Stuart Fowler was voted Best Investment Planner alongside fellow director, Joseph Clark, who won Best Retirement Planner.

Now in its third year, the High Net Worth New Breed Adviser Awards were presented at a Gala dinner at London’s Sheraton Park Lane Hotel last night.  The programme ‘recognises firms and individuals in the advisory community who are leading change within the industry and influencing its future’.

Commenting on behalf of No Monkey Business, Stuart Fowler said: “The advisory industry as a whole faces exceptional change over the next 2 years. These awards provide welcome recognition that No Monkey Business is at the forefront in meeting the needs of an increasingly demanding market.”

(Please note this is only open to delegates of the 2010 Clinical Radiology Annual Meeting )

By attending this short seminar attendees will gain a greater understanding of the NHS Pension Schemes, enabling them to;

• Understand the primary differences between the 1995 and 2008 NHS pension schemes
• Determine which one of the two schemes is likely to be most appropriate for them
• Calculate the deemed value of their NHS pension
• ‘Game’ the pension rules in order to maximise the level of pension benefit
• Determine whether they are on course to breach the Lifetime allowance and what it means if they do

For those with privately funded pensions supplementing the NHS Scheme, Joe will go on to;

• Set out why the investment approach should differ between ‘accumulators’ and ‘decumulators’
• Help you to understand which aspects of planning will have the greatest impact on retirement outcomes
• Discuss practical measures that allow you to keep control of costs
• Highlight practices that are to be avoided at all costs

And with the Coalition government setting out its pension objectives in two recent consultations, Joe will also cover the areas that are most likely to impact the seminar attendees, and so covering;

• The impact of likely changes to the pensions annual allowance
• Improved pension flexibility that is likely to come about with the introduction of a ‘Minimum Income Requirement’

Pauline draws attention to Total Expense Ratios (TERs) as a means of estimating the ‘all in costs’  and asks for the opinion of  Stuart Fowler. “The key is whether the activity of the manager offers value for money”.

Stuart points out that portfolio turnover (a measure of how frequently assets within a fund are bought and sold by the managers)  has risen hugely over the past decade or so, but  with trading costs reducing,  the overall effect has been neutral.  He goes on to say the average active manager underperforms the benchmark by the amount of the average TER. They would underperform by more if their trading activity did not add value.

To read the article, “A lot of  indignation but no change”, please visit the FT website.

Within the short piece Matthew comments on views from different experts including Stuart Fowler of No Monkey Business who is quoted in stating that an unreasonable increase to the rate of capital gains tax will result in a “downward pressure on the rewards, making risk taking irrational for taxable investors”.

The full article can be found on the FT’s website by searching “stuart fowler”.

Grange St. Paul’s Hotel, 10 Godliman Street, London, EC4V 5AJ

6.15pm for 6.30 start, 7.30 finish

Format
A small group of interested individuals (often including spouses) around a table, the content substantive and provocative, more education than sales, more conversation than lecture, with further opportunity for discussion and drinks after a prompt finish.

Speakers and subject
In this seminar, Stuart Fowler, who was a leading innovator in the management of institutional investments before founding No Monkey Business, will explain how and why private client advice and portfolio management is not fit for purpose. The consequences of this are most critical for retirees who will be drawing down their own resources to meet their spending in retirement and depending on the products and services the industry can offer.

No Monkey Business financial planning head, Joe Clark, will take you through an approach designed specifically for this purpose, based on the outcomes driven (or liability driven) investment techniques that have already overturned the traditional approach to occupational pension management. Adopting these techniques in private wealth management has been endorsed by academics but also by the professionals that work in private wealth firms.

Stuart and Joe will help you to visualise how different the experience can be when you work with the best techniques, delivered by smart people who are totally on your side.

Benefits of attending this seminar

• Powerful insights into the essential principles of drawing down from capital (whether in a pension account or other forms) when subject to particular constraints, such as competition from other financial goals; maintaining purchasing power; sustaining the rate of draw through bad markets; control and flexibility
• This should encourage you to think about your own needs in a different light and how they could be best met
• An opportunity for you to meet a firm that is successfully challenging the banking, stockbroking, tied agencies and IFA businesses who currently work with professional people.

Who attends
We invite people like our existing clients: high earning professionals that appreciate smart thinking, elegant engineering and who expect a professional approach to charging.

We hope to meet you at one of these seminars or by other arrangement. Places are limited so if you would like to attend please respond promptly by email joseph@nomonkeybusiness.co.uk or click here.