Financial Planning Advice from Principle First
At Principle First we advise our clients how to build a bespoke financial plan. At no cost to you, we will talk through your current financial circumstances and your future needs and objectives. From that we will put together a comprehensive plan, which will ensure that you and your family have the most secure financial future.
There are 5 main areas of financial planning we will address and advise you on.
1. Personal and Family Protection
It is important that you have the correct amount of life assurance, critical illness and sickness cover in place, should the worst happen. You and your family currently live from income generated from your business or employment. We have set equations that calculate how much cover is required based on your family income. This will ensure that your family would not be hindered financially if one or both spouse were to die, contract a critical illness or were unable to work due to accident, sickness or disability.
2. Mortgage and Debt Financial Planning
If you do have debt or mortgages we will advise on the most competitive products in the UK to ensure that you are cost efficient when reducing your debt. With access to all mortgage products in the UK we will ensure that you have the most suitable, and will review it on a regular basis.
3.Pension and Retirement Financial Planning
We want our clients to have 60% of their annual income in retirement. Many individuals believe that they have a good lifestyle while working, and do not think of the 30 years we could potentially have in retirement. We will tell you the cost of achieving a satisfactory income in retirement, and we will review this with you on an annual basis. When saving for retirement, it is important to set a goal, and review it on an annual basis. If you are unable to afford the full contribution to a pension required, you most work within your present budget. One of the main problems with clients making provisions for retirement, is that they leave it too late. Talk to us today, and put your retirement planning in place now!
4. Saving and Investment Financial Planning
We are experts at all areas of financial planning, and this has gained us the recognition of “Chartered Financial Planners”, which is the highest recognition given to a financial services company. However, when advising our clients where to invest, whether for lump sum investments, pensions, or regular savings, we really excel. We put more resource into our research than any other firm in the UK, to ensure that our clients money is in the most suitable place for growth, while minimising risk. Our research team use the most comprehensive filters to sift through the 1,000’s of funds available to ensure that your funds grow. Talk to us today in regards to our investment and saving strategies. We do not use jargon, and will ensure you understand the funds in which we advise you to invest.
If you have existing investments, using our Double Helix investment scanning system, we will assess all your existing pension and investment funds, and provide you with feedback at no cost. All our clients when they first talk to Principle First enjoy this process. We use it as a way of highlighting our expertise in this area. Good investment planning is determined by the methods in which you collect and assess data. We would be delighted to show you how we do this.
5. Inheritance and Tax Financial Planning
The most avoidable tax is Inheritance Tax. The only time we cannot advise on Inheritance Tax mitigation is when it is too late, .i.e. a death occurs.
We can easily show you how to limit or totally mitigate any inheritance liability your estate would have on your death. If you are due to inherit an estate, and are worried about the inheritance tax liability you may have once inherited, we can also advise now.
As well as inheritance we can also advise how to mitigate income and capital gains tax through the use of HRMC approved financial products.
Summary
Some clients will fall into all the above categories, some will fall into specific categories. A Principle First Financial Adviser will develop a personal financal plan that is specific to your circumstances. We are passionate and proud about our business, and will ensure that you understand all the advice we offer. We do not charge for our recommendations until you are happy to proceed, highlighting our commitment to distributing our knowledge, and the confidence we have in ourselves. Contact us today for an initial consultation, or apply online for us to build you a financial plan.
Call us on 0800 678 5929 or follow this link and complete our financial advice enquiry form.
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