An update from Iain McCulloch, Director HJS Financial Planning Ltd – 19 March 2020

1. HJS Client Challenges and Responses Document

We’re all becoming increasingly aware of the huge challenges the current business environment is creating around us. As business owners ourselves it’s clear that these are of a type and magnitude neither previously considered or experienced.

The range of issue is vast and covers business “fundamentals” including Cashflow and Funding; People; Supply Chain; Customers; Technology; Property considerations; Tax and Financial Planning.

In the attached document we’ve outlined some of the key points we collectively face and are areas we believe warrant consideration and discussion at this time, accepting that the environment is ever changing.

We trust this will provide you with a useful checklist that helps to place some structure around the way in which you assess the challenges you face. There are many aspects to consider but options do exist to help you move forward, and as your advisors, we are here to support you in whatever way you would consider appropriate to help ensure the continued success of your business and the wellbeing of you and your workforce.

HJS Client Challenges and Responses Document


2. News

With effect from Friday 20 March we will no longer be working out of our offices in an attempt to reduce the potential risk to our staff and clients.  However, we will continue providing you with regular news updates during this difficult time.

Business will continue as normal with our admin staff still able to respond to calls and requests for information etc. thereby providing you with the appropriate ongoing service we pride ourselves on.

You will also still be able to meet with your adviser (albeit by phone and other electronic means) and they will still make appropriate recommendations as and where necessary but where possible we will recommend that any new contributions to pensions and investments are made electronically, thereby limiting the amount of physical contact and thereby risk of exposure to the COVID 19 virus.

You can find all contact details here.