About You
As Independent Financial Planners we work with a wide variety of individuals and businesses
Business Owners
Financial planning for business owners is often intertwined with the finances of the business, and our team can support you in both aspects.
Whether you are the owner/director of a well established business, or just starting out as a budding entrepreneur or consultant, our financial advisers have a proven track record of running businesses, and are therefore best placed to help manage both your personal and professional interests.
How do we help Business Owners?
By answering some of those key questions:
How can I sell my business and retire tax-efficiently?
You can retire tax-efficiently by using strategies like Business Asset Disposal Relief, structuring the sale carefully, and reinvesting the proceeds into suitable financial instruments like ISAs and Pensions. A well crafted, personalised financial plan, tailored to your retirement lifestyle will help to determine the most suitable strategy
How do I use the proceeds from selling my business for retirement income?
Proceeds can be invested into diversified portfolios within tax efficient vehicles like ISA's and Pensions. Understanding your retirement plans and drawing up a detailed cash flow plan will help provide clarity over how best to utilise your money in order to live the retirement you deserve.
What is the best way to structure my pension as a business owner?
Company contributions into pensions are tax deductable. which helps extract funds from the business, build your retirement pot, all whilst reducing your corporation tax bill
How do I protect my business wealth for my family?
There are many ways to protect your business assets, with shareholder agreements and business protection insurance being the simplest, but also the use of wills and trusts may be required for wider estate planning purposes.
Approaching or in Retirement
A solid financial plan is essential for anyone considering retirement and for those who have already taken that step.
Peace of mind over whether you will have enough to see you through this period of your life, whilst also maintaining the lifestyle you desire are major concerns for many.
Alternatively, you may have questions over how best to pass money onto the next generation effectively, and our expertise can help you plan an suitable strategy for this.
How do we help Retirees?
By answering those key questions:
How can I make my money last through my retirement?
Our cash flow modelling systems help to devise a plan which involves a sustainable drawdown schedule, a diversified investment strategy and careful tax planning to protect your income.
How much do I need to retire comfortably in the UK?
This depends on your lifestyle and your retirement plans. By getting to know you, and understanding your wishes for your retirement, we can work out "your number". Once we have this, we can build a personalised financial plan to show how your pensions and investments are positioned to help towards supporting your desired lifestyle.
Should I take my pension as a lump sum or phased withdrawals?
Your goals and plans for your retirement will help to determine the best strategy. Phased withdrawals can be set up so that they are making best use of tax efficiency, whereas lump-sums can be useful to fund larger expenses.
Drawdown pension plans (unsecured income) are complex and are not suitable for everyone. Pension decisions can affect your income for the rest of your life. where benefits are accessed on a flexible basis, these are not fixed or safeguarded for life. If security of income is important to you then you should consider purchasing an annuity or taking a scheme pension to provide a secured level of income.
Wealth Builders
Whilst building your wealth, it is sometimes challenging to know how much to save for a rainy day, or how much to set aside for the future.
Whether to upsize your home, start your own business or look to put the children through private education, can be difficult questions to answer.
We will work along side you to build you a financial plan and help you strategise your life efficiently.
How do we help Wealth Builders?
By answering those key questions:
How much should I be saving in my 30's/40s for retirement?
How much you should save is dependent on your goals and objectives. A financial plan will help you set-out your career and life goals leading up to retirement, as well as the kind of lifestyle you want, and this can help determine a long term retirement savings and investment plan.
Should I pay off my mortgage early or invest instead?
This will be dependent on your ability to pay off the mortgage, your emotional attachment to it, interest rates and your investment strategy. Often a balanced strategy can provide security and growth, but a solid financial plan can help you decide on the best approach for you.
What are the most commonly used tax efficient strategies to build wealth in the UK?
There are many allowances and investment options in the UK, and the use of Pensions, ISA's, as well as maximising Income Tax, Capital Gains Tax and Dividend allowances alongside a diversified investment strategy are some of the key aspects for building wealth.
Risk Warnings
The following risk warnings apply to this page.
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The value of investments and any income from them can fall as well as rise. You may not get back the full amount invested.
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A pension is a long-term investment, and the value is not guaranteed. Any advice or considerations are personal to each individual’s circumstances.
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Levels and bases of, and reliefs from, taxation are subject to change and their value will depend upon personal circumstances. Taxation and pension legislation may change in the future.
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Please note that the Financial Conduct Authority (FCA) does not regulate some aspects of cash flow, estate or tax planning or trust advice.
