View more on these topics

Clerical targets IFAs with portfolio guide

Clerical Medical is offering a guide designed to help IFAs establish and review investment portfolios for new and existing clients.

The Advisers Guide to Portfolio Construction offers step-by-step instructions through the process of establishing a client&#39s investment requirements, constructing a portfolio and conducting a review.

Clerical says portfolio construction is an essential part of the financial planning pro-cess, especially in the current climate of reduced commission levels and client concern about choosing the right investment strategy.

The guide is targeting IFAs relatively new to investment as well as those already advising clients in this sector.

The section on a client&#39s requirements tells IFAs about the importance of deciding investment objectives such as the returns required, investment period, attitude to risk, liquidity, tax position, flexib-ility and considering other investments required.

The section highlighting building a portfolio explains the background to the full range of asset classes available and advises how to determine an asset split.

The final section describes how advisers should conduct portfolio reviews to ensure initial investments are still relevant to the client&#39s objectives over time.

Clerical says the generic guide is relevant to the whole market rather than just its own funds under management.

Head of IFA marketing Keith Gilmour says: “IFAs can add real value to the service they provide by helping clients to review their individual portfolios and ensure their existing investments are still working in the client&#39s best interest.”

Recommended

Link-up gives IFAs online access to Healthcare 4 Life

Private medical insurer Healthcare 4 Life is to begin actively marketing its group and individual private medical insurance products to IFAs through the Mediquote quotation portal. The move will allow IFAs to access its product range online for the first time. The healthcare provider, which launched last August, offers a range of group and individual […]

Flexible whole life continues to decline

Hopes that sales of flexible whole life policies had turned the corner to recovery in 1999 have been dashed this year. Following years of decline, sales figures for flexible whole life policies jumped from 188,000 in 1998 to 202,000 in 1999 according to the Association of British Insurers (ABI). However, in 2000 the fall resumed […]

Chelsea goes for the dual route for new bond

Chelsea Building Society has joined forces with Norwich Union to introduce the third issue of its portfolio extra fixed rate bond.The bond is aimed at investors who are looking for income and growth and comes in two parts. A minimum of £10,000 must be invested in the bond. Up to 30 per cent of the […]

GE Life hits the headlines

GE LIFE HIGH INCOME & GROWTH PLAN V Type: Closed ended investment company. Aim: Growth and income linked to the Eurostoxx 50 index. Minimum investment: £7,000. Place of registration: Dublin. Guarantee: Capital will be returned in full at end of term if the final level of the index is at or above the initial level, […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com