Your Pensions and Investments during the COVID 19 crisis

20 April 2020

By Gareth Williams Independent Financial Adviser

Many people are wondering if recent events have impacted on their long-term financial plans and considering if they should take any action. Independent Financial Adviser Gareth Williams shares some guidance:

My key message would be Don’t Panic! For many people now would be the time to take stock, to review and to fully understand their pensions and investments.

Ask yourself questions like:

• Do I know where all of my money is invested?

• What levels of risk do my individual investments carry?

• What is the overall risk profile of my portfolio?

• It is inevitable that I will have incurred losses but what effect does that have on my financial goals and plans?

• What opportunities are available to me in this period of volatility?

  • Having a sturdy, yet adaptable, long-term plan is a good idea at the best of times, but even more so when it appears that global events are hindering
    you in achieving your life goals.

Remember, your investment portfolio is a journey and the most important part of this journey is the destination. While the situation we all find ourselves
in currently is not one we expected, or welcome, we should consider it to be a slight diversion in a much longer journey. At Cullimore Dutton we can
help you build a medium to long-term plan, keeping the end-goal in sight and recommending any appropriate actions or adjustments to help you get to
where you want to be.

It is never too late, and you are never too old, to review your pensions and investments. By planning for the future, ensuring that you understand what
you have now and what your long-term financial goals are, you can take advantage of our expertise and assistance to look ahead without focusing on
the immediate past.

Can I still arrange a consultation while the Coronavirus is having such an impact on UK life?
you can. Our team are still open for business and very happy to receive new enquiries. We are very keen to take advantage of the opportunities to connect
that technology provides us with and would be delighted to arrange a video call through, Facetime, Skype or WhatsApp Video. We can offer you support,
advice and in many cases reassurance.

If you would like an informal consultation with no obligation or if there is anything else you would like to discuss then please get in touch with our
Independent Financial Services team on 01244 356 789 or email

Please note: This article is provided for information only and must not be considered as legal or financial advice. We always recommend that you seek independent advice before making any financial decisions. 

The value of your investment can go down as well as up and you may get back less than the amount invested