| Where there's a will, there's way (of witnessing it)
As the coronavirus pandemic continues to impact all walks of life, we look at a couple of wealth-specific issues in this week’s newsletter including a reminder by Ogier of the importance of maintaining an up-to-date will. And despite the restrictive lockdown measures that are in place in large parts of the world, video calls and other forms of electronic communication mean professional advice is still readily available. As Ogier points out, some countries have temporarily relaxed laws on strict witnessing requirements to allow remote witnessing by video conference.
Helen Bradshaw meanwhile, a portfolio manager at Quilter Investors, says that with the likes of ITV, Stagecoach, Marks & Spencer, and many other traditional UK income paying businesses, having suspended or scrapped dividends in the wake of the Covid-19 crisis, investors should look to new geographies and sectors to find the new ‘dividend heroes’.
Sticking with the UK investment market – and pensions in particular – we report on a new survey from the PLSA which suggests that, despite the current market turmoil, the majority of workplace pension scheme providers say the crisis is having little of no impact on their day-to-day operations, and they are confident they can meet their payment obligations.
Welcome news in turbulent times indeed as is this week’s announcement from Tempo that recent stock market volatility means that investors in two of its structured product options will automatically benefit from significantly improved product terms, a result of Tempo’s Stated terms or better’ pledge, which allows the company to improve the terms of plans if the stock market and other factors during an offer period make it possible to do so.
And finally, a reminder, that etfLIVE Euope, an online digital summit from our sister site ETF Express, is looming large. Click here for more information and to register…
Wealth Adviser
Companies in this issue
EFAMA
Moonfare
Ogier
PLSA
Quliter Investors
Tempo
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