Hamnett Wealth Management has committed to the Financial Vulnerability Taskforce Charter.<\/p>\n\n\n\n
A newly created independent and inclusive representative body covering the personal finance sector, the Financial Vulnerability Taskforce is supported by the Personal Finance Society.\u00a0 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.<\/p>\n\n\n\n
At the heart of the initiative\nis a Charter which underpins the work of the Taskforce and sets out how\nprofessionals who commit to it, such as Hamnett Wealth Management, are expected\nto work with customers in vulnerable circumstances.<\/p>\n\n\n\n
Jonathan Rowley, Director of\nHamnett Wealth Management, said: \u201cSigning up to the Financial\nVulnerability Taskforce Chater means that people can be confident we will use\nour best endeavours to provide them with a service that recognises their unique\ncircumstances and delivers the same outcomes that they would expect if they\nwere not in vulnerable circumstances.\u201d<\/p>\n\n\n\n
Advisers, financial planners\nand firms who adopt the Charter agree to abide by nine commitments: <\/p>\n\n\n\n
1. Making advice easier to\nunderstand<\/p>\n\n\n\n
2. Placing your interests\nabove all else<\/p>\n\n\n\n
3. Understanding how your\ncircumstances might make you vulnerable<\/p>\n\n\n\n
4. Not making assumptions\nabout you<\/p>\n\n\n\n
5. Not labeling you<\/p>\n\n\n\n
6. Dealing with you\nsensitively<\/p>\n\n\n\n
7. Adapting processes and <\/p>\n\n\n\n
8. Ensuring staff are\nknowledgeable and appropriately trained<\/p>\n\n\n\n
9. Taking appropriate action\nif you are in harm\u2019s way<\/p>\n\n\n\n
Jonathan continues: \u201cVulnerability 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.\u00a0 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.\u201d <\/p>\n\n\n\n
You can find out more about the Financial Vulnerability Taskforce at: www.fvtaskforce.co.uk<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" 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.\u00a0 Its ultimate purpose is to promote a greater understanding of vulnerability, encourage appropriate behaviours and establish good practice amongst personal … Continue reading “Hamnett Wealth Management Commits to the Financial Vulnerability Taskforce Charter”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-388","post","type-post","status-publish","format-standard","hentry","category-press-release"],"_links":{"self":[{"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/posts\/388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/comments?post=388"}],"version-history":[{"count":1,"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/posts\/388\/revisions"}],"predecessor-version":[{"id":389,"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/posts\/388\/revisions\/389"}],"wp:attachment":[{"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/media?parent=388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/categories?post=388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hamnettwealth.com\/news\/wp-json\/wp\/v2\/tags?post=388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}