Financial Adviser, Nic Whittaker
A financial adviser should not give advice on long term care unless they are qualified to do so. Nic Whittaker has now passed the CF8 examination which means he is now qualified to provide advice on planning for long term care. At Four Oaks we take training and qualifications very seriously and all of our team who do not yet have this qualification are working towards achieving it.
CF8 is a qualification solely for financial planning for long term care. Nic and our other Advisers with this qualification provide local financial advice in Lichfield, Tamworth and Sutton Coldfield and are able to give financial advice on all aspects of long term care. This could be advising you on how to plan for future care, or helping people intending to go into care in the near future. We can also give advice regarding funding carers not just residential care.
Four Oaks MD, Martin Ward commented “We consider the CF8 qualification to be a basic necessity that every financial adviser should have because you cannot give advice on long term care unless you have this qualification. At Four Oaks we have a strong personal development culture and support our Advisers and other team members to achieve their qualification goals.”
Lilly Jackson, Paraplanner
With 31 years of experience in financial services we are delighted to announce that Lilly Jackson has joined our in-house Paraplanning team in the role of Paraplanner. Lilly has worked for stock broking firms and accountancy firms in financial services roles. She has also been an employee benefits consultant in corporate financial services.
As part of our Paraplanning team Lilly will be providing essential behind the scenes support to our team of financial advisers who give local financial advice throughout the Lichfield, Sutton Coldfield and Tamworth areas and beyond. Her role includes research, drafting suitability reports and dealing with compliance issues.
Lilly said “I love it at Four Oaks. It is a lovely place to work and there is a real team environment here.”
In her spare time Lilly has three great loves, music, travel and motorbikes! Lilly plays the piano and is qualified to teach piano, she loves to travel and got her motorbike licence seven years ago. Welcome to the team, Lilly!
Lianne Flello Passes Exam
Mortgage and Protection Adviser, Lianne Flello has passed her RO1 examination. She already has her RO2 qualification and is planning to take her RO3 exam in September.
The RO1 qualification covers financial services, regulations and ethics and required Lianne to investigate the purpose and structure of the UK financial service industry, regulatory framework, powers and responsibilities to protect the consumer, legal concepts and considerations relevant to financial advice and the Code of Ethics and its impact on the business behaviours of individuals.
Lianne said “We take ethics and treating our clients fairly extremely seriously at Four Oaks, and this is the overall focus of the RO1 qualification. I think it is very important that we are all formally trained in this area, as well as receiving the ongoing training that we receive in-house at Four Oaks.”
Yomi Bashorun, Financial Adviser
Yomi Bashorun is a fully qualified Financial Adviser and we are delighted to announce that he has joined our team of Financial Advisers to provide local financial advice to our clients. Yomi has many years of experience in financial services. Having been a Personal Banker at Santander his career path took him to Royal Bank of Scotland where he was a Mortgage and Protection Adviser and most recently he was an Adviser at Nat West.
“I am very pleased to be at Four Oaks Financial Services,” says Yomi “I feel that I am now working as part of a team where I can really help people because previously I could only help them if they were able to fit to the products that were available. Here at Four Oaks I have freedom to offer a solution that is suitable for the client’s particular needs and circumstances. I can also tap into the vast knowledge and experience of the other Advisers which will ultimately enable me to serve my clients better.”
Yomi is a huge Manchester United fan and enjoys playing football for Naija F.C. for whom he played in the Birmingham Football Association finals at Birmingham City’s St Andrews ground.
Financial Advice on Savings and Investments
As we mature our priorities and goals can change as well as our circumstances. Having the correct investment strategy when we reach the different stages of our lives is essential to ensure you achieve your financial goals. In your 20s you are likely to be starting your career and may be putting any spare money into an account with a low rate of interest. You have time to ride out any short-term stock market turbulence and by using your ISA allowance your investments will be free of income and capital gains tax.
In your 30s you will have more financial obligations but you may want to plan for your children’s University fees and your retirement. In your 40s you are likely to be in your peak earnings years so maximizing the contributions to your pension and making sure you are taking advantage of your tax-free ISA allowance are great ways to plan for the future.
Because of changes to pension rules that came into force a couple of years ago people in their 50s are considering retiring at 55. If you are thinking along these lines you need to think about the available investment options and you may move from a financial plan that is focused on producing income, to one that concentrates on growth.
People in their 60s traditionally would be thinking they are coming to the end of their working lives but people now work well into their 60s and 70s. It may be time to reassess your attitude to risk as your focus may now be on opting for low risk investments.
Whatever age you are we strongly recommend that you get professional financial advice and our qualified local financial advisers are here to help. Find more information on savings and investments.
Tax treatment depends on individual circumstances. Tax treatment, rates and allowance are subject to change.
The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.
Charlotte Holmes, Financial Administrator
We are incredibly pleased that former primary school teacher Charlotte Holmes has joined our Client Services team as a Financial Administrator. Charlotte aspires to become a fully qualified Financial Adviser and at Four Oaks we will do all we can to help her achieve this goal. Charlotte has hit the ground running so to speak and is already studying for her RO5 qualification. This qualification focusses on how to give advice on financial protection products and to understand the circumstances when a client would require financial protection.
In her day-to-day role Charlotte supports our Financial Adviser team who provide local financial advice to our clients in an around the Tamworth, Lichfield and Sutton Coldfield area with processing applications for clients on mortgages, protection products, pensions and savings transfers such as ISA transfers. This is a busy role that includes liaising with providers, clients and Financial Advisers to make sure that applications are processed effectively and efficiently with a great focus on customer service.
The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.Your home may be repossessed if you do not keep up repayments on your mortgage.
Charlotte has a degree in biology, enjoys running and keeping fit and is also learning to play the piano! “I really enjoy working at Four Oaks, and am delighted that I can study and train for exams. We study together, we revise together and we will be taking the exams together so I really feel part of the team.” Says Charlotte.
Four Oaks Financial Services Team With Toothbrushes
Well….. this is simply the latest action in our support of Buddy Bag Foundation. We set our team the task of acquiring 60 toothbrushes suitable for 5 to 8 year old boys and girls and of course they had to be untouched by human hands or mouths!! Our amazing team rose to the challenge and we quickly had the 60 toothbrushes that the Buddy Bag Foundation so badly needed.
Buddy Bag is a national charity with its centre of operations in Sutton Coldfield, which is close to our office. They provide essential items such as toothbrushes, to children who find themselves in a situation where they have had to leave home, usually in a hurry as a result of domestic violence or other abuse, and very often the children have not had the opportunity to pack a bag of even the most basic items.
A Buddy Bag contains over 20 things a youngster will need, and this also includes items that they can call their own such as a photo frame and a cuddly toy which is very beneficial in helping them to start the process of adjustment to their new circumstances.
For more information about Buddy Bag Foundation please go to www.buddybagfoundation.co.uk/.
By clicking on the above link, you are now departing from the regulatory site Four Oaks Financial Services Limited. Neither Four Oaks Financial Services Limited nor Intrinsic are responsible for the accuracy of the information contained within the site.
Did you know that a financial adviser should not give advice on long term care unless they are qualified to do so? All of our team are working towards their CF8 qualification and we are delighted to announce that our Managing Director, Martin Ward and Financial Advisers Ray Ceairns and Mark Timmins passed their CF8 examination in July.
CF8 is a specialist qualification and Advisers who have this are able to give financial advice on all aspects of long term care. This could be advice on planning for future long term care, or advising people intending to go into care in the near future or advice regarding carers.
Four Oaks MD, Martin Ward commented “At Four Oaks Financial Services we take qualifications and training very seriously. Our entire team are working towards attaining the CF8 qualification as we consider this a basic requirement of being a financial adviser.”