Financial News
Relevant Life Plans
Using a Trust with Life Policies and Pensions
Most people have a life assurance or a pension, or both. But few have those policies subject to a bespoke trust arrangement. This may sound complicated but is, in fact, relatively easy to organise. And there are substantial reasons for doing so or, at the very least, exploring this. The protection this offers family members against a number of common third-party risks is substantial. This is a video which outlines more about how this works and the benefits this can lead to.
Equity Release
Equity Release describes the way that the value of a property may be used to produce additional income or capital for the homeowner. This is a complex area which people should approach with great caution. Used wisely and well it can be an invaluable support, but if it is used inappropriately it can cause untold problems. This is a video which takes a comprehensive view of the subject and provides a wonderful starting point for anyone looking into releasing funds from their property.
Arranging a Mortgage
A mortgage is such a significant undertaking and represents, for most people, a serious long-term cost and commitment, that making sure the mortgage is ‘right’ is important. This is a video which is relevant to anyone looking at their mortgage position. From first-time buyers to those with existing mortgages (who maybe looking at changing or reorganising) the content brings out all the relevant points that need to be considered. Including so0me which are not immediately obvious.
Business Protection
This video explains how some of the major risks facing a business can be mitigated. One of the biggest risks is that the owner or a key person becomes seriously ill or dies. There are ways to insure against this, not only protecting the business but also the family of the individuals concerned. The video also explains how Relevant Life Policies work, this is a way of structuring life assurance through a company for the benefit of an individual and can save significant tax as opposed to directors paying for life assurance themselves.
Asset Allocation and Diversification
How to use the principles of asset allocation and diversification in any investment approach. The video covers all the aspects to be aware of in respect of this important aspect of investment planning.
Estate Planning and Inheritance Tax
This video outlines how estate planning is the key factor to focus on when thinking about a legacy. Inheritance Tax is a key component part and taking steps to plan for the least amount of tax payable makes sense, but this should be in the context of the wider planning as the video explains.
Optimising your Pension
How a pension ‘performs’ can make a huge difference to the eventual pay out when an individual reaches retirement. This video explores how to go about trying to ensure the best – or optimum – return on pension funds is achieved. To generate the highest future sum possible at a given level of risk.
Income Drawdown
Income Drawdown is a method of taking income from a Pension Plan which has become very popular since the introduction of Pension Freedom. Anyone planning their income in retirement should be familiar with this method. However it is far from straightforward and requires some care. This is a video which outlines the main factors individuals will need to take into account.
Investing for Income
Investing for Income is all about balancing out a series of factors. Knowing how to do this and getting it ‘right’ can make a big difference to eventual outcomes. This is a video which focuses how to approach the subject of investing, when income is the most important requirement.
Life Assurance
Life assurance is the bedrock of all financial planning, it is the insurance families need to protect their loved ones and to ensure the long-term family future is properly protected. But life assurance needs to be carefully structured, with the right type and level of cover chosen as the video explains.
Financial Planning for Business Owners
Business Owners have special financial considerations and opportunities because their positions entail interacting their business and personal finances. This opens up different aspects and options, which this video illustrates.
Pension Freedom Video
Pension Freedom is the name given to the rules that now apply to personal-type pensions and how these can be accessed from age 55. Pension investors are free to use their fund in different ways and to access the full value of the fund. This extra freedom has to be treated with great care, as there are possible tax implications and also a real prospect of the fund being depleted during retirement if the pension is poorly managed.
Residence Nil Rate Band Video
The Residence Nil Rate Band is the added Inheritance Tax allowance which relates to the value of a home. This can help increase the amount individuals can leave to their beneficiaries before any tax is payable. However the allowance can easily be lost and comes with lots of small complications, making it highly advisable to plan to make sure the allowance is fully utilised wherever possible.
Pension Consolidation
Pension Consolidation is the act of bringing old pensions together into one new plan, which can have many benefits. However, it can also have drawbacks. This is a video which covers the subject and brings to your attention the main points that need considering if you have a range of older pensions.
