Personal Financial Planning
Sound financial planning is based on the ability to manage your money and review your circumstances on a regular basis. As your life changes, it is crucial that you continue to review your financial provisions to check that they are on target to meet your ever-changing goals and needs. Whether you are just starting out and in need of protection or nearing retirement and have a lump sum to invest, your requirements are the same - GOOD SOUND INDEPENDENT ADVICE.
There are three main areas that we believe you need to address.
Cash reserves - This is the money you may require for any short term needs such as an emergency or unforeseen expense. A general rule of thumb is to hold between three to six months' normal expenditure in cash reserves. Some individuals however, particularly the self employed, may need to hold more.
Protection - Nobody knows what the future might bring but by reviewing your protection needs on a regular basis, you can make sure that you and your loved ones are protected against potential financial losses as a result of death, disability or critical illness. With access to the whole market, we can provide the most cost effective solutions for your needs, quickly and effectively.
Investments (inc. pensions etc.) - To enable you to achieve your medium to long term financial objectives you need to save on a regular basis. The key to a successful investment strategy, including pension investments, is asset allocation (the spread and balance of investments held in your portfolio). Having the right asset allocation is one of the foundations of good financial planning and involves assessing your attitude to risk and identifying your financial needs and objectives.
The scope of our advice includes:
- Life cover
- Income protection
- Critical Illness Cover
- Private Medical Insurance
- Pension Planning
- Retirement Planning
- Investment for growth or income
- Regular savings (including children's savings)
The value of an investment can go down as well as up. Past performance is not a guide to future performance.
