Invest Southwest

New & Reviews

Music at Lunchtime, St. Johns Taunton

James Rippingale (, entertained a packed St. Johns Church ( with pieces by J.S. Bach, I. Albeniz, F. Tarrega and his own compositions. We are proud sponsors of the programme, which is a series of seven concerts taking place on the 2nd Friday of each month May to November.

Our Taunton/Wellington based adviser Paul Booker is seen here with James (seated), the Mayor Cllr Hazel Prior-Sankey, Rev Jane Eastell and the wonderful event organizers Mary and Liz. Please forgive the fuzzy picture!


Taunton Town FC awards evening

As sponsors of the Peacocks, we thoroughly enjoyed the awards dinner held at the County Ground and were very warmly received. Our Taunton based adviser Dave Donohoe, himself a Director of Bishops Lydeard FC, is seen here proudly presenting the Goal of the Season award to Ed Palmer.

Here's to another fantastic season in 2017/18.


Margaret Young has retired

Margaret worked for our subsidiary company Will Management Services since its inception in 2008. She is seen here at our annual Christmas party with Linda Fisher who presented Margaret with a string of pearls and a magnificent orchid. This took place at a drinks reception in our Hammet Street offices which was followed by dinner at Augustas Restaurant where Margaret said farewell to all her colleagues prior to commencing her well-earned retirement.

Margaret said:“When I accepted the initial task with Will Management Services it was to populate a new data base and I thought to myself, well, I will give it three months and see whether this is for me......eight years have now passed – in a flash – but now it is time for me to retire. I am delighted to see how successful we have become and I am proud to have played a part. It has been a pleasure working with a wonderful team and I leave knowing that all bodes well for the future”.

Margaret concluded by thanking both David Penny and Linda Fisher for their guidance, support, generosity and kindness. She will be sadly missed.


Our association with FA Cup heros Taunton Town FC continues to grow

Dave Penny (centre) Managing Director of Invest Southwest is pictured proudly holding the Peacocks new away shirt with Andy Power (club secretary) on the left and Brian Pollard (vice chairman and faciliites director) on the right.

We are pleased to announce our support of Wick Football Club

In conjunction with our adviser Mark Tarbard, we are very pleased to be sponsoring another local sports club Wick FC.

The football club runs four senior teams, three play on Saturday's and one on a Sunday. Playing their home games at Wick Sports Ground, Oldbury Lane, Wick FC has full changing facilities, a five-a-side pitch (if you are interested in hiring the pitch, please e-mail, a floodlit grass training area, clubhouse/bar and two senior football pitches.

The 1st team play their football in the senior division of the Bristol Premier Combination League, the Reserves in the Bristol and District senior division, the A Team in division four and the new Vets team play in the Bristol Casuals League. All players train on Thursday nights at Oldbury Lane starting at 7:00pm.

A very warm welcome to Naomi, David, Martin and Tim

Gosh we have been busy! Naomi Baker, David Donohoe, Martin Lane and Tim Turley have been brought in to strengthen our advice team. They bring with them a wealth of experience and we feel very fortunate to have them. You are welcome to read their profiles on the 'about us' page.

We are very happy to sponsor Ilminster Bowling Club

Ilminster Bowling Club is situated in the old Somerset market town of Ilminster. It is a friendly club where you will receive a warm welcome and enjoy a range of excellent facilities. Regular events include entertainment evenings and a quiz night takes place every Sunday. In addition, there are many other events held throughout the year. The range of excellent facilities include an indoor bowling rink, outdoor bowling lawn, floodlit tennis courts, full size snooker table and table tennis room.

For more information visit the website at

In conjunction with our adviser Richard Clarke, we are proud sponsors of Merriott Bowls Club

Established in 1934, Merriott Bowls Club has a mixed team of men and lady bowlers playing matches in the Wessex Mixed Friendly League. They also play friendly matches against other clubs from Bridgwater to Charmouth.

The green is open from mid April through to mid September with a very busy programme of events. For more information visit the website at



Brexit, what should we do?



Some weeks have now passed since the Brexit vote and as you read this you are likely to be experiencing one of more of: boredom/euphoria/fear/exhaustion/uncertainty/anxiety/indifference.

We have often recently been asked how, as financial advisers, we have coped with the uncertainty of the referendum and its aftermath, namely the upcoming years of negotiations and even more uncertainty. We advise all kinds of clients, the young and the old, the wealthy and those who are struggling, on all aspects of their finances. We have had clients asking us if it is a good time to buy a house right now and if it is a good or a bad time to borrow to do so. We are asked whether it is a good time to invest new funds or conversely if we should be pulling all investments and pensions out.

And guess what? We don’t know! No one does, neither amateur nor professional, and if you meet someone who tells you they do know, give them a wide berth because they are the ones who will be likely to make enormous mistakes in their decision making. Steer clear.

When considering whether to buy a house to live in, think of your personal circumstances, not the market. Is now the right time for you and your family? 25 years or a lifetime later, any ups or downs in house values in the months after you have bought, will be a tiny blip. Buy if you should do for personal reasons and not if you should not.

And what about those troublesome investments and pensions? When is a good time to invest? Surely not now? And what exactly is the right kind of home for your money? UK stocks and shares? Global stocks and shares? Property? Government Bonds? Corporate bonds? How could we possibly know what is the best investment and when?

It is a truism that there are two kinds of investor: those who don’t know how the markets will perform and those who don’t know they don’t know! A competent professional adviser will admit he or she does not know what the future holds and then make recommendations based on science, not sentiment.

In the week after the referendum, UK and European shares fell. But did you know that global funds rose sharply? So did government gilts and other assets. Invest Southwest portfolios have actually been rising in value, because we have used science to recommend a wide spread of assets. So post referendum don’t be fearful, seek advice from Somerset’s and the UK’s recently voted Top Financial Adviser 2016.

Invest Southwest has added Taunton Rugby Football Club to its growing list of sponsorship associations.

Invest Southwest are very proud to be sponsors of Taunton Rugby Football Club, home of the National League team Taunton Titans.

The club has a strong presence, not just in the form of the first team but also in all levels of Rugby: seniors, juniors, minis and ladies.

Founded in 1875 and playing their home matches at Hyde Park near Taunton, they have been named 'BBC West Team of the Year' and indeed remained unbeaten in the 2008-9 season.

Finishing 5th in the 2015-16 season, the club is in fine health and Invest Southwest are delighted to be able to support them.

We are very proud to sponsor the Old Bristolians Westbury Cricket Club and Vivary Park Golf Club.

We are pleased to announce that we are excited to be continuing our association with Vivary Park Golf Club and are very much looking forward to the Pro Am in August.

The golf course is challenging for players of all abilities. At 4,580 yards, the par 65, parkland golf course tests every aspect of your game. With fantastic greens, numerous bunkers, water hazards and tight out-of-bounds areas, it rewards control and accuracy.

Located in the heart of Taunton, the course is very easy to access, with affordable membership and pay & play options.


As the new main sponsors of the Old Bristolians Westbury Cricket Club, we wish the club every success for the new season.

The Club was formed in 1996 as a result of the merger of Old Bristolians Cricket Club and Westbury-on-Trym Cricket Club. These two prominent Bristol cricket clubs have their roots in the nineteenth century.

OBWCC is one of the best-equipped clubs in the South West of England, with facilities to match the highest standards. The spacious level grounds accommodate two pitches, both of which have grass wickets. Each pitch has mobile wicket covers, sight-screens and a scorebox.

If you wish to find out more about the club you are welcome to visit the website at








Invest Southwest passes 'Thematic Review' with flying colours.

Along with a sample of other Independent Financial Adviser firms our regulator, the Financial Conduct Authority (FCA) carried out a 'Thematic Review' with Invest Southwest and were are very proud to share the FCAs findings.

The 'theme' in question was research and due diligence. Here's what the FCA had to say about us;

  • Invest Southwest (ISW) applies 'criteria specific to the individual client when undertaking research and overlaid these with a consideration of costs. As a result, we [the FCA] did not have any particular concerns'.
  • 'In order to ensure a recommendation is suitable, firms should satisfy themselves that, at the time they select investments for customers, they have reasonably considered what risks could be associated with the investment and that they understand these. Our review of your firm did not identify any issues in this regard'.
  • 'Firms should consider what impact the selection of a given provider could have on the customer. Firms should be comfortable with the providers ability to continue to provide services. We did not identify any concerns with your firm in this regard'.
  • 'Firms should ensure they have the skills, knowledge and expertise needed to discharge their responsibilities. We did not identify any concerns with your firm in this area. Furthermore, we consider that you make good use of all the expertise available within your firm. We noted the collegiate approach adopted by the firm. We consider that the Funds Forum is an example of good practice'.
  • 'Firms should also take reasonable steps to apportion responsibilities clearly amongst those whom responsibilities have been delegated. All advisers appear to be involved in the due diligence process, therefore, we did not identify any concerns with your firm in this area'.
  • Developments in the market could mean that firms' chosen solutions may not remain the most appropriate option for your business clients. Firms may need to carry out periodic reviews. We consider that due diligence is undertaken on an ongoing basis, based upon individual client circumstances within your firm. Therefore, we did not identify any concerns with your firm in this area'.





Dave Penny wins Financial Adviser of the Year


We are immensely proud of our Managing Director, Dave Penny.

Not only did he win the top award at the Unbiased Media Awards 2016, Dave was also commended as a Value of Advice Ambassador. Read more by clicking here.



A very warm welcome to Mark and Martin

We are pleased to announce that Mark Tarbard and Martin Shea will be joining our advice team on January 4th bringing just under 50 years experience with them.

Mark has been a Financial Adviser for 22 years with Lloyds Bank, Bristol & West, AXA and more recently as an Independent Financial Adviser with Chase de Vere. With vast experience of both the personal and corporate world, Mark believes in the importance of building long term and trusted relationships with his clients and their family's.

A keen rugby fan and when not cheering on Bath Rugby Club Mark can be seen burning off a few pounds on his bike through the the country lanes around his home village of Wick near Bristol. Married with a grown up family Mark lives with his wife Jackie who works with special needs children in a local school.

Martin has worked as a Financial Adviser for Bristol & West, Bradford & Bingley, AXA and more recently Chase de Vere. With over 25 years of experience, Martin has built a long term relationship with his clients based on friendship, trust and professionalism.

Based in Chippenham, Martin has been married to his childhood sweetheart for 22 years and has two boys Ryan and Daniel aged 19 and 13 respectively. Martin is a keen golfer (which he says is different to a good golfer) and has recently taken up running once again following his retirement from football at the ripe old age of 47.

Dave has been nominated yet again!

We are very proud to announce that our Managing Director Dave Penny has made the Media Awards 2016 Shortlist for not one but two very prestigious categories namely Financial Adviser of the Year and Value of Advice Ambassador.



Advice for Life......we really do mean it!



Taunton Deane Cricket Club

We are proud to be a sponsor of Taunton Dean Cricket Club.

STOP PRESS - We are on the move!

Invest Southwest are delighted to announce that we have completed the purchase of 12 Hammet Street, one of Taunton’s most prestigious office locations, in the shadow of the magnificent St Mary Magdalene Church.

Built in the late 1700’s, the office is a beautiful Grade II* Listed Georgian terrace on three floors providing ample space for clients and staff alike and with room for continued expansion. We plan to sensitively restore and renovate the building over the next year in time to celebrate our 10 year anniversary in 2017.

Invest Southwest are Somerset’s Top Rated Financial Adviser providing multi-award winning advice for the real world. We offer 14 highly qualified experienced financial advisers throughout the South West of England as well as offering Wills, Powers of Attorney and estate planning advice via sister company Will Management Services: Regional Chair of the Society of Will Writers.

Due to exceptional levels of client satisfaction, we have been expanding carefully to meet demand. The provision of a 21st century office for advice meetings, is the next stage of that process. Watch this space for updates in the coming months.


Read Dave Penny's article in the Advocate

'Pensioner bonds' attraction is simple and twofold. First the rates are comprehensively market-beating with the best alternative one-year fixed rate at 1.85 per cent and three-year at 2.5 per cent. The bonds are head and shoulders above the rest.

With the latest inflation figures at an all-time low with little prospect of any immediate change, the rates look even better. Offerings on the High Street are unlikely to improve in the near future.' Read more of Dave's views by clicking on the article to the right.

Congratulations to Dave Penny!

Dave has achieved Top Rated status awarded by Top rated status is awarded to those advisers with the highest volume of positive reviews within the past year. Click this link to see the full list.



We are pleased to announce Paul Gold has joined our advice team.



A former HSBC Branch Manager, Paul comes with over 15 years experience in the Financial Services industry. For more information click here.



David Milne joins our advice team.

David Milne

We are delighted to announce the arrival of David Milne. For full details of David's career to date please click here.




Dragon Boat Race 2014



Apart from a short but veryDragon Boat 2014 sharp downpour, for the second year running the race day was blessed with dry and warm weather. Coming a very creditable 7th out of 17 boats, we shaved ten seconds off last years time, getting over the line in just over 55 seconds.

All sponsorship has gone to Headway Somerset and we would like to thank everybody that has made a donation.

May Fayre raises £3,600 for Bishop's Hull School.

On behalf of the school, PTA and the children, Claire Meredith has written to Invest Southwest to thank us for sponsoring the "panning for gold" activity. A big well done to everybody that contributed to a fantastic total. You can find more details about the school here.



Another major award!



With the media and best IFA awardsThe tenth annual Media Awards has been held in London and we are very pleased to announce our Managing Director, Dave Penny scooped up the coveted Judges' Award for outstanding contribution to the campaign to promote the value of professional, whole-of-market financial advice to consumers.

Karen Barrett, Chief Executive of commented "the submissions were of a particularly high standard this year. While each category was strongly represented, the winners exemplify those who support the campaign.

We are continuing our campaign to promote the value of advice to consumers and this could not have been done without the help of our media advisers. These advisers go above and beyond their day job to educate consumers on the value of advice, and the journalists who continue to engage and educate their readers on the subject."





It's official, Invest Southwest is the best in Somerset

With the best IFA in Somerset awardInvest Southwest has been rated the Best IFA Firm in Somerset by consumer ratings site We secured the award thanks to the support of our clients who posted positive ratings and reviews about the excellent service they have received.

A delighted Dave Penny explained "winning the award for being the Best IFA Firm in Somerset means a great deal. There are nearly two thousand advisers on the VouchedFor website so to be identified as the best in the region means a lot. We are really proud as it reinforces our reputation for giving only the highest quality financial advice."

Comments Adam Price, founder of VouchedFor "we would like to congratulate Dave and the team at Invest Southwest on being rated the Best IFA Firm in Somerset. Prior to VouchedFor, it was hard for people to know who to trust with their finances. People in Somerset now know that they have a well rated IFA firm on the doorstep."


Bev StaplesInvest Southwest is pleased to announce that Beverley Staples has joined us in the role of Paraplanner.

Bev comes with 36 years experience in the finance industry and is a crucial addition to our ever growing team. Bev will be based in the Taunton office.

Nick BashfordInvest Southwest is pleased to announce that we have acquired the services of Nick Bashford.

Nick comes with vast experience and is a highly respected adviser covering the Somerset and Bath area. Click here for more information.

Diary of an Adviser

Ever wanted to know what goes on behind the scenes? Our Managing Director Dave Penny is the subject of a series of articles published in the Financial Times. From video conferencing to physiotherapy, it is a real fly on the wall account. Read the full article at:





Invest Southwest raises over £2000 for Headway

Team ISWBrave souls that we are, we entered a team in Taunton's Dragon Boat Race. Fortunately for us it was a dry and sunny day, and even more fortunately, we somehow managed to stay dry. Nobody fell in and we didn't capsize!

We even made the ITV news;

Unlike our competitors we didn't field any ringers (OK we might have had one or two) and the fine body of people you see to your left posted a very respectable sub one minute time.

Sir Redgrave eat your heart out!We are so grateful for the support we received. To the participants, volunteers, caterers and the all important sponsors, we would like to thank you from the bottom of our hearts. We hoped to raise £2000 and we exceeded our target thanks to your kind generosity. Over £34000 was raised on the day.

Headway does wonderful work and we would encourage further donations. Please click this link to go straight to Headway's website.

 Media Adviser Awards 2013



We are very proud to report that our Managing Director, Dave Penny was shortlisted for two national awards. Sponsored by Standard Life, the ninth annual Media Awards celebrated the media advisers featured on's Bluebook who provide informed comments, case studies and opinions to more than 400 personal finance journalists throughout the year, producing thousands of pieces of positive media promoting the value of independent professional advice, covering the financial advice, mortgage, accounting and legal sectors.

This is a successful and well received event in the financial services calendar with the awards attracting financial media, influential industry commentators and the IFAs, mortgage advisers, solicitors and accountants who are part of Unbiased's media services programme.

Dave was shortlisted for two categories, IFA of the year and 'Value of Advice' ambassador.



A warm welcome to Adrian Rooney and Paul Johnston



Adrian Rooney Paul Johnston

Based in Taunton and Weston Super Mare respectively, we are very pleased to announce the arrival of Adrian and Paul to our advice team. For full profile details, please see our About Us pages.

Listen to Dave Penny broadcasting live on BBC Somerset Radio 95.5FM

Dave will be broadcasting Money May live, every Tuesday at 11.05 am on the Emma Britton show.



A warm welcome to Seb Powles



Seb on holiday with his familyWe are pleased to announce that Seb will be joining us on April 1st and in addition to bringing a wealth of experience, gives us much needed coverage in the South Somerset and Dorset region.

An adviser for over 15 years, Seb started out working in home service with United Friendly & Royal London before moving on to work in Bancassurance, first with Birmingham Midshires where he advised on AXA investments and then with Britannia & Cooperative Bank where he was employed by AXA Wealth, again giving advice on AXA Investments, as well as Friends Life, Ignis Asset Management & Resolution. Seb prides himself on building trust and confidence.

Married to Teresa, Seb is an accomplished musician (playing the piano) and has been spotted doing the odd gig in and around Dorchester. He enjoys spending time with his family and holidaying abroad (pictured here in Italy). We wish him all the very best in his new venture.


Vouched For 4.9 out of 5
Spring Statement 2017 - Invest Southwest

Spring 2017 Money
Spring 2017 Money

Spring 2017 Wealth
Spring 2017 Wealth


Vouched For - UK Top Rated 2015