Investment market update: May 2025
by Tony Dungworth
Uncertainty continued to lead to market volatility in May 2025. However, there was some good news for investors as some markets recovered the losses they experienced in April 2025. Read on to find out more and what factors may have influenced your portfolio’s performance recently. While market movements may be worrisome, remember, it’s a normal
Tony understands our attitude to risk and the purpose of our investments. He has always endeavoured to provide products suited to these needs. He is always available to answer any worries or queries between his annual visits. We have always found his visits friendly and helpful and put our trust in his recommendations.
David
A client since 2010
Peter takes the time to listen and does not rush when giving advice. Overall, he has become a sincere friend to us.
Ian
A client since 2015
Provides a professional service, willing to take the time to understand my aims and ambitions for my financial affairs. Only been with Tony a short while and the end results will be the deciding factor, but so far, I am confident that my goals will be achieved within the plan established by Tony.
Paul
A client since 2014
I am more than happy with the service Peter provides and his cheerful disposition. He even laughs at my jokes!
Pamela
A client since 2015
Peter was professional, able to answer all questions thoroughly. He displayed an exceptional knowledge base regarding finance and matters pertaining to our financial circumstances. The advice and expertise demonstrated by Peter throughout his visits was warm, open and friendly. We would not hesitate and have recommended him to family members.
Brian
A client since 2015
I have known Tony for a number of years, both in his current role and his previous role with NatWest. He has the ability to explain difficult concepts in terms that I can understand, without being patronising in any way. He is also very happy to recap on areas where my grasp had started to slip. In my view, he gets the balance between ‘listening’ and ‘talking’ just about spot on. I have encountered advisers in the past who seemed to like the sound of their own voice too much for my liking. I am also very impressed by his attention to detail.
Russell
A client since 2005
Easy to talk to. Explains risk. Happy to answer questions and works hard to sort any problems.
Sat
A client since 2012
Tony has always taken the time to both understand what my requirements are and to explain the pros and cons of the options available in a very clear and concise way. He is always available to contact by either email or phone and is very happy to call in to explain any grey areas. After each meeting he will summarise what has been discussed and will follow this up with a written copy which I have always found very useful.
Graham
A client since 2005
Excellent professional advice and excellent customer service. A considerable amount of work done on our behalf, pushing through the red tape of the pension companies to get what was best for us, not what was easiest or the best for the adviser. We were kept up to date with the process all along and always did what was agreed.
David
A client since 2007
We have known Tony Dungworth for eight years. He has always taken great care in giving financial advice in a timely and easily understood manner. He has at all times sought to clearly recognise our position and our needs. He has never pressed us to make a decision before we have been ready to do so. His summary letters have always been well crafted.
Richard
A client since 2009
The financial services sector has a reputation for fast cars and Italian suits. Tony is a complete and refreshing contrast... relaxed, easy going and not inclined to pressurise you into a decision. He has a good technical knowledge of the tax and pensions regulatory framework and is abreast of current issues.
Stewart
A client since 2004
Tony acquaints himself well with clients’ views, needs and anxieties. He is always available to be contacted and reliable.
Jenny
A client since 2010
Friendly, astute advice I can trust.
John
A client since 2007
Having been a client of D&A Investments for many years, I have no hesitation in recommending their service. I feel as though they are MY team, and I know exactly what is going on with my money.
Margaret
A client since 2010
Since receiving an inheritance, which made our finances more complicated, we have received excellent advice from D&A Investments Partnership in managing our wealth. We now have an improved understanding of financial markets and how our money is being invested with healthy returns, based on our personal and financial situation and attitude to risk. We have complete trust in D&A, who have always been approachable and respectful.
Bridget
A client since 2013
My wife and I have been dealing with Tony Dungworth for several years and he has always provided us with sound advice on every aspect of our financial planning.
Steve
A client since 2009
Tony is a trusted family adviser in whom we have confidence, as well as an Independent Financial Adviser with great experience.
Stewart
A client since 2004
D&A have managed my affairs for some considerable years now, and in spite of being a low-risk client they have managed to create a healthy profit on my initial investment.
Jane
A client since 2010
My husband and I have known Tony for approximately 10 years and throughout that time have valued and appreciated his help and advice. He has become a friend as much as an adviser and is very prompt to reply to any emails or phone calls we make to him. Many thanks and long may he continue in his work.
Lois
A client since 2008
D&A have helped provide a platform of understanding for us to make important decisions about our finances. We like their friendly yet always professional manner, which makes it easier to discuss what's important to us.
Catherine
A client since 2011
D&A Investments Partnership Limited have always given us a friendly personal service. To have the continuity of a partner with whom we have worked over many years means that the team has an in-depth understanding of our circumstances and can focus their advice based on their knowledge and experience. Their guidance over the performance of our investment managers has been invaluable.
Robert
A client since 2005
Peter was professional, able to answer all questions thoroughly. He displayed an exceptional knowledge base regarding finance and matters pertaining to our financial circumstances. The advice and expertise demonstrated by Peter throughout his visits was warm, open and friendly. We would not hesitate and have recommended him to family members.
Brian
A client since 2015
Peter Armitage is a first-rate ambassador for your organisation.
Thomas
A client since 2015
It is always a pleasure dealing with Peter and I have a huge level of trust in him.
Martin
A client since 2015
I was particularly grateful for Peter Armitage's kindness and patience. I am recently widowed and hadn't a clue what to do. But he led me through procedures slowly and clearly and the whole time I felt that I could trust him. I felt he was a very principled hardworking man who would always do his best for you.
Joan
A client since 2016
I have always found Mr Peter Armitage very helpful and kind, saving a very stressful time for me. Nothing is too much for him. Thanking you.
Alice
A client since 2009
I not only found my adviser, ‘very good’ but I would describe him as excellent. It was a pleasure to work with someone so eager and pleasant and I feel completely relaxed throughout the whole meeting. It's so nice to work with people who are so pleasant and easy to talk to and understand the situation so well.
Judith
A client since 2013
Peter is always punctual and friendly. He has been very patient with me since my husband’s death, making sure that I fully understand everything and going over matters if necessary. I always feel comfortable with Peter and I know I can ask any questions, no matter how small or unimportant they may seem, without feeling uncomfortable.
Irene
A client since 2009
Peter's knowledge and advice put us at ease and pointed us in the right direction.
Philip
A client since 2015
Peter makes financial information and advice very accessible and I have total confidence in the service provided.
Sarah
A client since 2015
We have been associated with D&A Investments Partnership for six years and have found their financial advice sound and their personal one to one service both essential and informative to the layman.
Sharon
A client since 2012
My investment situation, knowledge and aims are understood by my D&A adviser. This means I receive advice that is both relevant and informative. It is provided in a manner that I understand and suits me.
Nigel
A client since 2015
We have been using D&A for many years now and have always been confident and comfortable working closely to look after our investments. Look no further for an honest trustworthy and value for money service. Can’t recommend them highly enough.
Richard
A client since 2013
My dealings with Peter have always been very productive and helpful.
David
A client since 2012
I would highly recommend Peter for his expertise and knowledge in helping us gain access to some of the best financial institutions. D&A Investments are always responsive and very helpful in all aspects of our financial planning.
Graham
A client since 2006
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