Lowes Magazine Issue 120

INSIDE TRACK Lowes wins Best Investment Advice Firm Award for third time WE ARE DELIGHTED TO ANNOUNCE THAT LOWES HAS been named Investment Advice Firm of the Year at the 2021 Money Marketing Awards for the third time in four years. We are exceptionally proud of winning this prestigious award for the third year in such a short space of time. It reflects the high level of commitment and expertise Lowes employs in our market analysis and identifying the best investments for our clients’ portfolios. The award is won through a difficult process that includes detailed submissions and an intense interview process in front of a panel of industry experts. The latest trophy will be displayed in Reception at Fernwood House, alongside the many others we have won for our Investment and Pensions Advice. We believe our award success stems from our ethos of providing the best possible Independent Financial Advice for our clients, as well as the dedication and professionalism of everyone at Lowes working on behalf of our clients.

Change in financial circumstances THE COVID-19 PANDEMIC has caused a significant rise in the UK’s financial vulnerability, according to new research from Royal London.

If your circumstances have changed for whatever reason and you need further advice or to speak to someone in confidence, then do contact your Consultant or call our office on 0191 281 8811, and we will arrange for someone to contact you. The mutual insurer found that around 30% of people now feel more financially vulnerable than they did in March 2020, at the start of the pandemic in the UK. This could be down to reduced income by being furloughed, job loss, helping out family and so on. With the support of Lowes Consultants, our clients should be able to feel confident in their financial situation.

Having enough money in retirement

TWO IN FIVE PEOPLE RETIRING THIS YEAR ARE worried they won’t have enough money to last through retirement, according to research by abrdn. Being aware of how much you will need to meet your retirement goals, how much you can afford to spend and how this could change as the years go on, as well as considering how to piece together different types of income options, is no small task. This is where Independent Financial Advice can help.

2 LOWES Issue 115 · Published July 2020 The content of the articles featured in this publication is for your general information and use only and is not intended to address your particular requirements. Articles should not be relied upon in their entirety and shall not be deemed to be, or constitute, advice. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of any articles. Thresholds, percentage rates and tax legislation may change in subsequent Finance Acts. Levels and bases of, and reliefs from, taxation are subject to change and their value can go down as well as up and you may get back less than you invested. Past performance is not a reliable indicator of future results.

Covershot: Sinuous sea fans (Eunicella tricoronata) growing on a rock Photo: Shutterstock