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20 Mar

Covid 19 - A message to our clients

As the UK government continues to elevate its guidance relating to the COVID-19 outbreak, we felt that it was of upmost importance to get in touch with you at this time to inform you of how we are responding at DAM, as well as to offer our guidance and support throughout this uncertain time.

Whilst the coronavirus outbreak is first and foremost a human tragedy, there is no denying that this is also having a growing impact on the global economy, as individuals, businesses and industries across the world are massively impacted by this rapidly developing situation. As such, we need not point out that one of the consequences of this is that global equity markets have been severely negatively impacted and remain set for a volatile time ahead. 

With financial uncertainty and insecurity, as a result of potential drops in income and lowering investment values, undoubtedly at the forefront of your minds at the moment, we understand that now, more than ever, you may need our assistance. And we want to ensure you that we will continue on defiant, working harder than ever in the face of this disruption to provide you with financial advice and support throughout this stressful time.

Therefore, whilst life seems like it may be temporarily pausing, DAM will not be, and we remain wholly committed to continue to support you fully throughout these unprecedented times.

And whilst predicting the extent of major setbacks is impossible, the Government and Central Banks are actively addressing the consequences of the spread of the virus, and it is hoped that these measures ought to mitigate long-term negative economic implications. As has happened time and time again in the past, the negative impact of specific events and associated uncertainties have been overcome, leading to the recovery of markets as confidence is restored. It is difficult to see why things should be different this time. 

Please also be aware that as the health and safety of our workforce, clients and service partners is of paramount importance to us, we have put the following precautions in place:

We have reduced the number of staff operating out of our offices, with a number of our colleagues working from home. Our offices will still remain open between 9.00am-5.00pm Monday to Friday.

These measures, we believe, will allow us to increase safety for our staff and clients at this time, whilst continuing to ensure that our team of skilled individuals remain fully accessible and committed to supporting you throughout this time. 

If such measures do come into play that we cannot open our offices at all, please be assured that we have a contingency plan in place and will contact you with regards to this. At the moment however, all of our team members will be instantly contactable via email, with our main office still open. Our main office number is 0141 222 2045.  

We have also suspended any internal or external face-to-face meetings, with non-essential travel no longer permitted. Where necessary, we have arranged for alternative meetings using Skype or conference calling.

We will continue to monitor Government and NHS guidance, and should we feel that this will impact our service delivery in any way, will contact you to provide further updates.

A great strength of the capitalist system is that it can emerge from periods of severe uncertainty, and we can only continue to hope that at one point in the not so distant future we can rise from this, and look forward to a brighter future again. 

For now, safe wishes to you and your families. Please do not hesitate to contact DAM if you have any further questions or worries at this time.

 

Many thanks,

Russell Davidson

CEO & Founder

Our overview of the Budget Announcement 2020 Covid 19 - An update for our clients