Britannic Place News

Sponsorship helps a good cause

Steve Perera — Thu, 15 Apr 2010 09:10:00 +0100

Local businessman, Steve Perera, has sponsored his old school team and helped a good cause into the bargain.

Britannic Place has sponsored the King’s School Worcester Sevens squad for the current academic year. At the end of the Sevens season the members of the squad have been given the opportunity to purchase the shirts for £25 each, with all of the proceeds going to the Matt Hampson Trust. This could eventually raise over £350 that will be paid over to the trust.

Matt Hampson is a former rugby union prop who was injured during a scrummaging practice accident, whilst training with England Under 21s on 15 March 2005. As a result of this accident Matt is now quadriplegic, having dislocated his neck at the time. Matt set up the ‘Matt Hampson Trust’ to help and support people with spinal injuries.

Steve Perera, a Chartered Financial Planner and Director of Britannic Place, said “I was delighted to have the opportunity to sponsor the KSW Sevens Squad, having been a very keen rugby player in my time at the school. The fact that it has also allowed us to donate some funds to a very worthwhile cause is an added bonus. Having been a front row forward in my playing days, this particular charity resonates greatly with me.”

The Sevens Squad was coached this year for the first time by Jonny Mason, Director of Sport for KSW, who has previously worked with Matt Hampson when he was coaching in Leicester. The KSW Sevens team made a recent appearance at the National Schools Sevens tournament held at the grounds of Rosslyn Park FC. KSW narrowly lost in the last 16 of the Festival tournament to The Oratory by 20 points to 14.

Steve Perera pointed out that he has very close links with the school. Not only did he attend the school for seven years but he has also provided financial advice to teachers, ex-pupils and also the parents of current pupils at the school.

Chartered at Last!

Steve Perera — Wed, 11 Jul 2007 13:24:00 +0100

Our Principal, Steve Perera, has now become a Chartered Financial Planner, with effect from 1 July 2007.

This new title ...

Health & Wealth

Steve Perera — Thu, 25 Jan 2007 16:24:00 +0000

Yesterday Britannic Place launched a new joint promotion with Inspired Personal Training called 'Health and Wealth'. The idea is to ...

Further Exam Success

Steve Perera — Tue, 23 Jan 2007 18:03:00 +0000

Our Principal, Steve Perera, achieved further exam success last week with the news that he had passed a further two ...

Britannic Place Principal joins BNI Worcester

Steve Perera — Thu, 23 Nov 2006 17:15:00 +0000

Yesterday I became a fully paid up member of the Worcester Chapter of Business Networking International (BNI). BNI is a ...

Exam Success for Principal

Steve Perera — Fri, 27 Oct 2006 16:46:00 +0100

I found out today that I had passed a further 3 exams that I recently sat through the Chartered Insurance ...

Media Coverage First for Britannic Place

Steve Perera — Tue, 24 Oct 2006 22:02:00 +0100

Today saw Britannic Place Financial Management Limited receive its first piece of media coverage in the local press. Worcester News ...

The value of financial advice

Steve Perera — Fri, 13 Oct 2006 22:18:00 +0100

Following on from my previous article, I feel that a small excerpt from Fidelity International's second white paper "Improving Britain's ...

Fidelity cautions against high withdrawals in retirement

Steve Perera — Fri, 13 Oct 2006 21:49:00 +0100

Fidelity, the largest fund manager in the world, has revealed in new research that 70% of people aged over 55 who have not yet retired have no idea how much they might withdraw from their savings. Most of the remainder are apparently set to dip into their savings at potentially unsustainable rates.

Financial modelling by Fidelity indicates that people should not withdraw more than 4% a year from their savings, inflation adjusted, if they want their income level to stand a reasonable chance of keeping pace with inflation for the remainder of their life. And even at this level, under certain economic conditions, they could exhaust their savings before they die.

Simon Fraser, president of institutional business at Fidelity International, warns that "people approaching retirement have not yet to fully grasp the implications of their increased longevity".

"Todays 65 year old has a 50:50 chance of reaching 87 and a couple retiring at 65 face a one-in-six chance that one of them will live to 100. People could find themselves in retirement for up to 35 years", said Fraser.

Building on research that Fidelity has done over the past year the fund manager argues that pensioners should retain a big weighting to equities. Its data shows defensive portfolios with high cash and gilt allocations fare poorly in both extended bear markets and average market conditions. By contrast growth (70% equities) and balanced portfolios might last 23 and 27 years in a down market. In average conditions a growth portfolio might last 51 years and a balanced portfolio 42 years.