Tel: +34 93 665 8596 |


With Care You Prosper

By Jozef Spiteri
This article is published on: 16th December 2021

For many, the benefits of financial planning might seem to not go beyond financial stability. Some might think that investing some savings will only result in a more secure financial future, however a recent study carried out by HSBC has shown that financial planning can actually provide additional benefits. They found that people who make use of the services offered by financial advisers tend to benefit from a better mental wellbeing.

Receiving guidance from financial professionals to meet long term goals seems to take a great weight off investors. This is because having to make such plans on their own can often be overwhelming and in the end, not particularly successful. A good adviser is well aware of the importance of a long-term relationship with clients and will have frequent contact. The ability to interact often will help consumers iron out any doubts that come up as time goes by, increasing trust between the adviser and client.

The study carried out by HSBC Life UK found that out of 3000 UK adults, 72% of those who review their financial position at least once a year benefit from average or above average mental health whilst more than 50% of those who don’t do this tend to suffer from below average mental health. Similar numbers were observed for people holding a retirement plan as opposed to others who did not.

This is something we experience first-hand at Spectrum. Clients are at ease knowing that we are there whenever they have a query. They also like to know if they are on track for financial security, particularly when they look ahead into retirement. We can use sophisticated cashflow forecasting tools to clearly illustrate their cashflow well into old age. This is very popular because most clients tend to get lost when they are just seeing numbers in front of their eyes.

Ensuring that our clients have peace of mind is of utmost importance to Spectrum advisers and that is why ongoing service is a key priority. Clients see the value of our active, ongoing service and support; good financial planning extends beyond just the original advice given.

If you would like to discuss the steps you need to take to have a more stable financial situation going forward, feel free to reach out to us. There is no obligation to proceed with anything when meeting us for an initial discussion. We just hope that we can be of service to you.

Article by Jozef Spiteri

If you are based in Malta you can contact Jozef at: for more information. If you are based in another area within Europe, please complete the form below and we will put a local adviser in touch with you.

Contact Jozef Spiteri direct about: "With Care You Prosper"

    The Spectrum IFA Group is committed to building long term client relationships. This form collects your name and contact details so we can contact you about this specific enquiry. For further information, please see our Privacy Policy.