Last week it was announced that some of the England rugby team took some seriously bad advice from none other than the team kit man, which got us thinking about financial advice and most importantly, those who are qualified to give it. *
The story broke in the Sun claiming that Dave Tennison, the team kit man, badgered players to buy shares in energy company, LGO Energy. And after £100,000 of players money was invested, the shares dived from £3.27 to just 50p now.
The story highlights the fact that anyone can give you free advice, but it's the quality of the advice given that's important and the relevant experience of the people giving it. It seems that many people would rather take free advice from someone they know, rather than professional and qualified advice from someone they don't.
Talking to your friends, reading the financial pages in the press and the vast amount of information that is available on the Internet makes advice seem more accessible and of course potentially free - but is it a false economy, as was the case with Dave, the kit man? Nothing beats speaking to a qualified expert when it comes to something as important as financial matters.
We have strong links with financial planners including our sister company, The Private Office, so if you’re planning your financial matters we could put you in touch. From estate planning and retirement planning, investment advice and much more, we would be happy to introduce you to an expert who can help.
Alex Hatfield is just one of the highly qualified advisers at The Private Office and advises on all aspects of financial, investment and retirement planning for a range of private clients. Historically, a large proportion of his client work has been dedicated to working with vulnerable persons and those who have suffered from a catastrophic personal injury or clinical negligence.
Alex holds a number of distinguished accreditations including:
- Chartered financial planner
- Fellow of the personal finance society (Pfs)
- Certified financial planner
- Affiliate member of STEP (the society of trusts and estate practitioners)
* To our knowledge Dave Tennison has no financial services qualifications
If you'd be interested in arranging call with a financial expect, without obligation, please call us on 0800 321 3581 and tell us a little about your situation and how we can help.