10 Jun 2020
Shaw Gibbs Financial Adviser achieves SOLLA Later Life accreditation
Tim Davison, Chartered Financial Adviser for Shaw Gibbs Financial Planning has achieved the SOLLA Later Life accreditation, the Highest Standard for advice in the Later Life Market.
Tim has been with the practice for six years and has been in the financial services industry since 1984. He achieved the accreditation in January 2020 after passing his final assessment in October 2019.
The Society of Later Life Advisers (SOLLA) helps people and their families in finding trusted accredited financial advisers who understand financial needs in later life. All SOLLA advisers specialise in the financial needs of older people and they have voluntarily undertaken an assessment on top of their professional qualifications in order to achieve the Later Life Adviser Accreditation (LLAA) qualification.
Ed Gibson, Head of Financial Services for Shaw Gibbs comments
“We work with our clients in later life to balance their needs and make the right decisions for themselves and their families. The SOLLA LLAA qualification has provided Tim with a useful set of tools with which to assist us in giving the best possible advice to those in the later stages of life. We have found SOLLA’s training programme beneficial to help us to think about how to not only provide the right technical advice but also on how best to present the materials we produce.”
Providing the right advice for clients at every stage of their life is something I am passionate about. Later life advice is a specialised area which needs a careful balance of technical advice and empathy towards financial needs coupled with physical and cognitive health of the client. Also the complexities of the Powers of Attorney are often involved where the decision making process has been passed to friends and/or family. Going through the SOLLA process has been very rewarding and I now feel fully equipped to face the unique challenges of delivering advice and planning to those in later life
SOLLA as a not-for-profit organisation, does not make any money from advice given or products sold. Accredited advisers need to re-license annually and they are required to go through the full accreditation process every five years.