Insightful Interview with Brooks Macdonald’s Senior Investment Director Andrew Lewis

Brooks Macdonald’s Senior Investment Director, Andrew Lewis, has had a unique journey from professional rugby to the investment industry, bringing a wealth of experience and innovative thinking to the firm’s approach to retirement planning. In an insightful interview with IFA Magazine’s Senior Financial Journalist Jenny Hunter, Andrew shared his transition from a successful rugby career to the financial sector, highlighting the challenges and opportunities he encountered along the way.

After a mid-contract injury ended his rugby career, Andrew pursued qualifications as a financial advisor, eventually falling in love with the financial services industry. His passion and expertise have made him a pivotal figure at Brooks Macdonald, leading the Wales and West region and contributing significantly to the company’s decumulation strategy.

Discussing the evolving UK retirement market, Andrew emphasized the importance of personalized financial advice in navigating pension freedoms and ensuring long-term financial stability. He highlighted the resurgence of annuities as a viable retirement option and stressed the need for diversified financial planning to meet individual client needs.

When it comes to crafting effective decumulation strategies, Andrew underscored the importance of tailored plans that align with each client’s unique circumstances and retirement goals. Brooks Macdonald’s approach involves segmenting investments based on time horizons and expected income needs, providing a balanced blend of growth and income-generating assets.

Addressing regulatory and technological challenges in the financial industry, Andrew highlighted the increasing demands for comprehensive data management and compliance. He also discussed the potential impact of Artificial Intelligence (AI) on financial services, emphasizing the importance of human expertise in client relationships.

Andrew’s journey from professional rugby to the investment industry serves as a testament to the power of adaptability and passion in achieving success. His insights into retirement planning, regulatory challenges, and technological advancements offer valuable guidance for advisors and clients navigating the complexities of modern investment management.