According to reports in Citywire, Barclays is planning to stop offering financial advice through its retail branches by closing Barclays Financial Planning after a review deemed it no longer commercially viable.
If you are looking for expert financial advice, one of our highly qualified financial advisers would be delighted to take your call on 01582 715777
Archive for the ‘Wealth Management’ Category
Barclays financial planning arm to close
Tuesday, February 1st, 2011Recent Press Daily Mail – Why choose independent financial advice?
Thursday, January 27th, 2011The daily mail recently published an article titled, Yes, it IS possible to find honest advice. This was in response to Barclays record 7.7m fine for mis-selling.
Without repeating the article in full the outcome was you can still get good advice from independent financial advisers such as ourselves. The article referenced some useful web pages www.thisismoney.co.uk/adviser is one of the pages and explains the difference between the different types of financial advice available and the reasons for seeking independent financial advice.
If you would like to speak to an independent financial adviser please contact us.
Master Investor 2010
Friday, April 30th, 2010It is nearly a week since the team from Lyndhurst spent a day at its stand at Master Investor 2010 and I’ve been reflecting on what a great job the team at t1ps.com did in organising the event, congratulations to all involved.
Is a Standard Life Wrap Account right for you?
Thursday, January 7th, 2010Typically a wrap account is suitable for clients who;
Research would suggest that clients value ongoing relationship management yet advisers are often forced to spend most of their time preparing reports, gathering data and making product recommendations. Do you value the time you spend with your adviser over the time they spend preparing for that meeting? If you moved your assets to a our wealth management service which incorporates Standard Life wrap or another suitable wrap account, administration would be reduced and adviser time could be maximised.
If you wish to adopt a Lyndhurst Wealth Management Service which includes a wrap account which is appropriate to your needs please contact your IFA or admin@hicks.co.uk.
Aviva reduces Market Value Reduction on With Profits Policies
Friday, October 23rd, 2009We’re pleased to announce that Aviva is making further reductions to Market Value Reduction (MVR) rates from 19 October 2009.
Aviva, formally Norwich Union has reduced its exit penalties on with profits policies bought between 1988 and last year on the back of stock market improvements in the last six months.
The reductions range from 0% to3% with the average being slightly over 1.5%.
The average MVR rates applying to policies are:
|
Year units bought |
Average MVR rate as at 1/7/09 |
Average MVR rate as at 19/10/09 b |
|
1988 |
5% |
2% |
|
1989 |
14% |
12% |
|
1990 |
6% |
4% |
|
1991 |
0% |
0% |
|
1992 |
1% |
1% |
|
1993 |
1% |
1% |
|
1994 |
2% |
1% |
|
1995 |
1% |
1% |
|
1996 |
3% |
2% |
|
1997 |
8% |
5% |
|
1998 |
15% |
12% |
|
1999 |
16% |
14% |
|
2000 |
20% |
18% |
|
2001 |
11% |
10% |
|
2002 |
2% |
1% |
|
2003 |
1% |
0% |
|
2004 |
2% |
1% |
|
2005 |
9% |
6% |
|
2006 |
16% |
13% |
|
2007 |
18% |
16% |
|
2008 |
9% |
8% |
To find out if this affects you favourably please contact your financial adviser.
FTSE Heads for Record Quarterly Gain
Wednesday, September 30th, 2009London equities rose towards their best quarterly performance on record, with strong gains for insurers on growing hopes of further bid activity in the sector.
Overall, the FTSE 100 rose 25 points to 5,184.82, on course for the best quarterly performance in its history. By the end of the previous session, the index stood 21 per cent higher since the start of July.
Are you Derren Brown? Can you predict the future?
Thursday, September 10th, 2009You may have seen the Channel 4 show, “The Event Live” in which Derren Brown revealed a pre-selected set of lottery balls shortly after the real ones were drawn.
Can he predict the outcome of the lottery results, or the next day’s stock market movers?
It would be nice to think so, but the truth is he can’t and neither can we. That is why we don’t chase stocks or asset classes investing for short term gains. We allocate our clients investments in a diverse mix of asset classes appropriate to their investment risk which over the longer term should perform in all market conditions.
Do you know your investment risk? Do you know your attitude to risk? Do these 2 numbers match up?
To find out the answers contact us and we will reveal all!
Derren Brown will also be revealing all tonight on his follow up show.
Client Referral Programme
Tuesday, August 4th, 2009
Tell a friend about Lyndhurst
Refer a Friend to Lyndhurst
A number of our existing clients regularly refer us to friends or colleagues, so from now on we are offering a thank you gift to anyone who introduces a new customer (individual or company) who implements our financial advice recommendations.
You can choose from the following (subject to availability):
· £25 donation to your chosen charity
· Bottle of Wine
· 12 red roses
· £25 John Lewis vouchers
What you need to do to benefit from this offer
· Contact us and give us the details of the person you wish to introduce or pass our details on and ask them to mention your name at their first appointment.
We will send you your chosen gift as soon as we receive payment following the completion of your friends contract.
Recommend a friend now!
