Who are Hockney Stevens Pension Specialists?
We are part of Hockney Stevens Investment Services Ltd, financial advisers licensed by the Isle of Man Financial Services Authority and a trusted name on the island since 2001. We have gained Corporate Charter status – widely regarded as the gold standard in professional financial planning – a coveted award by the Chartered Insurance Institute (CII) to just a select few firms.
As with other chartered professions, you can trust chartered financial planners to be at the top of their game: highly qualified, reputable, and capable of providing you with the best quality advice with the utmost integrity. All our advisers are professionally qualified, meeting the standards required by the CII to be a Chartered Financial Planner, and all have passed advanced pension exams. As a chartered firm, you can rest assured that Hockney Stevens works to a widely recognised and respected code of ethics designed to guide us professionally and to protect our clients and the wider public interest.
So what do we do?
To really see the value of our services, you have to understand the true worth of professional advice from qualified people – it’s a matter of quality! Information about financial products is widely available, but much of it is confusing even for those in the industry, and some is downright misleading even where there is no intention to steer you wrong.
Even where the information is complete and clearly presented, professional advisers can make sure that your decisions are well informed and based on a clear understanding of the pension products that are on offer – after all, you wouldn’t decide on a course of medical treatment without consulting a doctor, and your pension is just as important to your wellbeing!
Our job is to make a complex subject easy to understand, and ensure that confusing information is made clear and concise.
How do we do that?
We like to build an ongoing relationship with our clients through regular review meetings. This will allow us to revisit your appetite for investment risk, and to advise on adjustments to your retirement plans in the light of any personal changes. It’s reassuring as well as useful to know that your pension is on track, and that you can discuss your changing circumstances with consistency in both the advice and the adviser delivering it.
That consistency, together with regular meetings, ensures that we continue to understand your personal circumstances as time goes by. You may change your line of work or your marital status, have children. Your health may change – or perhaps you decide to retire early! On top of that, it’s a challenge these days to keep track of legislative changes that may affect your pension. Whatever happens, you will know that your investment portfolio is reviewed and maintained to meet your needs, and that our advice can be adapted as those needs change over time.
Why should any of this matter to you?
Hopefully the answer to this question is fairly clear by now, but let’s spell it out: planning for your retirement is likely to be one of the most important financial decisions you make and, for most people, their pension is likely to be their largest single financial planning asset.
Pensions, by their very nature, are complicated. Add to that the myriad legislation that surrounds them and you have the recipe for some very unfortunate outcomes that might affect the quality of your life in ways that you shouldn’t have to deal with in retirement. The quality of your decisions can be significantly enhanced by professional advice from a qualified Chartered Financial Planner, especially when they have a demonstrable track record within a reputable firm that specialises in this area.
Hockney Stevens Pension Specialist is genuinely committed to helping people navigate through the complex maze that is pension planning and the associated legislation. To that end, we will be publishing a series of articles in this magazine over the coming months. We hope that it will make clear what it all means to you, and how the decisions you take now can impact your life for years to come.
