Welcome to the Autumn edition of The Wire.
Responding to a Rapidly Changing World
We continue to live through some very strange times. Shifting newsflows, scientific advice and political pressures create an environment where stepping back and thinking strategically is critical and at times requires fleetness of foot.
This issue of the Wire tells you some of things we are doing currently, some things to watch out for and an example of some past strategic advice for one of our fantastic families.
Engaging with you, our Clients
Whilst we could never have predicted the details of the oscillations in policy and day to day life back in early March, we decided to pivot to homeworking at least until late autumn in anticipation of a period of unpredictability.
We are immensely glad we have done so for the sake of our staff’s and our clients’ welfare and our ability to focus on our clients in an evolving “new normal” fashion, largely based on video conferencing and electronic execution, where we continue to build our capabilities.
We are modifying our offices in order to reopen them later this year for circumstances where this is preferred by clients and for staff with home working challenges.
We aim to ensure the expediting of our client services will be unaffected by the pandemic situation however that may play out; we continue to invest in helping make working with you as easy and as engaged as ever, whilst helping keep us all safe.
Societal Issues; Markets and Tax
We make some comment in this issue on pandemic related matters regarding tax planning opportunities and societal issues. You will be hearing more from us on markets in our impending next issue of the Investment strategy where Brexit and the US election as well Covid are all factors to bear in mind.
Despite the pandemic our staff have been fundraising over the past few months for a charity which is very close to our hearts, Pancreatic Cancer UK. This terrible disease cut short the life of a much loved 14 year serving staff member, Julie Bentley, last November. Julie was 47, married, with two young children. Our staff have been completing multiple challenges such as the Standard Chartered City Race where over 50 of us completed a 5km run from our homes; Ride London (again riding from our homes as the mass event was cancelled), the list goes on…
Since 2017 we have helped found and sponsor what has been described as the ‘Greatest Charity Track Day on Earth’ through an organisation we helped create called “Veloce” (Italian for speed), raising circa £250,000 for charity in just three years.
This year due to coronavirus the event was cancelled. The charities were desperate and so we got inventive. We have in the past few months helped structure and support a charity auction for motor sport related ‘money can’t buy’ items which has now raised over £50,000. We hope to raise a similar figure with a socially distanced, unique event on the day Veloce was meant to happen, 23rd September. This is being held at the beautiful grounds of Blenheim Palace. Enthusiasts or anyone wanting a lovely and different day out can have themselves and their car photographed professionally with British Formula 1 World Champion, Damon Hill.
We have secured access to the adjoining Salon privé (it’s like a Chelsea Flower Show for the world’s best cars) on super attractive terms. To find out more information please click here https://www.hfmcwealth.com/veloce-trackday/, or contact your adviser.
We very much hope you enjoy the rest of this issue.