Skipton Financial Services
Wednesday, August 3, 2016 - 10:14

Brexit: do you need help monitoring your investments?

We live in interesting times. The June 24 Referendum result has huge consequences for the future of the United Kingdom, triggering many questions that for the moment are unanswerable.

It is understandable that recent market volatility might have caused you concern. If you are investing for the long-term, the most important thing that you can do right now is avoid making rash decisions. The nature of investing is that stock markets rise and fall – and it is unwise to pay too much attention to short-term performance.

Whatever the future holds for the UK, it’s the future of you and your loved ones that matters. It is not yet clear when a more settled economic picture might emerge, so putting your own future on hold might not be a good idea.

Finding the right path

In this period of historic low interest rates, many people have – where appropriate – opted to invest their savings for them to grow over the long-term. However, it’s important to keep track of how your portfolio is performing, so you can make changes if needed.

For many people that’s easier said than done. To monitor your own investments you need to have a reasonable level of experience and the time to do your own research.

Alternatively, you could ask us to do it for you. Not only can we help you to review your savings and investments, we offer an ongoing service called Monitored Informed Investing (MII).

How MII works

In return for an ongoing fee, SFS will closely monitor how your MII investments are performing and keep you regularly updated. This includes speaking directly to the teams managing your funds on a regular basis, in order to hear their thoughts on performance and future strategy.

You’ll be kept up-to-date through MII Quarterly and Annual Reports, which feature a detailed breakdown of your investments, reasons for performance and how recent market events have influenced returns.

When it comes to major events like the Brexit verdict, we send further communications to keep clients informed. Daniel Howard, Technical Research Manager, explained, “It can be unsettling to read stories of market falls, so we want to reassure our clients that we’re closely monitoring their investments and regularly speaking to fund managers on their behalf.”

An ongoing service may not be suitable for you, as if you are happy monitoring your own investments and don’t want to pay an ongoing fee. However, if you want regular updates and support, MII could be right for you.

Daniel added, “Clients continually tell us how much they appreciate the level of service we provide through MII and the fact we are monitoring their investments on their behalf.”

By arranging a review of your investment or pension needs, your adviser will also help you to determine if MII could be right for you. We constantly research the market to source the right products, and we will share this expert insight by offering recommendations relevant to your needs and circumstances.

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