We have had a few comments in the last couple of weeks concerning the recent market volatility and I have thankfully been able to put clients minds at rest. The extent to which you may have been affected by the recent ups and downs really depends upon whether your investment was suitable for you in the first place and whether it is being managed professionally.
We find that many new clients have the odd pension or PEP sitting around, and nine times out of ten the moneys are invested in a ubiquitius 'Managed' fund. 100% of the money in one fund - and this is when clients get hit by market movements.
Any investment should suit a clients' risk profile and be diversified, whether it is a £1 million portfolio or a £20pm personal pension. With all new clients we carry out a full risk profiling exercise and then suggest funds which suit both the results of this exercise and also the clients age and timeline. That way we can be sure that any market 'blips' such as the recent correction do not affect clients more than they would expect to be affected!
Monday, 10 September 2007
Sunday, 9 September 2007
Zen launches 'Complete Financial Security' service
Clients of Zen Financial Services can now rest assured that their finances are in the best possible shape following the launch of Zen's 'Complete Financial Security' service.
The 'CFS' service initially involves a complete and detailed review of clients' existing financial arrangements. Details are taken of all financial plans and products currently in place; these plans are then reviewed and, if necessary, restructured to ensure they are providing the right benefits at the right cost.
A full risk profiling exercise is also carried out to ensure that any investment-based financial arrangements in place are well-suited to the clients individual tolerance of investment risk.
Following the production of a full initial report, further half yearly meetings take place to ensure that the plans and arrangements agreed upon remain suitable.
For more information contact Zen Financial Services at info@zenfinancial.net or visit www.zenfinancial.net.
The 'CFS' service initially involves a complete and detailed review of clients' existing financial arrangements. Details are taken of all financial plans and products currently in place; these plans are then reviewed and, if necessary, restructured to ensure they are providing the right benefits at the right cost.
A full risk profiling exercise is also carried out to ensure that any investment-based financial arrangements in place are well-suited to the clients individual tolerance of investment risk.
Following the production of a full initial report, further half yearly meetings take place to ensure that the plans and arrangements agreed upon remain suitable.
For more information contact Zen Financial Services at info@zenfinancial.net or visit www.zenfinancial.net.
Return of the blog...
Welcome to the resurrected Zen Financial Services blog.
Look forward to lots of information which will help you manage your finances!
Should you any questions re any of our posts, please feel free to get in touch via info@zenfinancial.net.
Look forward to lots of information which will help you manage your finances!
Should you any questions re any of our posts, please feel free to get in touch via info@zenfinancial.net.
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