During our lives we will go through many life events which will impact your financial needs and objectives in different ways. Financial Advice can help you in the following ways:

SINGLE

  • Advice on savings and investments
  • When to start paying into a pension
  • Protection products - i.e. income protection.
  • Budgeting finances – Beginning to save for future events.

    mARRIAGE / CIVIL PARTNERSHIP

    • Advantages & disadvantages of holding individual or merged bank account
    • Budgeting at a time that income and expenditure has changed
    • Advice on savings and investments for the future
    • Recommendations on protection products

    BIRTH OF A CHILD

    • Budgeting at a time that income and expenditure has changed
    • Short and long term budgeting for maintenance and education
    • Recommendations on protection products
    • Saving for future costs such as child care and education
    • Reviewing wills
    • Investing for a child

    dIVORCE / SEPARATION

    • Budgeting at a time that income and expenditure has changed
    • Reinvesting split funds
    • Advising on the most suitable course of action with regards to pensions
    • Rearranging protection policies
    • Amending Wills and Power of Attorneys

    INHERITING A LUMP SUM / PROPERTY

    • Importance of investing inheritance
    • Where to invest the inheritance
    • Advice on passing on unneeded inheritance to the next generation

    dEATH OF A SPOUSE / PARTNER

    • Budgeting a time that income and expenditure has changed
    • Assisting with new personal circumstances
    • Advice on investing additional funds
    • Reviewing Wills

    sERIOUS ILLNESS

    • Accessing investments / pensions early if required
    • Payout of an existing critical illness protection policy
    • Protection products - income, health, life
    • Income replacement options

    PRE-RETIREMENT

    • Establish aims and objectives
    • How much income is needed in retirement
    • Identify what options are available, depending on your need for fixed or variable income
    • Sources of wealth, other than pension products
    • Identify willingness to take risk and what options are available for this level of risk
    • What to do now to work towards achieving retirement goals

    AT RETIREMENT AND BEYOND

    • Non-pension income options to meet retirement goals
    • Information on taking a lump sum
    • Ensure income meets expenditure
    • How to meet any differences in income and expenditure
    • Planning effectively to ensure retirement goals are met
    • Inheritance tax planning / setting up trusts
    • Priorities in retirement
    • Cash Flow planning to establish if you will outlive your capital
    • Budgeting carefully
    • Achieving life goals before it is too late
    • Passing on unrequired wealth to the next generation

    LONG-TERM CARE

    • Identify ways of meeting long term care costs
    • How to plan for long term care
    • Benefits of Power of Attorneys
    • Effecting a Letter of Wishes