We advocate reviewing your existing financial plans to ensure they remain suitable in helping you towards your financial goals now and in the future.
This approach is probably more relevant now than ever before, where a clear investment strategy and the ongoing management of costs can have a significant impact on your investments.
Sometimes people are put off making changes when sudden falls in value happen. If it’s in your interest to make a change we would not delay this because of a short-term reduction in the value of the plan being cashed-in or transferred because:
If funds are reinvested – which is very often the case – then any ‘bounce’ or future recovery should still be captured
Whatever the reasons for the change – lower costs, more flexibility, more suitable underlying investments etc – those are still going to be valid regardless of the value of the plan.