|
Parmenion supports the professional financial adviser. We believe that independent financial advice is vital to the proper investment of monies. We will only accept clients via an authorised and regulated financial intermediary. Investment management is more than picking good shares or funds. It is a holistic process which becomes effective only within a framework considering personal economic circumstances, risk sensitivities and goals. Investment without a Financial Plan is by definition aimless and frequently unsatisfactory. Returns are inextricably related to risk; there are few certainties in economics but few economists would argue otherwise. Riskier portfolios will produce greater returns over the medium to long term but will also incur greater possibility of loss in any discreet period. Calculating the level of risk you need to incur within your portfolio to meet your objectives is complex. And understanding the implications to your portfolio of tax-efficient wrappers, the ever changing pension legislation, tax and trusts, interest rates, debts, lifetime cash-flow requirements to name but a few, even more so. For these reasons we would encourage all investors to talk to a qualified independent financial adviser. |