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Financial Planning

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We understand the importance of planning for retirement. This is not a process that happens in isolation, but needs to be considered in conjunction with other issues.

Retirement planning may take the form of establishing a plan for selling a business and investing the proceeds. At the same time, consideration should be given to pension planning and the potential tax benefits that can be achieved as a consequence. Key issues for many business owners include:
  • The tax efficient extraction of surplus funds from a business or company over time or on cessation;
  • Investment in suitable vehicles to provide for retirement

Whether you are a private individual or a business owner, other aspects of financial planning should also be considered, including:
  • Life and critical illness protection
  • Income protection
  • Shareholder protection
  • School & university fee planning
  • Planning for long term care (nursing and residential care home fees)
  • Private medical insurance
  • Savings plans
  • Equity release schemes

Many of these areas will also require consideration of inheritance tax issues and may prompt a review of your will arrangements.

We have extensive experience of recommending and establishing detailed tax planning strategies for personal and business clients. If you would like to discuss any tax planning issues, we would be delighted to do so, whether as part of a wider review or just to focus on structural or long term tax issues, leaving your current accounting arrangements undisturbed. We work closely with a reputable and well established firm of independent financial advisers to provide a complete and comprehensive consideration of your requirements.

If you would like to discuss how we might help you to plan for retirement, or to establish an exit plan for your business, please contact us to arrange a no obligation initial meeting.