Hamnett Wealth Management Commits to the Financial Vulnerability Taskforce Charter

Hamnett Wealth Management has committed to the Financial Vulnerability Taskforce Charter.

A newly created independent and inclusive representative body covering the personal finance sector, the Financial Vulnerability Taskforce is supported by the Personal Finance Society.  Its ultimate purpose is to promote a greater understanding of vulnerability, encourage appropriate behaviours and establish good practice amongst personal finance professionals in respect of people who find themselves in vulnerable circumstances.

At the heart of the initiative is a Charter which underpins the work of the Taskforce and sets out how professionals who commit to it, such as Hamnett Wealth Management, are expected to work with customers in vulnerable circumstances.

Jonathan Rowley, Director of Hamnett Wealth Management, said:  “Signing up to the Financial Vulnerability Taskforce Chater means that people can be confident we will use our best endeavours to provide them with a service that recognises their unique circumstances and delivers the same outcomes that they would expect if they were not in vulnerable circumstances.”

Advisers, financial planners and firms who adopt the Charter agree to abide by nine commitments:

1. Making advice easier to understand

2. Placing your interests above all else

3. Understanding how your circumstances might make you vulnerable

4. Not making assumptions about you

5. Not labeling you

6. Dealing with you sensitively

7. Adapting processes and

8. Ensuring staff are knowledgeable and appropriately trained

9. Taking appropriate action if you are in harm’s way

Jonathan continues: “Vulnerability is something that can affect us all; through unexpected events such as illness, loss of employment, divorce or even the sudden acquisition of wealth through inheritance or a lottery win.  While some health issues can lead to permanent vulnerability, fortunately in most cases it is a temporary phenomenon. But when it happens, you need to be assured that the professionals who support you fully understand its consequences and how best to continue to provide the highest quality service in these changed circumstances.”

You can find out more about the Financial Vulnerability Taskforce at: www.fvtaskforce.co.uk

Team Changes

We have appointed Erica Dietsch to the team and announced the retirement of Advisor Louise Gower.

Erica is an experienced financial advisor who has previously worked for mutual societies and banks.  She specialises in advising clients in Equity Release, Investments, Pensions, Trusts and Inheritance Tax Planning.

Erica also sits on the Committee for both the Sheffield Chartered Insurance Institute (CII) and the Sheffield Life and Pensions Society.

Erica said: “I am looking forward to joining the Hamnett Wealth team. When the opportunity arose, I jumped at the chance to help Jonathan and Phil grow the business. I have always admired the way that they operate and how they have built a loyal base of clients who rely on them for managing their finances.  They both share my passion for providing clear, concise and transparent independent financial advice.”

Jonathan Rowley, Director and Chartered Independent Financial Advisor, said: “I have known Erica both personally and professionally for many years. When we needed to expand the team, I knew that Erica would be the ideal person to help us grow our advice capabilities.  Erica is well known to many in Sheffield, having worked for the last 12 years at a local firm of Chartered Accountants. Erica has a very personable approach and I am sure she will fit into the existing team well.”

Louise Gower, who joined the team 11 years ago, has announced her retirement.  Louise was an accredited member of Resolution, specialising in Pensions and Divorce, and also worked as a pension transfer specialist. She is now looking forward to enjoying time with her family and playing more golf at Abbeydale Golf Club.

Phil Smith, Director of Hamnett Wealth said: “Jonathan and I, along with the whole team, would like to thank Louise for all her hard work, dedication to her role and friendship over the years. She has always looked after our clients so well and we wish Louise all the best for the future.”

Hamnett Wealth Management Celebrates 30th Anniversary with New Website

Hamnett Wealth Management, the Sheffield based Chartered Independent Financial Advice company, is celebrating its 30th Anniversary by launching a new website at www.hamnettwealth.com.

The business, which was established in 1989 by Peter Hamnett and is now owned and managed by Directors Phil Smith and Jonathan Rowley, offers a range of financial advice services for individuals, business owners and trustees across a number of financial planning areas.

The new website has been developed by Goldmine Media with a modern look and feel and offers both a user-friendly navigation and a responsive design on mobile platforms.  It aims to provide clear, uncomplicated information on the financial products and services and allow users to keep up to date with the latest company news.

Jonathan Rowley, Director and Chartered Independent Financial Advisor, said:  “Hamnett Wealth in 2019 bears very little resemblance to the business that Peter set up 30 years ago.  However, one thing that hasn’t changed are the core principles of trust and good service.”

Jonathan continues: “Therefore, when we decided to develop a new website to mark our anniversary, we wanted to make sure it reflected a modern business that looks to the future, whilst maintaining the friendly approach for which we are renowned. After all, being client focused is ultimately what has led to our longevity – some of our clients have been with us for the last 30 years.”

Last year was a particularly memorable one for the business.  Hamnett Wealth were awarded the prestigious ‘Chartered Financial Planners’ title by the Chartered Insurance Institute, something that fewer than 700 firms have achieved, and Jonathan achieved Later Life Adviser Accreditation from the Society of Later Life Advisers (SOLLA).

As well as the new website, Hamnett Wealth will also celebrate their anniversary by making a donation to Totley Library, which is situated across the road from their office. 

Phil Smith, Director and Independent Financial Advisor, said: “We are strong supporters of our local community and know that many of our clients value this important community resource that is run by volunteers.”

Phil goes on to say: “We would like to thank all of our clients, professional connections and friends who have played a significant part in our journey so far.  We look forward to the next 30 years.”