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Category Archive Savings

Bydylanbbd

Work with Us

We are looking to talk with Independent Financial Advisers, or indeed tied/restricted financial advisers, who are looking to make a move to the independent sector to enable them to be able to provide their clients with a full financial planning service. We are particularly keen to speak with self-employed individuals who are generating an income of £100,000 or above with ambitions to grow their business; without the burden of regulation and other headaches which impact heavily on advisers daily activities.

For those ambitious advisers looking to join one of the UK’s leading team of financial advisers we are able to provide a range of support, benefits and operational infrastructure including;

  • Technology – We use the best technology to enable our advisers to work effectively in an ever-changing and challegning world. Our CRM is the UK’s largest provider of web-based technology to the financial services industry, for providing fine details of investing wisely we use industry leading analytics software to do our research and provide the information required to manage succesful portfolios, when it comes to retirement planning we use the most highly regarded tool within the market and when it comes to support clients with protection and mortgage needs we use industry favourites also when it comes to cashflow modelling our tool plans out a client’s retirement based on their spending, attitude to risk and specific plans.
  • Financial Implication – At MAP we keep everything simple; we cover FCA fees and levies, PII costs and have no additional licence fees of any kind – unlike competitors we don’t believe in bolt-ons or complicated charging systems – we allow you to keep up to 90% of your generated income with no hidden deductions.
  • Compliance – As an industry which is highly regulated we ensure we partner with the very best to support our team of advisers – the firm we partner with is winner of ‘Money Marketing 2020 Best Network/Support Provider’. Adhering to their advice, guidelines and support has provided many opportunities and benefits to our business including affordable renewels on our PII.
  • Support – We know your in business not because you love the tedious parts of the financial services industry, but because you pride yourselves on making a difference to your clients. We’ve taken away the need for advisers to worry about sales processes, we monitor our investments and contact clients to alert them when switches should be required, explaining rationale behind our recommendationsand make any agreed switches on behalf of our advisers – ensuring your client’s portfolios are maintained on a regular basis. Further to this we have our own external Marketing Consultant to work with the team around lead generation, social media and all general client communications.
  • Licences – As an independent firm we offer advice across all categories of products in the financial services sector; we have an internal team including fully qualified Pension Transfer Specialists, Equity Release Specialiasts, Mortgage Brokers and our own Investment Manager who is a fully qualified Tax Accountant and IHT Specialist.
  • Work where suits you – we offer both home-working or office-based environments for the team to work from – and of course you could use both! Our office in Hillington Park just outside Glasgow is free to use with all normal office facilities available with free car parking and the ability to hot-desk as well as interacting with colleagues. All of our systems and support is web based so whether you have your own office, work from home or in our office – we can help.
  • Client Communications – One of the advantages of joining the MAP team is our comprehensive client support package to compliment your service agreements; this includes our quartley client newsletters, annual tax guides, marketing emails and bespoke client communicatons. Plus with access to our Intelliflo Office all clients have access to their own portal where they can view the progress of their investments – in addition to a live online chat function and paperless document transactions.

To find out more about the opportunities to work with Money Advice and Planning please please contact our Business Development Manager Ian Clisby on 07788 566 7850 or email ian.clisby@mapfinances.co.uk, he will happily discuss your current working setup and show you how working with MAP can provide many more benefits – not just to you, but also your clients.

Bydylanbbd

Planning your Finances

When someone thinks of planning, they may very well imagine that this involves a lot of technical stuff that is beyond them, but I would suggest that this is where an IFA comes in. An individual can then do the framework of what he or she wants, and the IFA would then be able to fill in all the details and suggest what needs to be done and when.

It never ceases to amaze me how many people do not do any planning, and are then surprised when they get a tax bill, and ask me IN ARREARS what I can do to make it go away. You won’t be surprised to know that in many cases I can do very little because actions needed to have been taken BEFORE certain events.

If you just leave something to happen, how do you know what the end result is ? Is it going in the same direction that you were hoping. Planning starts to get things moving in the right direction, and then you can tweak things on an ongoing basis when it isn’t, but the main thing is that you keep your eyes on it and do what is necessary to steer it in the right direction.

The old saying is failure to plan is planning to fail. It’s true !!

So why don’t you sit down today and list your objectives for savings, for pensions and even life insurance, and then have a chat with your IFA to see what you need to do to try and achieve those objectives. MAP advisers are only too willing to sit down with you and your plans.

The material is for general information only and does not constitute investment, tax, legal or other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Links to external sites are for information only and do not constitute endorsement. Always obtain independent professional advice for your own particular situation. Money Advice & Planning Ltd is authorised and regulated by the Financial Conduct Authority. For any enquiries, contact Andrew on 07957 836211 or enquiries@mapfinances.co.uk

Bydylanbbd

The MAP monitoring system

When MAP invests money for any client, it is not just a case of putting the money into a spread of funds and walking away – in fact it is the opposite of this.

When we invest a clients money, first of all it is into funds that are found to be performing consistently over the long period AND are still performing well over the previous 3 months.  And that is basically our work merely starting because we then have 3 ongoing monitors.

1. Every calendar quarter we produce what we call the Recommended Fund List and this looks at shortlisting those fuds that have a consistent half decent performance over the previous 5 years. We usually only take funds in excess of £100 million, and any funds we choose need to show a reasonable level of consistency, as we don’t want to pick a fund that is doing 20% today and minus 3% tomorrow. As we need to be able to “rely” on some kind of consistency, then we only use funds that are statistically consistent.

2. Every week, we analyse all the funds in the Recommended Fund List and we list the top 10 performing funds in each risk category from the statistics of the previous 3 months. This then gives us the confidence that a fund that has performed consistently well over the previous 5 years is STILL performing well in the short term – and so can be used, and by listing these in order of return – lets us invest in the best performing areas at all times.

3. In addition to the above 2 monitors, which focuses on funds, what we also do at MAP is analyse all funds performances over time as well.    It’s not too difficult to include fund ABC in your lists and it may be performing well over 5 years and maybe even over the last 3 months as well, BUT, don’t forget that in investing everything WILL change at some time, and you need to keep your eyes on things. So what I do almost daily is go into our investment platform and can list all the funds used, and keep my eyes on those funds showing a negative return.   I will monitor these for a few days and if no improvement, will then look to switch clients out of those funds and into other ones that are doing well.            

So basically, MAP does all the background work to get investments into the right funds and keep them in the right funds – even if it means changing them.  

MAP looks after our client’s money as if it were our own.

 The material is for general information only and does not constitute investment, tax, legal or other form of advice.  You should not rely on this information to make (or refrain from making) any decisions.  Links to external sites are for information only and do not constitute endorsement.  Always obtain independent professional advice for your own particular situation.  Money Advice & Planning Ltd is authorised and regulated by the Financial Conduct Authority.  For any enquiries, contact Andrew on 07957 836211 or enquiries@mapfinances.co.uk    

Bydylanbbd

How many funds I use for investing

When you invest any money, then you need to take into account:-

  1. What other areas you are going to invest in
  2. How much you are going to invest in other areas and how does this balance with the total approach
  3. When you invest in any fund, you always need to do your research, and if you invest in a load of funds – then that is a load more research
  4. Since you need to do your research regularly, then more funds means a bigger future commitment to research – and that costs time and money

From an early point when I started doing investments, I have always worked on some basic parameters such as the minimum to invest in any fund should be £5,000 and say a maximum of £50,000. On a number of occasions early doors when I invested less than this, I always found it very difficult to make money – hence why I always do a minimum now of £5k. Number of funds? I tried a few strategies early doors as well and came to the conclusion that 10 funds could give you a good spread without a heavy workload for maintenance, and that ticked most of the boxes.   

Remember of course that each fund will have its own investing process, but I would say that you can probably bet on them investing no more than 5% in 1 investment, so at the very minimum they are going to have at least 20 investments, and then if for example they have say £100 mn in their fund, you aren’t going to get 20 investments of £5 mn each, no it’s more likely to be a good bit more. Work on the basis that most funds will go for a reasonable spread of investments and have around 75 – 100 investments, and so if you therefore think that you start with 10 funds to invest in, then that could mean that you are investing in 750 to 1,000 companies – and that’s a good base spread.

I personally have used 10 funds for a while now, and it gives people a good spread of investments and doesn’t add that much to the workload, and that’s important because most people will start with the best of Intentions in terms of research, but after a period it becomes tedious.   Because it gives a good spread, it has always given me and my clients good results – and that’s what we are all doing this for. I have shown over a long period that 10 funds work well for everyone.  

M A P looks after client’s money as if it were our own.

The material is for general information only and does not constitute investment, tax, legal or other form of advice.  You should not rely on this information to make (or refrain from making) any decisions.  Links to external sites are for information only and do not constitute endorsement.  Always obtain independent professional advice for your own particular situation.  Money Advice & Planning Ltd is authorised and regulated by the Financial Conduct Authority.  For any enquiries, contact Andrew on 07957 836211 or enquiries@mapfinances.co.uk    

Bydylanbbd

2021 Budget Review

After a year of Covid-19 restrictions, the 2021 Budget had a lot of ground to cover. There has been considerable speculation over how the extra expense of the furlough scheme, funding the NHS and supporting those out of work would be paid for.

It was also questionable whether the current package of support for individuals and businesses could be sustained.

So what are the plans for recovering from the pandemic and rebuilding the economy? Read about the Chancellor’s budget overview in our latest publication, download it here.


If you would like to find out more information or would like to start investing today, please contact Money Advice & Planning Ltd on 0345 241 1808 or e-mail us at enquiries@mapfinances.co.uk.

The material is for general information only and does not constitute investment, tax, legal or other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Links to external sites are for information only and do not constitute endorsement. Always obtain independent professional advice for your own particular situation. Money Advice & Planning Ltd is authorised and regulated by the Financial Conduct Authority.

Bymapfinancesadmin

MAP Spring 2021 Budget Highlights

Check out our highlights of the Spring 2021 Budget from 3rd March 2021 using the reader below.

2021-Spring-Budget

If the above reader does not display correctly, you can access the guide by clicking here.

Bymapfinancesadmin

MAP Newsletter – Quarter 4 2020

Check out the latest financial insights for the final quarter of 2020 using the reader below.

If the above reader does not display correctly, you can access the newsletter by clicking here.

Bymapfinancesadmin

MAP Newsletter – Quarter 3 2020

Check out the latest financial insights for the third quarter of 2020 using the reader below.

If the above reader does not display correctly, you can access the newsletter by clicking here.

Bymapfinancesadmin

MAP Spring 2020 Budget Highlights

Check out our highlights of the Spring 2020 Budget from 11th March 2020 using the reader below.

2020-Spring-Budget

If the above reader does not display correctly, you can access the guide by clicking here.

Bymapfinancesadmin

MAP Newsletter – Quarter 2 2020

Check out the latest financial insights for the second quarter of 2020 using the reader below.

If the above reader does not display correctly, you can access the newsletter by clicking here.