Sound financial advice has opened up the world for Kay Gibson and Neil Coleman, who are enjoying globetrotting in their retirement.
Hugh Davies Associates (HDA) has looked after Kay’s financial affairs for 23 years and Neil joined them after meeting Kay 18 years ago.
The Chartered Financial Planning Company has helped the couple, who live in a village near Leicester, with pensions, investments PEPs, ISAs and life insurance.
Kay, 68, first went to HDA with her late husband when they had some money to invest. Kay’s husband, a policeman, died in 1995.
Shrewd investment makes money grow and frees us to travel the world
“I was always good with money, I paid full stamp on my pension rather than the married woman stamp,” explains Kay. “But my husband had a lot of insurance money and I knew I needed some help to make sure it was invested wisely.”
HDA helped her sort out her finances and invest insurance money shrewdly so it didn’t whittle away.
“I think it’s amazing that, 20 years down the line, it’s almost all still there, given what I’ve paid out in general living in the intervening years.”
HDA recommended other schemes for Kay. “A couple of things they set up for me have paid really well and been very successful. I’ve always had fair and impartial advice and find Robin and his team very easy to work with.”
In the early days, Kay and Neil used to have six-monthly meetings with MD Robin Etherington but say they no longer need to as they get electronic reviews and can monitor their account on HDA’s website.
Neil, 70, said: “I’m that confident about the service and the safety of our investments, I actually haven’t met Robin face-to-face since 2010!”
He is also impressed by HDA’s new risk management fund aimed at giving small investors the same power as finance sector giants.
HDA has launched PAGES - Purple Adaptive Global Equity Strategy – after 11 years of research. Neil says: “It’s fascinating and exciting for us that they have invested in new software and funds for the benefit of people like us.”
With that peace of mind, the couple are free to travel the world and they aren’t the only ones who are intrepid. Neil‘s 93-year-old mother often joins them on trips.
More far-flung destinations on the couple’s holiday list are South Africa, Australia, New Orleans for Mardi Gras and the Caribbean. Closer to home, they love caravanning and have enjoyed buying new cars, all thanks to Robin’s advice.
“I remember going in to see Robin and saying we wanted to buy a car, but weren’t sure what we could afford. Robin did the sums and encouraged us to buy a new one we had always wanted. Being able to trust his instincts when it comes to our finances is a huge weight off our shoulders.”