News

Absolute Sense Charity Golf Day raises £3,700

Absolute Sense are celebrating a 10th birthday this month and are proud of being one of the few Chartered Firms in the country.

Chartered status is awarded as evidence of quality and professional advice delivered ethically and fairly.

Since establishing in Ely we have supported many charities as part of our commitment to the community and provided a professional quality advice service to many clients.

We would like to thank all our clients for their continued support

We held our charity golf day  on Friday 13th  July this year.  We had a new venue, Ely City Golf Club and the weather was perfect.

As usual the staff rose up to the occasion and held a Raffle, Spot the Ball competition, a Silent Auction and a Putting competition.  This alongside some very generous donations and a Barclays £ for £  donation has contributed to raising £3,700 for NSPCC ChildLine.

 Thank you to all who supported this worthwhile charity in one way or another – the monies will be put to good use at ChildLine.

 

 

 

 

 

Ely City Golf Club

 

 

 

 

 

 

 

 

 

 

Finally, here is a couple of pictures of the staff enjoying the day

 

 

 

Absolute Sense Christmas Donation

As clients are aware as a business we choose to offer a donation locally  instead of sending out Christmas cards to our clients.

This year we have donated £250 to Highfields Academy a special school for boys and girls aged from 2 to 19. The older children need some outdoor equipment and our donation will help towards the cost of buying some items.

Be Aware – Scams!!!

With an increasing number of scams being used to defraud savers of their money then our team at Absolute Sense feel that it is appropriate to raise awareness of this issue to our clients. We ask that you spend just a few minutes looking over the information and, where appropriate, pass on this information and tips to your friends and family  (particularly the elderly and vulnerable).

Being ScamSmart – the facts

Over 3,000 people were caught up in investment scams in 2015/16, with an average loss of £32,000 (Source: Action Fraud – https://www.fca.org.uk/scamsmart). But the actual figure is probably much higher as most scams go unreported.

Affluent retirees aged over 60 are most likely to be victims. And it’s not just inexperienced investors who are falling victim; savvy investors are falling victim to and are the target for more sophisticated scams.

Scammers tactics

Scammers use a range of tactics to secure the trust of those they intend to scam. They may use flattery and emotional manipulation to get them onside. They then typically push a time limited offer to get people to invest immediately and without consultation. Their ‘unique investment opportunities’ usually offer ‘guaranteed’ returns at ‘little’ or ‘no risk’ to capital (which is usually not the case).

Real Examples of People Affected by Scams

We have included two stories of innocent investors that have been caught up by a scam.

http://scamsmart.fca.org.uk/case-studies/hear-clives-story

http://scamsmart.fca.org.uk/case-studies/hear-dereks-story

Videos from The Pensions Regulator and the Financial Conduct Authority

We have included below two useful videos prepared by our own Regulatory Bodies that discuss some of the common scams.

http://www.thepensionsregulator.gov.uk/scams

http://scamsmart.fca.org.uk/case-studies/scamsmart-press-release-video

£3,900 raised from Charity Golf Day

NSPCC Child Line received £3,900 from a charity golf day in April organised by Absolute Sense IFA Ltd. The event was held at Girton Golf Club in Cambridge. We would like to thank all players, businesses, clients and friends who contributed to the auction and raffle and helped to make this a very successful event.

Moffatt Benefit Solutions Limited

The Directors of Absolute Sense Independent Financial Advisers Limited recently acquired the Employee Benefit business of Moffatt Benefit Solutions Limited. The intention is to continue to operate this Company as a wholly independent firm of financial advisers but the takeover will allow the clients of Moffatt Benefit Solutions Limited to benefit from the additional support and network.

Proud to be a Chartered Financial Planners Firm

We have recently been awarded the prestigious Chartered Financial Planners designation by the Chartered Insurance Institute (CII).

This is the industry’s gold standard for firms of financial planners. It confirms that we have satisfied rigorous qualification criteria by retaining highly-qualified staff who subscribe to the membership conditions of the CII.

It also involves a commitment to continuing professional development and adherence to an industry standard Code of Ethics. You can view the Code at www.cii.co.uk./code.

When you use a Chartered firm you are dealing with proven professionals. The CII is empowered by the Privy Council to award Chartered status, and the award is only made in deserving cases. And while Chartered titles are steeped in history, they remain the benchmark of professional excellence and integrity.

Only the UK’s premier financial planning firms qualify for Chartered status. If you wish to know more about using a Chartered firm can ensure you get he best possible advice, service and support, please do not hesitate to contact us.

With over 100,000 members the CII is the world’s largest professional body dedicated to the insurance, savings and financial services sector.