We have all seen in recent weeks, stock markets have fallen due to their reaction to COVID-19. From the 24th to the 28th February 2020 markets around the world reported their largest one-week declines since the financial crisis in 2008.
For Investors, this also means that the value of their investments has fallen.
Pennine Wealth Solutions have been working with all their Financial Planning firms, by providing information to keep their clients up to date with the recent developments in the markets, and the effect this has had on their investments. It’s always great news when investors give us feedback. One firm who recommends the Pennine Wealth Solutions proposition is Lifeline Financial Planning, who recently had three clients give feedback on their experience of the current financial situation.
Mrs Wright said “I was very surprised at how little we have lost and as I have said before you’ve always done the utmost best for us, so thank you again“.
Liz and Peter wrote “Many thanks for the emails you’ve sent recently. We appreciate you keeping us in touch with the current volatile situation and, like some of your other clients, are in it for the long haul. We are well aware the market goes down as well as up and as we live in extraordinary times, will watch what happens with interest. We have every trust in management of the funds and so relieved they have only gone down a little“.
Mr Waldron said “Thank you for the updates, this has saved us a lot of anxiety, especially during these times. Thank you for the reassurances“.
It’s a pleasure to hear that the Financial Planning firms working with Pennine Wealth Solutions and their investors are happy with the investment solutions. Pennine Wealth Solutions is also pleased that their Investment Portfolios are holding their own during these trying times.
To find out more about the Pennine Wealth Solutions range of Portfolios, please visit our website www.penninewealthsolutions.co.uk or contact our Business Development Manager Sean Fisher on 0800 161 5052 or email
Pennine Wealth Solutions LLP is authorised and regulated by the Financial Conduct Authority and is only available through authorised Financial Advisers.
Investors should remember that the value of investments, and the income from them, can go down as well as up. Investors may not recover what they invest. Past performance is no guarantee of future results. Any mention of a specific security should not be interpreted as a solicitation to buy or sell a specific security.