When you appoint us as your financial adviser, we will work with you to put a personal financial plan in place, one that reflects your goals, circumstances and priorities. Depending on the level or service you have with us, you will receive an ongoing service, this means you will be invited to either annual or 6 monthly review meetings to look over your financial plan and ensure it continues to support your long-term goals.
Why you should attend a financial review meeting
A financial plan is not something you set once and forget. Life changes, careers evolve, families grow and priorities shift, and your financial arrangements should adapt too. Your review meeting gives you an opportunity to:
- Check that your plan still reflects your current circumstances
- Discuss any changes in your goals or needs
- Understand how your investments have performed since your last review
- Keep up to date with changes to taxation and legislation
- Ask questions and talk through anything you are unsure about in a relaxed, supportive environment
It’s also a chance to ensure that all ongoing services you receive continue to align with your needs.
What your financial review meeting typically includes
Here’s what our clients can expect when they attend their review:
1. A conversation about what has changed
We’ll begin by discussing any updates since your last meeting – personal circumstances, work changes, income, spending, family needs or future plans. Even small changes can influence whether your financial arrangements are still suitable.
2. A review of your existing financial plan
We revisit your goals and check whether you are on track to meet them. This may include:
o Reviewing savings and investments
o Checking on pensions and retirement planning
o Assessing protection or insurance needs
o Looking at cashflow or budgeting changes
3. Look at performance and progress
We’ll walk through how your arrangements have performed compared to the expectations set at your last review. This is an opportunity for us to clarify anything you’d like explained and to give you an idea on how we expect markets to behave in the coming year.
4. An update of legislation or economic changes
Your adviser may highlight relevant regulatory, tax or market changes that could affect your financial arrangements.
5. A clear summary of next steps
If actions are required following the meeting, your adviser will outline these for you, ensuring you understand what they involve and why they advise on these actions.
How to prepare for your financial review meeting
To help you get the most value from your review, it can be helpful to:
- Bring up-to-date financial paperwork (if requested, or if you feel it is necessary)
- Reflect on whether your goals or circumstances have changed
- Make a note of any questions you would like to ask
- Think about any concerns you have about the future
If we require anything from you then we will be in contact ahead of your meeting to give you enough time to prepare.
Our commitment to you
Your financial review meeting is designed to give you clarity, confidence and control. It’s a chance to check that your financial plan still works for you and to ensure that you are getting the most from your ongoing service.
