In light of the evolving conditions surrounding the Coronavirus outbreak, we want to assure you that all of us at Primus Financial Solutions are here to advise and support you.
While the stories we're hearing about people around the globe rallying to help family, friends, and neighbours demonstrate such positivity, we know that money is an underlying concern for everybody. The Coronavirus pandemic has shaken the global markets, and no one can be certain what lies ahead. Uncertainty is challenging to accept when it concerns your finances, and it can lead to making decisions in the heat of the moment, which can have very adverse long-term consequences.
It is important to remember the basic principles of long-term investing remain unchanged. Our mantra is ‘time in the market’ rather than ‘timing the market’, and past events have shown us that maintaining perspective is what is important. This is easy advice to follow in times of prosperity, but now is when this advice really matters. Staying the course with a diversified portfolio of investments, positioned for the long-term, is typically the best route when aiming to achieve your goals.
As you will be aware, we are a Partner Practice of St. James's Place. St. James's Place is a strong, robust FTSE100 company with a good credit rating, solid capital position as well as regulatory capital buffers to help support the business and our clients in even the most severe scenarios.
Both St. James's Place and Primus Financial Solutions have always been and will always be managed conservatively with our clients at the heart of what we do. We have enormous experience both within Primus Financial Solutions and the wider St. James's Place Group in helping clients to navigate difficult times in the markets in the past and we will be bringing that experience to bear for our clients over the next few months and into the future in our continued relationships with you.
I hope this has reaffirmed that we’re committed to looking after your best interests and we will continue to do so as the situation unfolds.
If you have any questions about your arrangements, please contact David on 07889 683086, Emma on 07904 815998 or Katie on 07875 546680. Our advisers continue to be available to provide support and advice as usual albeit via phone / video conference or email rather than face to face.
For administration queries please call the main office number on 01473 828456.
Can I still see my adviser?
Will I still receive my income payments?
What do I do if I want to stop / start income payments?
What do I do if I want to pause regular payments to a St. James's Place portfolio?
With market prices so suppressed is now a good time to invest?
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The levels and bases of taxation and reliefs from taxation can change at any time and are generally dependent on individual circumstances.