Enable Independent Financial Life Planners

It’s a fact that the majority of people have no idea where they are heading financially. They may have assets, investments and high levels of income but no clear picture of what it all means or what sort of financial future they are building for themselves.

Financial Life Planning is a process we have designed to actively manage your affairs, bringing together all aspects of your personal finances, from savings and investments and school fees planning to pensions, life assurance, mortgages and tax and estate planning.

Underpinning this is a lifetime forecast that graphically illustrates your financial roadmap. It will highlight both opportunities and threats, and perhaps for the first time you will clearly see not only whether your goals and objectives are achievable, but also whether they can be maintained in the future.

There are more choices at retirement than ever before. Recent legislation has provided huge flexibility but this comes hand in hand with increased complexity too.

The pension question we are asked more than any other is “have I got enough”. The best way to answer this is through Financial Life Planning but we can provide a summary of what your accumulated pensions are forecast to deliver and provide guidance on whether the current ‘wrappers’ and the investments therein remain suitable.

The State Pension has changed and you have to wait longer to collect it too. Your retirement funds are likely to have to last you much longer due to improved life expectancy, yet for some the ability to pay into a pension has been compromised. You need to understand how these factors impact you.

Our financial planners are well equipped to guide you through this minefield whether you are just starting out, nearing retirement, or whether you are already using your pensions & investments to provide for your lifestyle.

Business owners need specialist advice and we generally look to work in unison with your accountant and legal team to ensure all professional advisers are working towards the best outcome for you.
You may need to consider partnership or shareholder agreements and insurances, Key Person cover, pensions and other employee benefits.
Legislation changes quickly these days and we can make sure you stay up to date with your employer obligations. You must also remember that your business need to work to your personal financial benefit, after all, you are the one taking the risks and working the hours.
It is important to be able to separate your business life and your personal life from a financial perspective.
One day you may wish to sell or step away from the business and you need to have a plan in mind to help you achieve this.