Initial Advice Process
At Longhurst we approach things a little differently to your traditional high street financial adviser. What we do is follow a trusted relationship process that we call ‘The 3 Hats Principle.’
The 3 Hats Principle goes as follows:
Annual Forward Planning Reviews
Using a Formula One analogy, getting your race-car off the start line is just the beginning; ensuring it reaches the checkered flag is the real challenge. It’s the same principle with financial planning.
If you want to maintain a dignified and comfortable retirement; maintain your version of financial independence; be tax-efficient; and leave a legacy for your loved ones; it will require constant work and adjustment.
As an example, one of our main roles as your financial planner is to be there with you during the inevitable market extremes, both periods of unsustained euphoria and exaggerated armageddon, with a focus on preventing you from doing anything that is financially self-destructive.
Our value to your family is exponential if we can ensure you don’t make life-changing errors during these periods.
We help by delivering a comprehensive Forward Planning Annual Review service, catering for you no matter what life stage you are at, broken down into two clear elements:
A pension is a long term investment, the fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interest rates and tax legislation.
Information is based on current understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from taxation, are subject to change.
The value of your investment can go down as well as up, and you can get back less than you originally invested.