deVere launches Contactless Advice service amid coronavirus outbreak 

deVere Group, is launching its Contactless Advice service with immediate effect amid Coronavirus outbreak . One of the world’s largest independent financial advisory organisations is offering free financial advice to anyone in the world on a remote basis as social distancing is universally embraced as the best tool to fight coronavirus.

The Chief Executive and founder, Nigel Green, says, “We are launching Contactless Advice now – which is an industry first – for four clear reasons. The world is changing fast and a short coronavirus-triggered global recession and the subsequent recovery will have lasting and far-reaching consequences for people’s wealth.

“First is Social distancing is currently the only tool available to fight the spread of the coronavirus. As such, more and more cities, regions and countries are going into lockdown and people into enforced or self-imposed isolation to help fight Covid-19. This means that they might not be able to see their financial adviser face-to-face as they do ordinarily.

 “And second, the economic landscape is shifting. The global economy is facing a short and deep recession. As always, new industries will emerge and, of course, there will be winners and losers in terms of sectors, jobs and wages – and this will, naturally, directly impact people’s finances.

 “Third, we’re moving towards an era of negative interest rates, which will affect people’s investment decisions, amongst other financial matters.

 “And fourth because the ongoing volatility will present challenges that will need attention, but also major – perhaps once-in-a-generation – buying possibilities and ways to shore-up your retirement income.

He adds, “Using a combination of existing technology, and our industry-leading applications, we're able to offer unparalleled financial advice from the comfort of your home”.

“The free Contactless Advice service will include a wealth scan in which you and your professional adviser will discuss your financial objectives and answer any questions you may have; a fact find in which your adviser will discuss your current financial situation with you; and a customised report which your adviser will analyse and discuss with you and outline your recommended next steps, if any are needed”, he concluded.