Scenario

Mr. B, a Managing Director of a Medium sized limited company with several Million pound turnover had reached 60 but had no intentions of retirement and wanted to buy a holiday home with some funds within the company.

Solution

We arranged for him to make a sizable contribution into his pension, receive full tax relief on the contribution, thus reducing his tax bill, then he was able to withdraw the full amount of the contribution from his pension tax free. This enabled his to withdraw these funds from his company in the most tax efficient means.

Scenario

Mr. E is retired and had saved diligently for his retirement, he had been receiving an income from his pensions and investments for some years, but every night worried about the performance and the volatility of his investments.  He was eroding the capital due to the poor advice he previously received and was paying over the odds on charges and costs.

Solution

We reviewed his many pensions and investments, consolidated these into one efficient low charged Wrap Platform (see site for details of what a Wrap is), established the level of risk required to meet his requirements, and ensured he understood what this meant (the level of risk required was much lower than that of his current portfolio) and invested his money into a diversified portfolio of Passive/Index funds.

Mr. E now sleeps happily at night, spends many months of the year overseas traveling, and is an active referrer of clients to me from his Golf Club.

Scenario

Mr. A came to see me after receiving an abrupt redundancy and worrying how he could afford the six figure lifestyle he and his wife had grown accustomed to.  He thought at 58 his skills would not be required and he felt vulnerable.

Solution

After reviewing his affairs we repaid expensive debt, consolidated his investments, and arranged for him to draw and income from some of his pensions, leaving others fully invested.  After showing him the effect of this on his own life-time cash-flow forecast I could physically see a weight lifting from his shoulders and a smile being put back on his face.

Scenario

Mr. & Mrs. G inherited a lovely Edwardian home, but had only sufficient income in their retirement to service the running but little else.

It was Mr. & Mrs. G’s intention for their children to inherit the house, once they had passed on, however after being referred to me from their Solicitor, we discussed what would happen to the house on their death.  There were many £100,000’s of Inheritance Tax/death duties.

Solution

We recommended with the Solicitor that the Wills were re written, Enduring Powers of Attorney set up and various Trusts were written (one insured).  The Insurance was funded by the children, after all it was for their benefit, and all death duties were eliminated.

Scenario

Mr. & Mrs. S, were financially independent and the investments were building for a day when they stopped working, however it was our idea to educate there daughter about the value of money.

Solution

We decided we would set up a trust for their only daughter, and funded this at a modest level to ensure that at her retirement she would have a fund of over £2 million.  This cost the clients just £234pm for 10 years.