When Ray Adams, founder of Niche IFA and CashCalc, heard from the client “he quickly realised that this was a case which required urgent attention”.
Writing for Financial Planning Today magazine, he explained: “In the space of only 12 months Susan went from financial stability to uncertainty as a result of events nobody could have foresaw.
“In less than a year Susan got divorced from her husband, was forced to buy her ex-husband out of the house, single-handedly take on the mortgage and look after their 14 year old son and was then made redundant by her employer.
“Essentially, her current situation was not sustainable and an alternative plan needed to be found.”
Read the article in full in Financial Planning Today magazine which can be viewed HERE.
He said the cashflow plan had been key to straightening out her financial position.
He said: “Cashflow planning has become an industry hot topic of late with many people possessing many contrasting views. I however, as a Chartered Financial Planner who has built a cashflow modeller, have witnessed firsthand the benefits it can bring to the table.
“Financial uncertainty is an overwhelming situation for anyone to find themselves in and cashflow planning is the ideal tool to form the foundations for the advice you provide. The case of Susan Jenkins is the perfect example of how cashflow planning can be used to great effect.”
Read the article in full in Financial Planning Today magazine which can be viewed HERE.
The latest issue of Financial Planning Today, our new 40-page magazine for Financial Planners and Paraplanners, is now live online to all readers.
The new publication features exclusive content, including contributions from leading figures in the worlds of Financial Planning, Paraplanning and Wealth Management, plus features and insights produced by experienced financial journalists.
You can read it HERE or click on the cover below.
Financial Planning Today's latest issue highlights include:
• An exclusive Special Report on the state and health of the Financial Planning profession using data from our readers, with analysis from leading Financial Planners
• Financial Planner Craig Chapman reveals his client prospecting and loyalty tips
• Columns from high profile planner Julie Lord, PFS chief executive Keith Richards, CISI head of Financial Planning Campbell Edgar, plus expert commentary from John Chatfeild-Roberts of Jupiter and Richard Stone, chief executive of The Share Centre
• New Investment and DFM section with 180+ DFM providers listed plus DFM updates
• Plus, Planner Casebook, Inside My Business with Unividual, Financial Planning and Paraplanning news and much more
For editorial enquiries please contact: This email address is being protected from spambots. You need JavaScript enabled to view it.. For advertising enquiries, including recruitment advertising, please contact: This email address is being protected from spambots. You need JavaScript enabled to view it. or 01895 678629.
Financial Planning Today Publisher and Editor Kevin O’Donnell said: “We're delighted to make available issue 7 and we hope the content will be invaluable to professionals. There is a wealth of insight, expert knowledge sharing, news and comment plus many busness tips and ideas to help Financial Planners do an even better job and build on their professionalism.
"We have designed Financial Planning Today magazine to be an essential publication for all professional Financial Planners, Paraplanners and Wealth Managers."
For editorial enquiries please contact: This email address is being protected from spambots. You need JavaScript enabled to view it.. For advertising enquiries, including recruitment advertising, please contact: This email address is being protected from spambots. You need JavaScript enabled to view it. or 01895 678629.