Fryer Glass & Co

27/05/2020

A well-written and considered piece about what the options are for people who were in sight of their retirement. have been hit, but it's not all doom and gloom and it's certainly worth taking advice before making any irreversible decisions

The number of over 65s still working is already at a record high and will continue rising in coming years

27/05/2020

Can people still afford to take an early retirement given their pension has recently plummeted?
Some pensions tied to markets have suffered falls of 20pc or more, forcing many to change their plans. The view from The Telegraph

Some pensions tied to markets have suffered falls of 20pc or more, forcing many to change their plans

26/05/2020

Why is the issue of trust when it comes to financial advisers a contentious issue? Read the thoughts of Mark Fryer who provides an honest assessment but thinks you shouldn't tar everyone with the same brush https://www.linkedin.com/pulse/trust-financial-services-mark-fryer/?trackingId=mL2vRD1iSqGKbHQGvRZrig%3D%3D

13/05/2020

A massive thanks to Jen and all at Oakleaf for organising another brilliant virtual pub quiz last night. We were so near, yet so far Sixth Sense Marketing Limited Oakwood Mortgage Services

05/05/2020

Some thoughts from Mark about Coronavirus, incomes and mental health:

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22/04/2020

Oakleaf hosted another brilliant online quiz last night. No connection between our team name "We'll Google it" and the fact we won! Jen - you were a fab MC. I was part of great team that also included Alison, Nick Shrimpton DS Consulting - Reach New Heights David J Seall Looking forward to the next one on 5 May 😀

07/04/2020

The strains we and our families are facing at this difficult time are numerous. First and foremost COVID-19 is a health crisis and our collective welfare is everybody's primary concern.

Beyond that, the knock-on effects are significant, not least economically and financially.

Fryer Glass are financial advisers, and our contribution during this crisis is to make an open offer to share our financial knowledge with anybody who is concerned about their, or their families financial situation. To this end:

We are making ourselves available on a no cost / no obligation basis to provide practical guidance on financial planning at the present time. Fryer Glass has provided support like this in the past, and we have seen how our involvement has released some of the pressure people can put themselves under when they try to deal with some of these issues alone. We help formulate a workable plan of action that people can take forward.
Over the past year, we have been a support resource to Oakleaf, a Surrey mental health charity. They have sign-posted people with financial difficulties to us, and we have been present at the charity to help work through their difficult financial situations. The present restrictions have meant that these face-to-face meetings can't take place. However, we are delighted that Oakleaf Enterprise has asked that we continue to meet people virtually.

We can't manufacture ventilators or prepare hundreds of meals, but we can make available our financial advice to release some of the pressure people might be feeling at the moment. It's a cliche, but we are all in this together.

We don't judge, we're just here to help

Don't wrestle with your financial worries alone, reach out and speak to someone. A problem shared is a problem halved. We can be contacted by telephone: 01276 301103 and by email: [email protected]

Mark Fryer and Fraser Glass
Fryer Glass.

17/03/2020

A message and an offer of support from Fryer Glass

11/03/2020

A dominated by coronavirus and capital infrastructure projects. But what is the story behind the headlines? Do you understand the vast number of rules around the tax system? Do you ever wonder if you are missing out on using reliefs or allowances? If you have any questions, or want some help deciphering what these announcements mean in practice, feel free to contact us 😀

11/03/2020

Breaking news: Bank of England announces emergency cut in interest rates by 0.5% to 0.25% and will free up billions of pounds to help banks support businesses.

The Bank of England cuts rates to 0.25% to try to shore up the economy amid the coronavirus outbreak.

09/03/2020

Workers who are on the cusp of retirement should avoid making big withdrawals while the markets head south. Falls not seen since the 2008 financial crisis may tempt people to take radical action in the rush to head off short-term losses.

Rushing to withdrawal funds when they’re at lower levels, compounds losses that could have easily be made up by staying invested and waiting for markets to rise.

As we wrote previously if investors are able to push on and hold their nerve through these turbulent times, it's certainly worth doing so. Historically the British market has a habit of reacting strongly to events and then eventually correcting itself.

If you are considering your investment options and want to obtain independent financial advice, contact Mark Fryer at Fryer Glass on 01276 301103 or email [email protected]

FULL ARTICLE FROM THE DAILY TELEGRAPH:

Pensioners have been urged not to withdraw large amounts of cash from their investment pots as they risk locking in the steep losses made by markets in the past month.

27/02/2020

Coronavirus sends global markets downwards but how should investors respond?
The FTSE 100 has fallen to a 12 month low off the back of the spread of Coronavirus worldwide. It’s an old adage, but the one thing investor’s like least of all is uncertainty. It might be said that market panic has spread more quickly than the virus itself. Today (27 February 2020) the FTSE is currently sitting under 7,000 points, compared to over 7,400 on 21 February 2020. A big market sell-off makes news headlines, it affects pension values in the short term, but how should the ‘average person on the street’ with investments respond to this newest of financial crises?
Sometimes a look back in history can be a reasonable predictor of the future. By that I mean it has been shown people who time their market interventions (buying low or selling high) do no better over the long-term than people who invest their money and leave it alone. That means when the market experiences a sudden fall, as it is now, it’s a time to sit tight and be reminded about the longer-term horizon of investments.
The long-term view is what we advocate at Fryer Glass. Investors are better advised to alter the way they think about financial markets, as opposed to how they act. For example, in the nearly 100 years of data, the U.S. stock market has returned 10% gains per year on average, though it has rarely returned that in any individual year. If you’re considering cutting your losses, you may choose to consult a financial adviser who may be able to put you at ease. Sometimes doing nothing is actually doing something—think of all those people who sold out of the market in 2008 and missed the following 11 great years for equities.
If you are considering your investment options and want to obtain independent financial advice, contact Mark Fryer at Fryer Glass on 01276 301103 or email [email protected]