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Our investment process – the key to your portfolio returns

A Reeves client can expect to receive an email every eight weeks with our latest investment advice on their portfolio.


We'll keep you in the loop with your investments

Reeves Independent give a recommended course of action, along with a brief explanation of the reasons behind it. It gives the essential facts in an easily digestible form, though it always invites the client to ring and speak to a client adviser if they want a discussion about their action plan and to have it explained clearly. 

In fact, that email is the culmination of eight weeks careful and detailed market research, analysis and discussion. This is a carefully structured process, which never stops, continues to grow and which we have developed over many years of investment experience.

At Reeves, we have three analysts – two internal and one external. In addition, we have an external investment adviser. The team produces a weekly market outlook, which is discussed at weekly meetings. One of the analysts will look at every fund and portfolio daily, so that none of them goes unmonitored for more than one working day. At each weekly meeting, there is a set agenda to discuss certain issues on a rolling cycle. For example, we will discuss the same issue in week three, in each eight-week cycle.

''Automatic alerts on every single fund means nothing goes unnoticed in the event of any significant movement.''

At every meeting, we review whether, on that day, we would create the same portfolios again. This is to ensure that we’re satisfied with everything that we hold. If we decide that we wouldn’t buy an investment on that day, then we take the view that it shouldn’t be in our portfolios at all. We also have automatic alerts on every single fund, so nothing goes unnoticed in the event of any significant movement.

In addition to the weekly meetings, discussions are held every four weeks to study a report prepared by the analysts. In the week immediately preceding each monthly meeting, our investment team compiles a report of the main holdings in each of our portfolios. This means that every email with recommended investment decisions, is the product of no fewer than ten meetings.

We also use high-level external advice. Every month, a different investment fund manager within the portfolio visits our offices to give a presentation on the outlook of the fund. Our team subject them to some tough questioning in order to gain an in-depth understanding of the manager’s strategy. This not only gives Reeves insight into each fund but also is invaluable in helping to build a constantly evolving picture of the way the market is moving.

We work tirelessly to make your investments work for you 

This is a structured, tried and tested system. However, the regular meetings and monitoring mean it remains flexible, and we can react immediately to extraordinary market conditions. The research and monitoring we conduct help protect our chosen holdings, so they continue to perform in likely market conditions.

We don’t have a policy of making constant decisions and transactions. Our philosophy of regular oversight and review means we can avoid having to make frequent sharp corrections. This approach is in line with that of industry leaders.

Once the cycle is complete and we have emailed our clients with our recommendations, it begins again in a constant revolving process of research - meeting - implementation.

During last year’s turbulence and falling markets, our system proved itself. This is because our portfolios stood firm in the face of adversity. They may not have increased in value, but they performed well compared to the markets, and the Reeves portfolio beat the FTSE 100 by about 5%.

For a free initial review of your pension situation, click the button below.


These articles are for information only and are based on specific client circumstances which may be different to yours. 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.

Dave’s financial plan for a dream retirement

Retirement planning has undergone some radical changes over the past 20 years


Dave knew he had to have a plan for a successful retirement 

There was a time when pensions were relatively straightforward, but that has changed significantly in the past two decades.

Final salary pensions are becoming less common and the qualifying age for a state pension has been increased, with pensions expert Malcolm McLean predicting it will hit 66 by 2020. Conversely, people have been given the ability to access their pension funds with greater flexibility.

To do this you, must have an idea of what income you’ll need in retirement and, for the plan to be realistic, you need to recognise that it will vary during your retirement.

For one client Dave Smith, 60, he knew would have to plan incredibly carefully to ensure that the retirement he had fantasised about for years would become reality. 

Dave realised that, to get the ball rolling, he would need to have a substantial period of good growth. This is the stage running up to retirement when Dave was still accruing wealth - at a greater rate than at any other time in his life. His children, Andy and Kelly, had left home and got their degrees. They were largely paying their own way in life – barring any naive financial choices. 

''You must have an idea of what income you'll need in retirement - and you need to be realistic in your plans.''

Dave was in a senior position in his career, as a Marketing Executive – with the highest salary of his working life. As a smart and savvy man, Dave decided to start making plans for his retirement. 

Dave gave up work at 57 - a number of years before the state pension age. 

These are the golden years of his retirement. Dave and his wife, Jacqui, realised their ambitions of going on a cruise and visiting her sister in Australia - whilst they were both still fit and healthy. Dave also bought and restored a vintage British motorbike. Fortunately, their outgoings are much lower, with the mortgage having finally been paid off just before he gave up work.

This means that he needs an annual income of £25,000. He has his pension and an ISA, as well as cash savings. Dave will continue working part-time as a Marketing Assistant for his daughter's catering business - which will earn him £8,000 a year.

With our advice Dave and his wife realised their ambitions 

We advised Dave to make up the difference of £17,000, between his outgoings of £25,000 and his part-time income every year, by using his ISA savings and by drawing £4,500 out of his pension.

That way, he is making full use of his £12,500 annual income tax allowance - which would otherwise be lost. He is also safeguarding his tax-free savings for the future - which will be vital to him. If you don’t use your income tax allowance, you are effectively inviting the taxman to take money off you in the future.

In seven years’ time, Dave will qualify for the state pension of £7,500 a year. He and Jacqui will have fulfilled their greatest – and most expensive – ambitions, but they will most likely still be active, in good health and want to travel.

For this stage in his life, Dave only needs £20,000 a year. However, he will have given up his part-time job, so he can relax after a hard-toiled career. After all, he has worked hard for this. After his state pension, he must find £12,500. Therefore, he will draw £5,000 from his pension - to use his income tax allowance - with the balance of £7,500 coming from his savings.

''If you don’t use your income tax allowance, you are effectively inviting the taxman: 'At some point in the future, tax me on this money’.''

By the time Dave hits 77, he intends to slow down. He and Jacqui will only travel occasionally, will go out less often and have given up driving. So, by then, Dave can comfortably get by with an income of £12,500. All of this can be met from both his state pension and own pension - without paying any tax.

Like Dave, many people can do much more in their retirement years than they may have thought possible. That's if, of course, they plan and don’t just drift into retirement.

You must realise and plan for the fact that your income needs will change as you get older. For the best - and most tax-efficient way - to structure your retirement strategy, you should always seek professional, independent advice. That's where Reeves Independent can really help you. 

Reeves Independent is a FCA (Financial Conduct Authority) regulated company - which can be checked by using the FCA register - with over 20 years' experience of offering expert financial and retirement advice. 

Click the button below for a for a free initial review of your pension situation.


Names have been changed to protect identity. These articles are for information only and are based on specific client circumstances which may be different to yours. 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.

Low interest rates are killing chances of a decent income in retirement

Some believe that rates are at their lowest for more than 25 years - but Reeves can help


Low interest rates are making it hard

Last month it was reported that annuity rates had plummeted to a 25-year low – however, some believe that interest rates are at their lowest for a much longer time than that. In the 1990s, £100,000 would have bought a 65-year-old an income for life of about £10,000 a year- today it will buy little more than £4,000 a year.

It’s worse than that - those are not inflation-protected annuities. If you want an income that will maintain its value over time, then that £100,000 will buy you an income of somewhat less than £3,000 a year. Essentially, you’ll spend your career scrimping and saving, worrying about the future. To get together a seemingly large pension pot of £500,000, and what you'd currently receive is a pension of less than £15,000 a year.

Lower interest rates have driven the most recent decline. It is also the reason behind the long-term decline, impacted further by the financial crisis in 2008. 

The consequences of this shift, though, are far more fundamental to our system of pension saving than either government or those of us desperately trying to save for our old age seem to appreciate.


It's going to be harder for younger people to save in the future

With traditional salary-related occupational schemes becoming scarce outside of the public sector, most of us don’t have a great chance in replicating the comfortable incomes enjoyed by many of today’s retirees.

Astonishing as it may be, the fact is most pensioners today are financially better off than they were during much of their working life. Once you take account of housing costs and the costs of bringing up children, they have a higher disposable income in their late sixties than they had when they were in their forties.  Today’s 40-year-old's should not look at their parents’ generation and expect anything remotely similar.

These low interest rates have had an even more fundamental effect on our system of private pension provision, though.  

''Despite these tough times, Reeves Independent can help you.''

Of course, at first glance, it makes for grim reading. However, it may not be as bad as it seems. Reeves Independent are experienced financial and retirement advisers. Yes, the facts above are true. But that doesn't mean you can't have a healthy retirement income.

The era of many retiring in their early sixties on a sizeable pension, possibly, will soon be over. In the future, due in part to these low-interest rates, you may have to work beyond 70.

However, no one can predict what the case will be. At Reeves Independent, we don't work on assumptions. We work on tried-and-tested research methods, industry leading communication and recommending regulated products and funds that we believe can get the best potential returns for you. We firmly believe that through proper monitoring and analysis of market movements and trend analysis we can make the right recommendations to yield a better return from your investments.

Through smart decision making and sound recommendations we believe we can set attainable, realistic goals for you - and that you can potentially retire well before 70.

Reeves Independent work hard to make sure we can get the best results for your portfolio.

To start your free initial review of your pension situation, click the button below.


This article was taken from The Times, written by Paul Johnson - Director of the Institute for Fiscal Studies. These articles are for information only and are based on specific client circumstances which may be different to yours. 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.