’re in, it’s important to book a review meeting with your account manager.
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The articles are for information only and should not be construed as advice or a recommendation. The investment strategies mentioned are examples only and may not be suitable for your particular: circumstances, tax position or objectives. Please seek independent financial advice before taking any action.
No advice should be conferred from the articles. No action should be taken without independent professional financial advice as any actions on your pension may be irrevocable and have a big impact on your income in retirement.