Market UpdatePosted in Investing, Market Commentary on 23.03.20 Read
Investors always have a long list of things to worry about but, in 2020, the coronavirus COVID-19 has very quickly eclipsed them all. With global stock markets gripped by fear and currently languishing far below the levels at which they started the year, we wanted to take stock of the evolving crisis and provide reasoned reassurance where possible.
History suggests, however, that selling is usually an...
Interview with our Economist Michael HughesPosted in Fiducia News on 22.03.20 Read
Following on from previous updates, our economist Michael Hughes talks to Fiducia’s Executive Chairman John Millican about the recent stock market turbulence. We hope this personal delivery of a message based on expertise offers some reassurance as we navigate these stormy waters. Click below to listen to an audio copy of their discussion.
Our statement on the Spring Budget 2020Posted in Financial Advice, Financial Planning (+3 more), on 16.03.20 Read
The Chancellor delivered the Spring 2020 Budget on 11th March 2020. To clarify for our clients, we have summarised the key financial planning changes below:
Tax relief on pension contributions
Those earning around or below the level of the personal allowance and saving into a pension may benefit from a top-up on their pension savings equivalent to the basic rate of tax, even if they pay no tax.
Our Investment Committee UpdatePosted in Investing, Market Commentary on 16.03.20 Read
We are not superstitious but what an extraordinary week to end on Friday the 13th. However, after the turmoil of the previous days there were signs yesterday morning that the markets have begun to regain some composure.
The rapid spread of Coronavirus has highlighted the vulnerability of our globally integrated economies to a modern pandemic. We probably have to go back to the Spanish ‘flu that swept the...
Financial planning for small businesses – what you wish they’d told youPosted in Corporation Tax, Financial Advice (+4 more), on 23.03.20 Read I recently met with the owner of a small but very profitable business and, for the sake of this article, we’ll call her...
Banks or Piggy banks? How to save for children.Posted in Financial Advice, Financial Planning (+6 more), on 16.03.20 Read
During volatile financial times, future proofing against economic turmoil by investing for our loved ones can seem more pertinent than ever.
It’s not just sweet treats and biscuits that grandparents choose to give to their grandchildren. Grandparents are often keen to contribute to grandchildren’s savings as a way of rolling wealth down the generations and saving tax.
Whether it’s saving for school or...
Your feelings and finances: are they connected?Posted in Financial Advice, Financial Planning (+3 more), on 09.03.20 Read
One basic principle that can help everyone manage their finances better is understanding that money is emotional. Everyone experiences emotions, both and good, and yet too few of us realise how they affect us financially. The truth is our emotional competence plays an instrumental role in our overall financial success, and our lack of emotional competence hampers many from building the life they want for...
Fund Manager Q&A – Gravis Capital ManagementPosted in Fiducia News, Financial Advice (+3 more), on 02.02.20 Read
How do we select the funds for your investments and what due diligence process is involved?
Gravis Capital Management (GCM) is a fund on our ‘watch list’ and, as part of a bigger ESG (environment, social, governance) movement being seen across the fund industry, it’s a good example of some of the diligence we carry out at Fiducia. Even if this fund doesn’t end up in our portfolios, we feel it’s a good...
Exemptions for the new tax year – All you need to knowPosted in Tax Planning, Annual Allowance (+6 more), on 19.02.20 Read
The end of the tax year is fast approaching and it’s important to use the next few weeks to organise your finances. You should ensure you have utilised all of your tax-free allowances and have claimed the appropriate tax relief. With rules and exemptions changing all the time, a little advice can go a long way in identifying these opportunities.
To this end, here’s a simple checklist of ideas you might...
Use it or lose it – know your limitsPosted in Tax Planning, Annual Allowance (+7 more), on 24.02.20 Read
It’s that time of year again…the run-up to the tax year end on 5th April 2020 provides an opportunity to finalise your affairs for the 2019/20 tax year. The recent general election meant the usual Autumn budget was deferred from October and is now scheduled to take place on 11th March 2020.
In uncertain times, it’s easy to let life’s dramas and global events distort your judgement. The risk is that you...
Could the Coronavirus derail the global recovery? Or is it an investment opportunity?Posted in Financial Advice, Financial Planning (+2 more), on 10.02.20 Read
One cannot help but have been perturbed by the dramatic drop in the FTSE100 on Monday 27th January of nearly 2.5% which was ‘blamed’ on the Coronavirus. What the ultimate impact of the virus will be is an unknown. However, the question remains as to how deeply the outbreak could affect the world economy.
I recently read an interesting article on the subject from Schroders, written by Piya Sachdeva and Azad...
Ooops I’ve done it again! Why we overspend.Posted in Financial Advice, Financial Planning (+1 more), on 03.03.20 Read
New Year. It’s never a good time for those who’ve overindulged during the festive period, whether on food or in terms of finances.
It can be hard to avoid the allure of an impulse purchase, whether it’s a bargain in the sales or an online offer that’s just too good to miss. Equally, impulsive purchases that promise the Dopamine hit of a sugar rush are just as difficult to resist when we’re caught off...
Why choose a Chartered firm? Why choose a Chartered Financial Planner?Posted in Fiducia News, Awards (+2 more), on 17.02.20 Read
After completing another stringent application to renew our Chartered status, we are delighted to announce our standards have once again met the criterion demanded of the Institute and our status has been upheld.
Whether looking for professional financial advice on such important issues as Financial Planning & Investment Advice, Retirement Planning or Estate Planning matters, we’re often recommended to seek an...
Death and Inheritance Tax – Do it right!Posted in Inheritance Tax, Wealth Management on 03.02.20 Read
Death happens to the best of us. It’s one of those unavoidable facts of life. But it’s also something for which we can plan.
Inheritance tax liability on the other hand, doesn’t have to befall us all. However, failure to exercise proper care during our lifetime can result in a very painful and costly situation for our beneficiaries, who may feel resentment, melancholy and a genuine feeling that they have...
Dogs and Investment portfolios – They’re the same right?Posted in Financial Planning, Investing (+2 more), on 20.01.20 Read
Twelve months ago, my Rottweiler Sonny unfortunately started to hop on one of his back legs and refuse to put weight on the other. As any good dog owner would, I took him to the vet with whom I have dealt for the past twelve years and who, after taking some x-rays, advised me that Sonny had suffered a cranial cruciate ligament rupture. He also told me that I would have to spend £4000 to have the injury repaired...
Fund Manager Q&A: Premier Miton InvestorsPosted in Investing, Fund Manager Q&A (+1 more), on 20.01.20 Read
Each month we post a Fund Manager Q&A in an effort to give a little insight into the processes involved in investment management and to throw some light on what concerns you may or may not have.
This month, we hear from the fund management team at Premier Miton Investors:
Fiducia Wealth Management: What is the approach to running the Premier Multi-Asset Absolute Return Fund in comparison to your Defensive Growth...
New Year Financial Planning ChecklistPosted in Financial Advice, Financial Planning (+1 more), on 13.01.20 Read
Happy 2020 to you!
For many of us, January is a time for reflection and for making resolutions for the year ahead. Perhaps you have resolved to exercise more, take better care of your mental health or spend more time with loved ones?
Most of us would benefit from taking better care of our financial health, so we have put together a handy checklist of the financial planning areas you may wish to look at.Make a...
Financial advice is for the many, not the fewPosted in Financial Advice, Financial Planning on 06.01.20 Read
Question: Who needs more help with their money? A millionaire? Or someone getting by month to month?
Of course, it’s a question that could be interpreted and answered in many ways.
These clients all have different goals and objectives and it’s true to say that money means different things to different people. Saving £100 in tax would help any of us, regardless of our wealth. £100 is £100, after all.
Fund Manager Q&A: Shroder Income FundPosted in Investing, Fund Manager Q&A on 11.12.19 Read
We like to post a Fund Manager Q&A periodically, to give a little insight into the processes involved in investment management and throw some light on what concerns you may or may not have.
This month, we hear from Fund Managers Nick Kirrage and Kevin Murphy from Schroders Income
Fiducia Wealth Management: Tell us a little about how the fund is managed?
Schroder Income Fund: The Global Value Team manages over...
The Gift of Financial Freedom this Holiday SeasonPosted in Financial Advice, Saving & Investing for Children (+1 more), on 18.12.19 Read
It’s that time of year again. We’re heading full pelt into the holiday season when we all long for quality time with loved ones but invariably end up stressed out, over-indulged and overdrawn.
For some inexplicable reason, we feel compelled to host the perfect Christmas lunch, to buy the perfect present and to make it the ‘most magical time of the year’.
It’s exhausting! No wonder we need a rest in...
Cost vs Value: Would you pay £2 for a £1 COIN?Posted in Financial Advice, Wealth Management on 16.12.19 Read
Now picture this: it’s raining, you’re running late for a meeting, the parking meter only accepts £1 Coins and you don’t see any alternative options around.
Or perhaps, you are at the supermarket for your weekly shop and you don’t have a coin for the trolley?
Would you be willing to pay £2 for that £1 coin in the search for comfort? Probably. Even though the price is £1, the value attained is more...
The General Election – Intelligent investing in a climate of unknownsPosted in Financial Advice, Investing (+3 more), on 09.12.19 Read
“In today’s uncertain economy, the safest solution to be wealthy, be in total control and enjoy freedom for you and your family is to have multiple streams of income.” — Robert G. Allen
The age of uncertainty. The pre-Christmas treat of a general election that the UK’s been gifted is just one of many uncertainties blending with the seasonal festive fever this winter. Trade wars, Brexit, the rise of...
Finding the best mortgage solution for you rarely comes ‘off the shelf’.Posted in Financial Advice, Guest Editor (+2 more), on 04.12.19 Read This month’s guest blog comes from our professional connection H D Consultants, provided by principal and founder Howard Reuben.
Having been a financial adviser focusing on mortgages and protection for nearly 27 years, I’ve had the pleasure to work with a wide range of clients including families, businesses, sole traders, individuals, couples and a plethora of other permutations. Over the years, I’ve helped to...
A guide to saving and investing for a child’s future.Posted in Fiducia News, Financial Advice (+6 more), on 02.12.19 Read
Fiducia Wealth Management has the Midas touch.Posted in Fiducia News, Awards on 25.11.19 Read
What a way to start the week!
Going for Gold!
We’re absolutely delighted to announce that last Thursday, Fiducia Wealth Management, proved it has the Midas touch, being awarded the prestigious status of Gold Standard for Independent Financial Advice.
Held at Fortnum & Mason on Thursday 21st November, the Gold Standard is viewed as one of the most highly sought-after accolades in the profession. Fiducia is one of...
Let’s get married. The tax perks: what you need to knowPosted in Financial Advice, Wealth Management on 18.11.19 Read
Some of the best, most valuable financial advice doesn’t require reinventing the wheel. In fact, it can often be the most fundamental and obvious aspects of managing money which a financial planner can highlight and bring to a client’s attention, making a huge difference to financial wellbeing.
Marriage allowance. What is it and who qualifies?
In my experience, this is one of the easiest but most frequently...