Fidelity unveils Precovery workshop for IFAs

Fidelity and FundsNetwork will host Precovery workshops to prepare advisers for the highly anticipated market recovery.

The theme for the workshops, which will take place at 27 venues nationwide, is "preparation, not prediction".

Speakers will provide constructive and insightful ideas to help advisers position clients ahead of stock market and eventual economic recovery, Fidelity says.

Issues to be covered are:

• What might recovery look like?
• What is the typical time lag between a market and economic recovery and what profits can be missed if investors delay?
• With opinion divided over whether the UK faces deflation or inflation, can client portfolios be positioned to cover both eventualities?
• Is diversification dead as so many asset classes have fallen together?
• As clients will have different views on the likely nature of recovery, how can investment strategies differentiate between conservative and more bullish clients?

FundsNetwork will also present ways to prepare for the upturn, such as considering ways to segment an adviser's business, identifying which clients are more valuable and looking at ways to produce a steady source of income during the second half of the year.

"Trying to predict the absolute bottom is nigh on impossible, as only with hindsight do you know when it occurred," says Peter Hicks, head of UK retail at Fidelity International.

"The recent Budget should mean that clients can't have failed to notice the many tax changes. This is a great opportunity to review their affairs and add value to the relationship," he adds.

For more information and to book a place at one of the workshops, advisers should call: 0800 41 41 81 or visit: www.fidelity.co.uk.

The workshops will be held at the following locations:

Scotland:

• Aberdeen: The Marcliffe Hotel & Spa, Monday 15 June, 2.30pm for 3pm start
• Glasgow: Abode Hotel, Tuesday 16 June, 9am for 9.30 start
• Edinburgh: The Balmoral Hotel, Tuesday 16 June, 2.30pm for 3pm start
• Belfast: Culloden Estate and Spa, Wednesday 17 June, 9.30am for 10am start

Northern England:

• Kendal: Castle Green Hotel, Monday 15 June, 2.30pm for 3pm start
• Sheffield: Sheffield Park Hotel, Tuesday 16 June, 9am for 9.30 start
• Bolton: De Vere Whites Hotel, Tuesday 16 June, 2.30pm for 3pm start
• Manchester: Mere Golf and Country Club, Wednesday 17 June, 9am for 9.30 start
• Liverpool: Radission SAS Hotel, Wednesday 17 June, 2.30pm for 3pm start
• Newcastle: Newcastle Marriott Metrocentre, Thursday 18 June, 9am for 9.30 start
• Harrogate: Rudding Park, Thursday 18 June, 2.30pm for 3pm start

Central England:

• Birmingham: National Motorcycle Museum, Monday 15 June, 2.30pm for 3pm start
• Northampton: Northampton Marriott Hotel, Tuesday 16 June, 9am for 9.30 start
• Leicester: The Leicester Hilton, Tuesday 16 June, 2.30pm for 3pm start
• Norwich: Dunstan Hall Hotel, Thursday 18 June, 9am for 9.30 start
• Newmarket: Rowley Mile Conference Centre, Thursday 18 June, 2.30pm for 3pm start

London & South East:

• Gatwick: Copthorne Hotel London Gatwick, Monday 15 June, 2.30pm for 3pm start
• Cobham: Hilton Cobham Hotel, Tuesday 16 June, 9am for 9.30 start
• Maidstone: Marriott Tudor Park Hotel & Country Club, Tuesday 16 June, 2.30pm for 3pm start
• London: Fidelity International, Wednesday 17 June, 9.00am for 9.30 start
• Reading: Millennium Madejski Hotel, Thursday 18 June, 2.30pm for 3pm start
• Chelmsford: Best Western Ivy Hill, Friday 19 June, 9am for 9.30 start

South West & Wales:

• Truro: The Brookdale Hotel, Monday 15 June, 2.30pm for 3pm start
• Bristol: Aztec Hotel & Spa, Tuesday 16 June, 2.30pm for 3pm start
• Cardiff: Miskin Manor Country Hotel & Health Club, Wednesday 17 June, 9am for 9.30 start
• New Forest: Rhinefield House Hotel, Thursday 18 June, 9am for 9.30am start
• Exeter: Powderham Castle, Friday 19 June, 9.00am for 9.30 start