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Adviser dinner has raised £60k so far for charity

Adviser dinner has raised £60k so far for charity

Advisers, fund managers and industry stalwarts have raised more than £60,000 for various charities through a series of honesty dinners.

Lee Robertson, chief executive of the Investment Quorum, together with adviser consultant Alan Easter and other investment managers and financial advisers, have been running the annual honesty dinners for four years. 

Attendees pay what they think the dinner is worth, and the proceeds go to the nominated charity for the evening.

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Last year, Mr Robertson's nominated charity, Peas, saw £18,000 generated from the dinner. This goes towards putting children in Africa through the school system. 

According to the charity, it can cost £200 to put a child through schooling for a year; the 2016 honesty dinner has enabled 85 children to be supported financially. 

After two years, the local government has to "pick up the baton" and continue supporting the children Peas has helped, according to Mr Robertson. 

He said: "I got involved because Mr Easter had invited me and I think the honesty dinner is a great idea.

"It is easy for people outside of the industry to throw big brick bats at financial advisers and investment managers, claiming they only do things for their own benefit.

"But this dinner is low-key and has really helped several charities."

Previous charities were: Help for Heroes, chosen by Mr Easter; The Brathay Trust, chosen by Financial Adviser columnist Jeff Prestridge; and Cancer Research, which was nominated in memory of Monica Waller, the wife of Clive Waller, founder of CWResearch.

Companies represented in 2016 included BlackRock, Henderson Global Investors, Kames, Prudential, M&G, Columbia Threadneedle, Schroders, Seven Investment Management, Standard Life Investments and Investec.

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To take part this year, Mr Robertson said any advisers or asset management groups should contact him on Lee@investmentquorum.com or Mr Easter, on alan@easter.co.uk