Financial Adviser in the West Midlands

Shortfall Analysis & Financial Plan

Our Chartered Advisers, work directly with you to produce a tailormade financial plan, this covers the following areas of financial services, relevant to your age, financial position, and objectives.

There will be no charge for our initial analysis which includes, but is not limited to the following areas;

Pre – Retirement Planning

• We will establish when you wish to retire and the income you would like to receive in your retirement. In addition to this, we will also consider any other short / medium/long-term objectives, for example, school fees.
• Your report will highlight the number of state benefits you will be entitled to and when these will be paid.
• We also review your existing retirement provisions, in terms of contributions and existing arrangements to highlight any shortfalls in your provisions followed by recommendations of how to address these shortfalls.

At – Retirement Planning

Our Advisers will provide you with an overview of the income that your financial arrangements can provide in your retirement.

We will also provide a report which details your main retirement options, with bespoke illustrations based on your circumstances. This will explain the options available to you, in terms of income provision, death benefits, and value for money.

Estate Planning

Our team will review your existing Wills and Powers of Attorney if you already have these in place. This is to make sure they are in keeping with your wishes.

If you don’t have a Will or Powers of Attorney in place, then your Chartered Adviser can draft them for you.
You will also receive an overview of your potential inheritance tax liability and the options available to legally mitigate this.

We then review your financial arrangements if you have any in place today, to ensure the correct Trust’s and Expression of Wish Documents have been completed.

If you don’t have these in place then your Adviser can implement Trusts and Expression of Wish forms for you.

Protection

Your adviser will highlight the financial impact of your death or being unable to work due to long-term or critical illness on your family.

We will then review any existing protection arrangements you have in place, including potential employee and state benefits.

Once your adviser has done this, we then highlight any shortfalls in your protection provisions and make recommendations to address these, where needed.