Good financial planning looks at your whole situation, from your pension and savings to your mortgage and what would happen to your family if you couldn’t work. We can help with one part of that picture or all of it.
Retirement planning and pensions
Whether retirement is 30 years away or next year, we’ll look at the pensions you have, what they’re likely to provide, and whether you’re on track. Good retirement planning also means deciding how to take an income when the time comes, and we’ll explain the tax implications of each option.
Investments and savings
We start by understanding your goals and how much investment risk you’re comfortable with, then recommend investments and savings to match, such as ISAs, pensions, or other investments. We can also review your portfolio regularly so it keeps pace with your circumstances.
The value of pensions and investments can fall as well as rise, and you may get back less than you invested.
Inheritance tax and estate planning
Without planning, inheritance tax could reduce what you leave to your family. From April 6th 2027, most unused pension funds will count towards your estate for inheritance tax.
Many families will need to revisit plans built around keeping pensions outside it. We can help you understand your position and look at options such as gifting and trusts through our inheritance tax planning service.
Mortgages
Our mortgage advisers search the market for first homes, remortgages, and buy-to-let mortgages. We gather the documents lenders need and stay in touch with your solicitor through to completion.
Your home may be repossessed if you don’t keep up with your mortgage repayments. You may have to pay an early repayment charge to your existing lender if you remortgage.
Protection
Life insurance, critical illness cover, and income protection could keep your family’s finances on track if you die or can’t work because of illness or injury. We also advise on private medical insurance if you want faster access to private treatment.
Financial advice for Southport businesses and their owners
If you own a business, your personal wealth and your company are closely linked. Your pension, key people, and what happens to your shares if you die all fit into the same picture, so we advise on both sides.
Business protection
Key person insurance protects your company if someone it depends on dies or becomes seriously ill. Shareholder protection gives the remaining owners the funds to buy a deceased or critically ill shareholder’s shares, so they stay in the right hands.
Relevant life insurance lets your company pay for death-in-service cover for a director or employee, which can be more tax-efficient than a personal policy. We also advise on loan protection for business borrowing.
Workplace pensions and employee benefits
We set up and review workplace pension schemes and advise on employee benefits, including group life and critical illness cover, group income protection, and group private medical insurance.
How does our financial advice process work?
Our financial planning starts with a conversation about where you are now and what you want to achieve. We’ll then explain how we can help and confirm the cost of our advice in writing, so you can decide if you’d like to proceed.
Next, we research the market and put our recommendations in a clear, written report.
Once you’re happy to go ahead, we’ll arrange everything for you. We can then review your plan with you regularly, because your circumstances, the markets, and the tax rules will all change over time.
Speak to a financial adviser in Southport
Get in touch or call 01704 565 900 to arrange a conversation with one of our advisers. We’ll listen to what you want to achieve and tell you how we can help.
