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25th Daffodil Ball raises thousands for Sheffield children

David & Jean Fyfe have raised over £970,000 for charity after hosting their 25th annual ball in aid of The Children’s Hospital Charity.

Daffodil Ball 2015

Over 200 supporters, including singer Katie Melua and James Toseland, came together on March 7th for the Daffodil Ball, hosted by David and Jean at Sheffield’s Baldwin’s Omega.

All money raised from the ball will support the charity’s Make it Better appeal, which was launched in 2012 to help transform the hospital into a world-class facility to match the existing world-class care. As part of the appeal, kind donors pledged £23,000 to bring a ground-breaking 3T MRI scanner to The Children’s Hospital in Sheffield – currently this specialist piece of equipment cannot be found in the UK and is only available in three countries worldwide.

The £3m scanner is able to produce images during surgery so surgeons can carry out assessments in a sterile environment when necessary without the need to resuscitate the patient or close the surgical wound. This means that the surgeon will be able to have a more concise idea regarding the size and location of the tumour, even in places which are not easy to reach.

Mr Shungu Ushewokunze, Consultant Paediatric Neurosurgeon at The Children’s Hospital, said: “Neurosurgery in children has to have strong links with the latest technology in order to achieve the very best results. This piece of equipment will mean our hospital is a world-leader in the treatment of brain tumours in children.

“We are in the process of building the most advanced paediatric neurosurgery facility anywhere in the world, and all the money raised will have a profound positive impact on children not just from Sheffield and South Yorkshire, but from around the world too.”

The evening’s host, David Fyfe, who has been involved in organising the Daffodil Ball for the past 25 years, said: “It all started in 1990. Together with our friends Nigel & Sandra Worthington we set up what we thought was a “one-off” ball raising £5,000. We have now passed our 25th year, raising over £970,000 in total. We are proud to support The Children’s Hospital in Sheffield and would like to thank the generosity of those that have contributed to our success over the years.”

The evening was supported by many local businesses and individuals, including Richard Caborn. Special thanks go to champagne sponsors Richard and Pat Howard alongside two main sponsors, Jeremy Priestley of the P&A Partnership and Michael Craven from Brewin Dolphin. Money was raised from sales of tickets, a tombola – featuring prizes including a television, tablet, meals out and luxury goods. There was also an auction and a silent auction, with prizes ranging from six VIP tickets to see One Direction at the Motorpoint Arena, a holiday to Iceland, and a 30kg giant Easter egg.

The Children’s Hospital Charity Director, David Vernon-Edwards, said: “We are always overwhelmed by the support we receive from members of the public who are tireless in the fundraising efforts, and generous in their donations.

“Tonight’s donations will be contributing to our Make it Better appeal where we are making great progress in raising the necessary funds for this wonderful transformation of the hospital – events such as the Daffodil Ball are a vital way to raise the necessary funds to make it happen. We’d like to thank David and Jean for once again supporting us.”

The Children’s Hospital, Sheffield, is one of only four stand-alone children’s hospitals in the UK and is a centre of excellence in many areas including neuroscience.

The event was also reported in local newspaper The Star.

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Frozen Family Fun Day raises much needed funds for Syrian Refugees

Donna & IsabelDonna Fyfe, the wife of Fyfe Financial Director Richard Fyfe, recently organised a ‘Frozen’ Family Fun Day and raised over £3,000 for young Syrian refugees.

Donna, who is a qualified teacher as well a children’s entertainer, had hoped that the special event would be popular with children of most ages and she was not disappointed as it attracted more than 150 families to a packed Wesley Hall in Crookes. The ‘Frozen’ theme ran throughout the day, including Donna performing as the film’s most popular characters. There was also face and nail painting, new and used toy and book stalls, a craft stall, cakes and refreshments and a bouncy castle.

Donna said: “I was overwhelmed by how well everything went and delighted to have raised so much. I am thinking of organising one next year but I think a larger venue might be a good idea!”

Richard added “I’m incredibly proud of Donna for organising such an amazing event and raising so much money to help the Syrian refugees. Holding this type of fundraiser takes so much dedication and determination. We’re also unbelievably thankful to all the amazing volunteers who made the day a success. The event simply wouldn’t have happened without them and it was truly a team effort. Our thanks also go to all the companies and individuals who donated prizes and the families who attended the event. I really hope the money raised makes a positive difference to the lives of some of those affected by the on-going tragedy in the Middle East.”

Save The ChildrenDonna and Richard would love to improve on the £3,000 that has been raised so far and further contributions can still be made at All donations go towards Save The Children’s Child Refugee Appeal.

Donna and Richard’s efforts have also been reported in local newspaper The Star.

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The Taxation of Commission Rebates does not Treat Customers Fairly

This isn’t the first time I’ve got myself into a flap about an announcement concerning the financial services industry. It usually results in a forthright discussion with a colleague and then back to business as usual. However, since reading about HMRC’s intention to tax trail commission rebates, I’ve been unable to get it out of my system.

There’s something inherently wrong about taxing someone on the return of their own money, particularly when investors have been shoe-horned down this route with the banning of trail commission on new investments and changes to existing ones. Don’t get me wrong, the implementation of Customer Agreed Remuneration is an improvement on automatic commission payments and the move towards clean charging is a positive step. However, penalising clients because the fund management industry has not yet caught up with the new regulatory framework is surely against the principles of the Treating Customers Fairly initiative. It’s not their fault that many funds do not have clean share classes nor that those that do are often more expensive.

I understand that HMRC are legally obliged to collect any tax that is due but surely there could be some leeway. After all they have already stated that they will not seek to collect tax due for previous years. Could such a concession not be extended at least until the proposed rebate ban has been enforced towards the end of the year? This would give the industry both the time and motivation to sort out the move to clean charging once and for all.

Let’s hope common sense prevails.

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Make It Better

GMM RWBPlease support Richard Fyfe who is running The Greater Manchester Marathon in support of The Children’s Hospital Charity in Sheffield.

As you may know the Children’s Hospital Charity in Sheffield has recently announced plans to transform and modernise the hospital to make it even better for their young patients and they are looking to raise £20m through their ‘Make It Better’ campaign.

The Children’s Hospital is part of Sheffield Children’s NHS Foundation Trust and it’s one of only four of its kind in the country. It’s just for children and has a whole range of specialist services that make it different from most hospitals.Over 245,000 patient journeys are made to the hospital from all over the UK and beyond every year!

TCHCharity Logo

The hospital already has a world class team providing expert care around the clock. What they need now is a world class environment to match. They need to transform their extraordinary hospital into something even better.

In order to help them reach their £20m target Richard Fyfe, one of our Chartered Financial Planners, will be raising money by running the Greater Manchester Marathon on 28 April 2013.

Make It Better Logo“This is a wonderful cause and I am delighted to be able to contribute to the fantastic work being done by the team at the Children’s Hospital Charity and their supporters. We’re really lucky to have a specialist children’s hospital here in Sheffield and I hope the local community will help me back the plans to make the facilities even better.”

If you would like to sponsor Richard, please visit his fundraising website at and follow the ‘Donate now’ link. By sponsoring Richard through his Virgin Money Giving fundraising page, donations will be quickly processed and passed on to The Children’s Hospital Charity. Virgin Money Giving is a not for profit organisation and will claim gift aid on a charity’s behalf where the donor is eligible for this.

For more information about the amazing work done at the Children’s Hospital please visit their website at You can also find out more about the fantastic fundraising efforts of the Children’s Hospital Charity at including details of their Make It Better campaign.

All donations will be greatly appreciated by Richard and the team at the Children’s Hospital Charity.

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Fyfe Financial awarded Chartered Status by the CII

As you may be aware, Fyfe Financial Ltd has recently been awarded the title of Chartered Financial Planners by the Chartered Institute of Insurance.  This represents the gold standard within the industry and is the result of a great deal of hard work by Richard and Stephen Fyfe in attaining Chartered Status as individuals.

This award reaffirms our professional commitment to offering the highest standards of service and advice and compliments the skills and qualifications attained over the last few years. It also reconfirms our commitment to excellence and integrity and demonstrates the high quality financial planning services we are able to provide.

We hope our status as Chartered Financial Planners renews your confidence in our ability to help you with your finances and we look forward to continuing our relationship in the years to come.

David Fyfe, Managing Director

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