Downsizing
By Robert Brear BSc (Hons) Dip PFS IFA
Downsizing, at or about retirement, continues to be a popular opinion for many - even in the current economic environment.
Formal pension provision can simply not be enough to sustain previous and future lifestyles. Downsizing and investing your surplus funds can be a successful strategy. I would argue that this simple and straightforward process remains an economic method of maintaining lifestyle, whilst reducing outgoings at the same time. For lots of people whose children have left home to pursue their own independent lives they simply do not need the space afforded by their existing property anymore.
For those that are considering downsizing or are actively marketing their properties now, serious decisions about their future financial planning are just around the corner.
Appointing an independent financial adviser (IFA) could be a very worthwhile exercise in order to ensure the best chance of a strategic solution for your surplus assets. Such firms will use a mixture of software systems, experience of the market, industry training, such as fund manager seminars to construct investment portfolios which successfully match a clients attitude to risk.
Most importantly though they do not work directly for any of the companies that they may recommend so hold a completely impartial view, acting on behalf of the client to source the best solutions.
Our company Bentley Brear Limited established in 2002 is a private family owned business, locally based in Ripponden. We are part of the Sesame network of IFAs and specialise in running bespoke investment portfolios on behalf of individual and private clients and provide pension and retirement advice.
A recent independent study, conducted by the NMG Financial Services Consulting, was undertaken among 534 clients of Sesame advisers over 12 months and found that 97% of clients are "definately" or "likely" to use an IFA again.
Financial advice is provided by myself Robert Brear, and with over 16 years as a financial adviser, 12 of which as an IFA. I am highly qualified and well placed to help prospective clients achieve their financial objectives.
We offer a highly personal service concentrating on face to face meetings to ensure the best possible outcome and can accommodate potential new clients at our offices or in he comfort of their own homes whichever they would prefer.
We are happy to work on a fee basis aswell as traditional methods of adviser remuneration.