Financial Planning Concepts provide a comprehensive range of assistance and support to retired clients.
The package is all inclusive, So you won’t be billed every time you interact with our business – everything you need, now and into the later years of your retirement is provided whenever you need it. Our retiree service includes the following:
1. Annual planning meetings
We realise you will want to be seen regularly; the only question is how often. For most people an annual planning meeting is the core of this regular contact but if you (or we) feel that more regular meetings are necessary at any time we can build them into your schedule
2. Keeping you informed
We know the importance of being informed and as such we produce and send you regular newsletters. Also periodically we will be in contact regarding issues that personally affect you, just to keep you updated. None of this is long-winded or difficult to understand. If there is anything more complex, we’ll call and explain it to you directly.
3. Adviser access
If you need to contact Jerry between review dates, we are available via a range of communication options, including:
4. Monitoring progress toward your goals
One of the highest value-added tasks an adviser can perform is to simply keep you focused on your real goals and objectives. We’ll do that every year at your annual planning meetings.
5. Introductions to other professionals
If you ever need another professional to deal with a specific issue (e.g. your Will, or a complex tax issue) we have an extensive and trusted network of contacts we can connect you with.
6. Pension Planning: guidance and advice
Pensions are extremely tax effective but unfortunately, they are also very complicated and confusing. We can guide you through the pensions minefield, keeping it clear and simple at the same time.
7. Helping with broader family financial issues
Sometimes other members of your family face challenges that you would like to help them with. These could include things like:
- Care home funding for your parents
- Paying for education, for children or grandchildren
- Help with property purchase or debt reduction for your children
- Gifting money safely, down through the generations
We provide advice on each of these matters, as part of our retiree advisory service.
8. Wealth Administration: removing the hassle
Our aim is to simplify everything that can be simplified, speaking to you in a way you can understand without any jargon. We will take on as much or as little as you want us to – it is entirely up to you.
9. Income Management: sensible strategies
We make sure your income is stable and secure regardless of what is happening in the world. Our goalis to create a strategy to ensure your money lasts as long as you do. Clients tell us this is one of the most reassuring aspects of working with us.
10. Investment Advice: managing risk and reward
Our investment approach is straightforward and sound. Most clients don’t need to be taking unnecessary risks in their retirement years, so we don’t either. Slow and steady wins the race.
11. Inheritance Tax and Estate Planning
When it comes to estate planning you want to ensure the right funds end up in the right hands at the right time, without paying a fortune in tax to the government. Drawing on our years of experience and trusted network we can deal with your estate planning and IHT issues in a way that meets your exact requirements.
12. Tax Mitigation: make your money go further
Smart tax planning can make your money last longer, providing you with more income each year so you can enjoy the retirement lifestyle you’ve worked hard for. This is a very important part of our service.