Independent Wealth Management
Call us on 01276 517700 or email advice@professional-wealthcare.co.uk
It is important to ensure that pension arrangements are reviewed periodically. Changes in product design and legislation have had a dramatic effect on the options available for pension policyholders.
When I review financial plans for my clients, I generally have three clear objectives.
Saving money requires no explanation, but is obviously always well received.
When you take out a Life Assurance policy, you will usually have the option of placing it into a Trust. This is often overlooked by policy holders and unfortunately sometimes by advisers.
I often meet married couples where the pension plans are all in the husband’s name. For many this is the traditional way for retirement planning. However, they could be missing out on a simple piece of tax planning.
How would you like to have your Company pay for your life cover? If you are a Company owner, you could set up a life assurance policy that is funded by your Company. The monthly premiums will usually be treated as a company expense and claims will be tax free.
You insure your home, your car and your pets. Isn’t your health important too? Private medical insurance is all about peace of mind and the reassurance of knowing that you’ll get the treatment you need, when you need it and at the best hospitals.
We insure our cars, phones, even our Sky box in case they stop working, but often not ourselves. But with over 2.2m people out of action due to long-term sickness [1] we’re just as prone to ‘breaking’ and the financial consequences are much more severe. It’s a lot more likely you’ll be off long-term sick […]
If you have a repayment mortgage, the most appropriate type of mortgage protection plan will usually be Decreasing Term Assurance.
If you run a successful Company, you may often find that there is a surplus of cash and the question arises where best to put this.
Many advisers will tell you that they can set up ‘School Fees Plans’. Unfortunately, this type of marketing has lead many to believe that special products exist that are bespoke ‘School Fees Plans’. In fact nothing could be further from the truth.
I have known Barry and used his financial services for many years for various aspects of our family’s needs. He has always provided a first class independent and personal service, giving un-biased advice that is in our best interest. He operates his business in a very professional way and communicates all the information efficiently and speedily.
David Hey
