Economic presenter visits Seymour Taylor & Chiltern
ConsultancyOn Friday 18 November, Seymour Taylor and our
Financial Advisers, Chiltern Consultancy had the great pleasure
of working with Justin Urquhart Stewart, co founder of Seven
Investment Management (7IM). In between presenting on a
breakfast radio station and being interviewed on BBC World News,
Justin took the time to speak to our highly regarded clients and
business contacts over two seminars.
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The day started off at our office
on London Road, High Wycombe, with Justin presenting
to a few selected representatives from local firms
of solicitors over breakfast, with an update on the
Trustees Act and its full implications.
Having trained as a barrister,
Justin discussed the evaluation of mandates and the
solicitors’ duty of care. |
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Needless to say Justin reinforced the
necessity for professionals to verify that their clients are
being advised correctly regarding their investments, if
they, as solicitors, are taking on the responsibility (and
potential liability) of Trustee. He stressed the key is for
processes to be in place for beneficiaries to receive that
which Trustees (and their Investment advisers) are obliged
to receive.
Widely recognised for his ‘lucky’ red braces
and socks, Justin continued the day with a lunch seminar at
Adams Park Conference Centre. The audience of more than 30
businesses enjoyed not only good food but Justin’s witty but
instructive view on the current world economy. Justin really
did underline the necessity to continue to develop the
investment markets. He is very skilled in breaking down many
of the barriers businesses and investors face, but presents
in simple terms.
Justin explained that we are a nation of small businesses,
“if we create the right environment, they will drive
employment”. His view is that the UK has a deficit problem, not
a debt problem. A ten year cycle is what we are experiencing,
irrespective of who our leaders are, we can’t change that, but
it’s not all doom and gloom.
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Whilst
touching on subjects as diverse as politicians, the
Eurozone, news commentators, housing issues and the
job market, Justin explained that the core issue
seems to be consumer confidence, which is the worst
it has been since the 1980s. To get the fundamental
elements of our economy unstuck, there needs to be
increased trust to spend in markets. Justin
expressed his view that Britain is damaged but not
doomed and we can’t grow the economy by cutting
everything. |
Finally, Justin felt that “recovery doesn’t happen
instantly”, but that it will be about “longer, slower growth”.
The delivery on Justin’s professional view of the investment
world, summed up by a member of the audience was “an
entertaining jaunt through the economic jungle - but packed with
useful facts.”
Just a couple of other comments fed back were: “Overall a
quality event.” “Excellent run through of many key issues.” “The
greatest strength of the event was Justin’s un-doubtable
experience and deep understanding of the markets.”
“We have had the privilege of Justin presenting for Seymour
Taylor in the past and working with him again for the day was
fantastic” said Simon Turner, Managing Director of Seymour
Taylor. “The economic seminar was very well received and the
audience came away with an enlightened view of the current
financial climate”. Simon continued, “Having someone of Justin’s
calibre presenting, shows our clients the high level of service
we and our partners at Chiltern Consultancy provide.”
Simon and all of the Directors of Seymour Taylor and Chiltern
Consultancy thank Justin very much for his time, we had an
enjoyable day and look forward to inviting him to future
gatherings.
Left to right:
Simon Turner, Managing Director of Seymour Taylor,
Justin Urquhart Stewart, co-founder of 7IM and Brian Page,
Director of Chiltern Consultancy.
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