Business & Professional
Money Matters: Business & Professional
10 Belperand IFS: the OurTipping First Decade TheYears Gretaof Effect Point
Utopia is investments in companies that contribute to change
that the make need for financial advice and a solution should and also profits for investors. not be seen as a one-off. Financial products and solutions were probablySocial, right atGovernance the time, but just are how much Environmental, (E.S.G) a set of has standardssince for companies and investment. It is increasingly changed their inception? hot on the radar for many investors seeking financial solutions
that the needfunds for advice andina solution should in companies thatfinancial can help contribute to change. Memberor 10 years ago, Belper Matters: Independent Financial (whether held pension wrappers Making a Difference Through Investments Investment Money not be seen asthe a one-off. Financial products and countries ofstructures Unitedsuch Nations created a set ofsolutions 17 goals/ alternative as Stocks and Shares ISAs), Solutions was formed after its founder (me,
Kevin10 Glover) made redundant fromDecade The Yearswas of Belper IFS: Our First The impact that mankind is having on the Derbyshire Building Society. 10 years ago, Belper Independent Financial environment is becoming increasingly clear. Since then, Belper seendata the loss offounder The Derbyshire, Solutions washas formed after (me,the Scientific research and is its showing how Woolworths, Somerfield, Thomas Cook and Britannia Kevin Glover) was made redundant from The way we live is damaging the planet to almost Building Society toBuilding name but a few long-standing Derbyshire Society. beyond salvage. institutions that are now confined to history.
Since then, Belper have has seen theserved loss of The Derbyshire, Generations of people been or been Woolworths, Somerfield, Thomas Cook anditBritannia The tipping point is now – it’s not theYou time to give up as a customers of these organisations. are probably Building Society toimpact name on butthe a few long-standing hopeless cause. Man’s climate, the seas and and one. State Pension Age has changed several times institutions that are now as confined to history. the ozone is becoming clearer the oceans become more will most likely do so again. At least interest rates have Generations of people have served ozone or been polluted, temperatures rise and thebeen protective not much! Rubbish notare much customers of these organisations. You probably thins.changed David Attenborough andthen Gretaand Thunberg havebetter had today. one. influence State Pension Age hastochanged severalhow times and a significant on bringing our attention will from most fossil likely fuels, do soplastics again. At have pollutants andleast theinterest like arerates damaging
not we changed Rubbish then andatnot the world in,much! potentially us themuch point of no Consider thislive – joining the EUputting was considered thebetter right return.today. Correcting thea time. mess we are making could become decision once upon
irreparable, jeopardising future generations of our children
Consider this – joining the EU considered the right and also thedining eco-system. From my room in 2009, towas an office in Heanor, decision once upon a time. back to Belper and now to the present location, much The small steps we can take such as reducing wastage, has changed including the greyness of my hair and From my dining room in 2009, to an office in Heanor, recycling, reducing carbon emissions (‘go electric’), andthe using size ofback my energies waistline! Now astoaenough. team ofBut, 8 we havemuch seen to Belpermay and nowbe the present location, renewable not abandoning the the client base expand over the years. ‘Generous’ changed including the greyness of my hair andfeel the idea ofhas doing something because other countries don’t successive Chancellors introduce new legislation sizeisofa my Now as afford a teamtoofnot 8 we seen the same folly.waistline! We simply can’t dohave our own the client base expand over the years. ‘Generous’ bit because ourpublic ‘neighbours’ aren’t bothered (whether impacting the and signposting the need for they successive introduce live next door or Chancellors in next country!). We new are alllegislation neighbours financial advice.
were probably at the time, just how much has standards torun actright as indicators of but a company’s are mostly by fund managers who areESG alsocredentials human changed since their inception? (sdgs.un.org/goals). beings. As humans they may retire, defect to other companies, or run outtoofaspire luck!in thatInvestors may Investment funds (whether held pension wrappers orhave Firms are encouraged toSolutions these goals. are been rightstructures at asking the start may no longer be suitable or alternative such as Stocks andmanagers Shares ISAs), subsequently their pension fund to make effective. Leading managers 2009 may no longer are mostly run by fund managers whoinare alsocompanies human concerted efforts tofund back and support these (or beings. As humans theydon’t mayas retire, defect to other reject companies that comply). So even the traditionally be leading fund managers we approach 2020. companies, or run out of luck! thatto may toxic fossil fuel companies are Solutions now starting acthave towards
been right ator the start no longer suitable Remember, or these goals fall out may of regulations favour with be investors! In April 2015, pension changed. They will effective. Leading fund managers in 2009 nocompanies longer it is often you, as shareholders, own may these almost certainly change again.that Pensions from prior to be leading fund managers as wefunds/pension approach 2020. (indirectly through investment funds) and, if this time may no longer be suitable – but just how would enough shareholders act, you have an influence. The major you know? So, as you sit munching your turkey over the In April 2015, pension regulations changed. shareholders are the pension funds that youThey savewill your monies festive period,you consider how many of these questions almost certainly change again. from prior into therefore can have a Pensions massive influence ontohow the apply to may you andlonger see what may benefit this time no be suitable – but justfrom howhaving would a companies operate. review. you know? So, as you sit munching your turkey over the festive period,adviser consider of these questions As a financial wehow can many focus on companies that are
apply to ayou and see what may benefit fromfinancial having a making difference reject the companies that don’t. Is 2020 the time toand take a look at your review. Companies are once eageragain to make stillfitremain arrangements andsure getthey them for in favour with their owners and meet these targets. You as investors purpose?
Islike 2020 the time to take a look your financial to invest in companies thatatare geared to make money arrangements once againthat andmany get them fit for that meet and it is no coincidence companies Wishing you agoals happy andbetter a prosperous next 10 purpose? more of these are2020 showing financial results and years. profitability as a result. So maybe this is a topic to discuss next Wishing you a happy 2020 and a prosperous next 10 time you speak with your Financial Adviser? A chance to make years. changes, but in a different way through your investments.
impacting the public occupying this same planet.and signposting the need for
advice. What financial about you – what has changed in your lives over So, what more could we do? Where our money is invested the last 10 years? How many jobs have you had? Has What about you – what your lives over can determine outcomes. Wehas askchanged all of ourinclients if they your family extended or tragedy struck? How many the last 10 years? How many of jobs have you had? Has are concerned over the destination their investments or times have you moved house? How many pension family extended tragedy struck? How many pensionyour funds. Demand foror investments that exclude certain schemes have you been a member of and simply left, timesinvestment have you moved house? Howfuel many pension underlying in mining and fossil companies through one reason or been another? How many cars, left, schemes have you member and simply are increasingly requested. Buta it’s not all of about exclusion. through one or How many cars,too – Inclusion of theother rightreason types of another? companies is important, partners and life events have occurred? partnerstoand otheralternative life events have occurred? those looking explore renewable energies or
impactmany companies that arehave pioneering development can be a How investments you made and when Howlucrative many investments have you at? made when potentially area forand investment. were they last reviewed looked Myand point is were they last reviewed and looked at? My point is
By Kevin Glover, Belper IFS By By Kevin KevinGlover, Glover,Belper BelperIFS IFS
This information is general only and is not intended to address your particular requirements. The datatoabove should This isisgeneral only Thisinformation information general onlyand andisisnot notintended intended to not be relied upon in requirements. its entirety and shall not be should deemed address your The data above address yourparticular particular requirements. The data above should not not beor relied upon in entirety its entirety shall deemed bebe relied upon in its andand shall notnot beorbe deemed to be or to constitute advice. No individual company should to beupon or constitute advice. Nowithout individual or company should constitute advice. No individual or company should act upon such act such information receiving appropriate act upon suchwithout information receiving appropriate information receiving appropriate professional professional advice after without a thorough examination ofadvice their after professional advice after aofthorough examination of their a thoroughsituation. examination their particular situation. particular particular situation.
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To advertise contact Ruth: T: 01332 883140 M: 07545 261034 E: ruth@allthingslocal.co.uk
To advertise contact Ruth: T: 01332 883140 M: 07545 261034 E: ruth@allthingslocal.co.uk
To
