News

See below news articles that we feel may be of interest to you.

Does your pension cause you tension? (National Pension Awareness Day 2018)

12 September 2018

Ahead of National Pension Awareness Day taking place this coming Saturday (15th September), one of the region’s leading financial advisors shares eight of the most commonly asked questions they receive about pensions. Explore Wealth Management is a family-run firm of independent financial advisers based in Cramlington, Northumberland – who specialise in retirement planning, pensions advice and investment management. Here are the top eight questions on pensions:  Am I too old or too young for a pension? Is there risk involved with pensions? Are pensions the only way to save for my retirement? What happens to my pension fund if I die? How much do I need to retire and when can I afford to do so? Why has my employer told me to join a pension scheme? Will havin...  (Read More)

Planning your dream holiday doesn’t have to break the bank!

02 August 2018

It’s August and the holiday season is in full swing with the sun shining in the sky, bottles of wine chilling in the fridge and burgers simmering away on the BBQ. People are excitedly counting down to their vacations – that’s if they aren’t already basking on a sunbed abroad. We asked Stephen Sumner, Director of Explore Wealth Management based in Cramlington, to give his top ten tips for people planning their summer holidays (there’s actually eleven but we won’t argue amongst friends!). Top Ten Tips: 1). For cheaper holidays book early especially if you work in a small office and want to choose the best and cheapest dates first! 2). Organise your travel insurance cover as soon as possible.  There’s nothing worse than having no cover if you have to cancel yo...  (Read More)

North East IFA future-proofs its business with help from boutique London agency

30 October 2017

A North East independent financial adviser is working with a top London-based business consultancy to help strengthen its services to clients and become a specialist, market-leading provider of advice for those approaching retirement. Cramlington-based Explore Wealth Management is working alongside FP Advance through a dedicated mentorship programme lead by nationally-acclaimed financial services business coach, Brett Davidson. Designed specifically for growing financial services firms, the 36-month programme aims to coach financial advice firms on how to maximise their business potential and become more commercially viable while maintaining their client-focus. Stephen Sumner, managing director at Explore Wealth Management, said: “One of the first questions...  (Read More)

North East IFA reports 50% growth in client investment portfolios

09 August 2017

Ten years on from the financial crisis of 2007 which saw significant changes to a number of high-street banks (not least the locally based Northern Rock), a North East independent financial adviser has reported a 50 per cent increase in some of its clients’ investment portfolios. In a recent report, Cramlington-based Explore Wealth Management has discovered that its clients who invested in the market in the immediate aftermath of the crash have seen healthy portfolio growth of up to 50 per cent in the last decade. Caused by a domino effect of banks being reckless with who they loaned money to and a string of irresponsible deals to sell-on and re-finance rapidly accumulating debts, the aftermath of the financial crisis between 2007 and 2008 has been likened ...  (Read More)