UK
investors currently hold more than £100bn
in consistently underperforming investments. These are funds that
have made a habit of missing their targets massively for years.
Many individuals have purchased package retail products years
ago, and never had them reviewed. Past Adviser promises to annually
review, and stay in touch have not transpired.
An individuals circumstances change over time. So does their attitude
to investment risk. So does the performance of their investments
and the expectation of those investments. It is important to actively
review past investment decisions to ensure that the previous considerations
act in harmony to each other. Very often we review portfolios that are designed for investment
growth. However as the years have passed, the same portfolios have
now assumed a need for investment income. Also, over time, individuals
as they have got older, wish to take less risk with their assets. |
