INHERITANCE TAX
Many people spend all their life building up their fortune, for 40% to be taken by the tax man on death, in the form of INHERITANCE TAX.
Principle First will assess your finances and make recommendations, ensuring that you mitigate your beneficiaries' INHERITANCE TAX liabilities.
Inheritance Tax Calculator
FAMILY PROTECTION
For most people, family is the single most important thing. However, few people have the correct family protection in place.
We will demonstrate through simple calculations what life insurance, critical illness insurance and income protection you will require for a secure future.
Insurance Calculator
INVESTMENT EVALUATION
Not getting good growth on your investments?
At Principle First, we will evaluate your investments to ensure the best chance of growth. We will also educate you about your investments and the funds in which your money is held - giving you the confidence and knowledge to get a better return.
Investment Planner
RETIREMENT INCOME
People are not saving for retirement, or they do not review their existing pension to maximise their growth or minimise their risk.
Like all investments, Principle First will review your investments annually and advise you on how to ensure that you have an adequate income in retirement.
Pension Planner
MAKE THE RIGHT MOVE
Finding the right mortgage does not just mean going for the deal with the lowest interest rate.
There are many factors to take into consideration, when choosing a mortgage. We believe that with the right advice you can get the best mortgage deal that suits you. We are with you every step of the way!
Mortgage Planner
GET READY TO TAKE CONTROL OF YOUR MONEY
Ensuring your finances are in order can be a tricky task. Do you have bits here, and bits there?
At Principle First, we understand the importance of customers taking control. We have created OnePlan™ to allow you to take control of every aspect of your financial world in one space.
Coming soon...
New proposals for a National Care Scheme will provide in-home healthcare for the elderly to those who pay £8,000 to join. Proposed payment options include a 10% inheritance tax, forfeiting state pension income by working longer, or planning ahead with pensions savings or a bond investment.
Currently, 11% of the adult population of the UK, or 5.4m adults, spend more than they earn each month, according to new data released this week. This is an increase of 12% since 2008, when 4.8m adults were living beyond their means.
Less than 10% of people know their new ISA allowances for the upcoming tax year, according to Lloyds TSB. Many under-24s think an ISA is an iPhone app, many more think it is an Instant Savings Account, says the bank.
Do you love the taxman more than you love your own children? If not, then don’t risk leaving them an Inheritance Tax bill of 40% on the wealth you leave behind! You stand to save thousands or even hundreds of thousands with good inheritance planning. The first step is to check how much you would owe, with our new Inheritance Tax Calculator.
Savings and investments for yourself and your family are much easier with a little knowledge, and some good financial advice. Here is our jargon-free round-up of savings and investments, showing the advantages and risks of each investment type.
Ethical funds watchdog EIRIS has found that 45% of companies have no management systems in place to check labour standards among their suppliers, and therefore fail to report on the issue. Worst offenders on worker exploitation are consumer goods makers, particularly of clothing, toys, and electronics.
Pension schemes have come out tops with the majority of workers as being far ahead of other forms of saving. In a new survey, pensions came first with 44% of respondents, far ahead of property (18%) and well ahead of any other form of saving. Over three quarters of workers (77%) said they would regard a workplace or occupational pension as a significant plus point, when looking at any prospective employer.
Maximising the performance of your pension savings requires regular reviews and quality independent pensions advice. By constantly reassessing your pension investments, a good adviser can add thousands to your annual income in retirement. New figures from Aon Consulting use 3 scenarios to show the savings that are possible.
Why lose this year’s allowances for tax-free savings in ISAs? With just weeks to go before this year’s ISA allowances of £7,200 expire, you could set up ISA accounts to save for your children’s education.
A 45-year-old male smoker can save £276 on his annual life insurance premiums, and £1,000 per year on tobacco spending, by quitting cigarettes. The savings on tobacco will more than pay for the life insurance cover, according to Aviva.
The minimum age for taking company pensions and personal pensions rises from 50 to 55 on April 6th. Numbers of those retiring were up by over 20% in January, as many rush to retire before the deadline.
If you are one of the13% of people in the UK who have taken out critical illness cover to protect themselves against losing their income through ill-health, you are probably aware that critical illness insurance offers identical cover for your children – free of charge.
